Ok. With lessons learnt over the past few months, I am back to square one. I guess intra day trading isn't for me since I could not handle the stress and the FOMO on not entering..
The focus this month is on the Fed decision on the interest rate hike (again).. but most markets have already 'predicted' that the rates are here to stay. REITs are adjusting prices alongside this trend.
May was traditionally a "sell" month, and I paid attention this time; to sell off stock before May, and see what happens. Happened for my Comfortdelgro and UMS, as I predicted they would fall.
UMS was a shock to many retail investors. a slump in profit resulted in a 20% plunge in price, and it is maintaining at 1.0X. I managed to scoop up the volume that I sold at 1.5. I guess that's the only saving grace I had out of this stock; cut back on potentially 1.5k worth of losses. As for Comfortdelgro, I wanted to scoop at 1.4 to cut back on a hundred bucks+ worth of losses... but looking at the chart right now I think it could go to a lower support level. Shall monitor and see if there is any signs of bottoming.
I tried my hands on a glove stock. Top glove and AEM. Didn't turn out well. Just put in parking bay and wait.
May and June are dividend collection month.. But with all the recorded losses, I fear these payouts are not even able to help me break even.
Update #30:
Warchest: 1347.30
Dividends received YTD: 858.34