Saturday, August 3, 2019

Trading Journal - STI ETF

I bought 9 lots (1 lot of 100 shares) of STI ETF via FSMOne in December 2018.

I don't think there was much cost savings from buying in bulk because I only put 3k in the account.
I was too greedy. I wanted to buy at the lowest point. So once I saw the prices increased to 3.22, I bought immediately, thinking this was a signal of a price increase. However that day was an anomaly. After that day, prices continued dipping as usual.

I learnt a lesson to just buy at a dip, and not to look at the 'minimum'. It's hard to accurately time the market. But I don't regret buying into STI ETF at that price much. Because over 2019, the prices increased steadily.

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