RWS bought

I’ve been very busy for the past couple of weeks with my day job, which has become pretty hectic. This hasn’t left me much time to write blog posts – I’ve restricted myself to simply updating on my trades until things quieten down. I have a few ideas for some more interesting strategy-related posts but probably won’t have time to start getting them down until mid to late November. Stay tuned. In the meantime, I have one trade to update on from last week: RWS Holdings. Continue reading

Looking on the bright side

The panic seems to be subsiding, well at least momentarily, after last week, though share prices still seem to be quite volatile. I’m surprised at how sensitive my outlook is to share price volatility, despite my better judgment. Last week felt like it could be the beginning of the end, even though the rational part of me reasoned that there wasn’t much to worry about. A small bounce and I’m already looking forward to a monster Santa Rally. Those emotions are tricksy little blighters. Continue reading

GAW bought

I was going to start this post with a brief commentary about the general state of the market. This is how I have tended to introduce my posts updating on portfolio trades. Reading back through them, it now seems quite amusing how often my degree of optimism changes week to week. While it is quite interesting to have a record of this emotional rollercoaster, I’m going to stop doing these commentaries. I’m trying to become more relaxed about short term price movements and this feels like one thing I can change (along with checking my portfolio too frequently). Preoccupation with the ups and downs of the market doesn’t help my performance. Unless I have good reason to believe a crash is coming, it’s not worth worrying. It may even be counterproductive. Continue reading

LSE & JDG bought

My portfolio is treading water at the moment. I’m still optimistic about the remainder of the year, which tends to be the strongest season for the stock market. As I mentioned in my last post, I’m going to move to trading at most only once every two weeks so that I don’t end up relying on stop losses too much, or overtrade. I started with one trade this week under this new system. In addition to that, I have to update on a trade made last week. Continue reading

NSP bought

My portfolio continues to wade slowly through the rather treacly summer markets. Some of my larger holdings, notably Burford, seem to be going from strength to strength, while others, like Bioventix, are showing some (hopefully temporary) weakness. Still, slow progress is better than no progress and right now I’m feeling optimistic that the second half of the year should be a good one. Continue reading

Letting go of mistakes

It’s slow but steady progress at the moment for my portfolio. All seems well right now but I expect some more volatility is just around the corner, judging by how this year has been going so far.

This is just a short post to update on my trades from last week. A few mistakes unfortunately, but hopefully I’ve resolved them well. Continue reading

Two steps forward, one step back

After a decent July, this week was a pretty torrid one for my portfolio, which fell 3.4%. This was not really the result of any bad news for my holdings, but appears more due to wider sector rotation away from highly valued growth stocks to cheaper value stocks. Following a timely reader comment on a recent post, I’ve been wondering whether this could be the start of a more prolonged shift. Continue reading