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Sanrith Descartes

Sanrith Descartes

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Blazin

Blazin

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Sanrith Descartes said:
What did you end up doing with QCOM?
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Closed it and took the loss. I closed everything yesterday morning. It was all options that expire tomorrow. I took a loss on QCOM , a tiny loss on apple, break even on MSFT and loss on CRM.

Other than CRM it was very well timed. That money has now been fully deployed back into tech at this mornings lows. I'm already up more today than the losses I took closing those trades two days early. Unless QQQ crashes thru 300 by end of next week then I'll hit monthly goal. Sniffing out this decline was exactly what I needed.

I'm hoping we don't rally too hard here, I'm now solid up day but I'd rather the market get much closer to my strike so I can either pick up the shares or sell again for June. I expect general weakness to continue just trying to be ready to get long the shares when I see signs we are ready to head towards ~4500
 
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Sanrith Descartes

Sanrith Descartes

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One positive to take away from being an investor in 2020, is that at this point seeing your portfolio down 1-2% in a trading day is like a non-event. Where seeing your portfolio down 2% in 2019 would have been a panic attack.
 
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