Markets have been a bit choppy lately, and my stocks performed a bit poorly. Only the UK portfolio held up well, with a 21% gain since November vs. FTSE100 loss of 3%. My US portfolio is up 6.6% vs. S&P500 5.6% and the HK portfolio is down 1.87% vs. HSI -8.66%. I'm beating the markets by a slight margin but I'm not satisfied, the results could be much better, I held certain stocks for too long and didn't buy others, there is still a lot of space to improve my strategy. As a result, I'm selling PEGA, Biostime International (1112.HK) and NewOcean Energy (342.HK). They have been in downtrends for quite some time and I should have sold earlier but everyone is a general after the battle. I will dispose of these holdings today and look for other opportunities.
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To make money in stocks you must have the "the vision to see them, the courage to buy them and the patience to hold them". And patience is the rarest of the three. Thomas Phelps Categories
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