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Showing posts from March, 2016

My History with Stocks

Gambling in Stocks I mentioned in many previous posts that I do not invest in stocks. This does not mean that I have not bought stocks before. In fact, I used to gamble in stocks. There are no proper records kept for my stocks gambling, as the results were bad. So I am trying to hide them under the carpet. Without proper record keeping, the history is now hazy to me. In my first foray, after setting up a trading account with Philip capital, I proceed to try out my luck. The first stock I bought was Harry's as it was familiar. I recalled buying about 3000 units of it, at a total price of a few hundred dollars but eventually sold it at a loss. Undeterred, I went on to buy stocks like China Taisan, MIDAS, PEC, Banyan Tree, Jiutian Chemical, KS Energy, SGX and so on. The only stocks that I made money was China Taisan, KS Energy and SGX. The rest were sold at a loss. That was in 2011 when I just opened the brokerage account. Ask me again what did all these stocks do,