Tag Archives: Mastercard

Hindsight

20 Jun

Over a month ago, I sold off my positions in Apple and Cliff Natural Resources at a big loss.  Also, I let go of my winners like Mastercard and Starbucks to even out the playing field.  By selling those positions, I’ve loaded some unhealthy stocks into my portfolio like a penny stock which shall remain nameless and Google.  Those two stocks alone is giving me a paper loss of $4,000.  I will be stuck with these paper losses till it comes roaring back.  For now, I’m inactive in my portfolio.  It’s going into dormant stages.

SOLD @ May 17th VS If I had kept positions @ June 20:
APPL- $535 vs $585
CLF- $50.50 vs $52.55
MA- $406 vs $429
SBUX- $52.00 vs $55.55
COP- $51.60 vs $54.65 (I replaced COP for GOOG on May 21st)

My biggest mistake in this whole time is jumping in on GOOG instead of AAPL when Apple was showing signs of recovery at May 21st.  AAPL went up, GOOG went down.  All the while, I just hung on with the hopes it’ll follow in suit.  As you can tell, that never transpired. 

It’s been a while since I blogged about stocks.  I’m kind of mad at myself for selling out at the wrong time.  Now, I’m stuck with a big loss with not much room to maneuver.  Patience is key!  Never listen to others~

Monthly Trading Goal Achieved!

28 Apr

My goal of realizing a profit of $500 per month was finally achieved when I sold my Mastercard on April 24th in my Questrade Margin account.  I held Mastercard for nearly four months and it has done well for me.  Even though, Mastercard went on to close at its 52 week high of $457.58 per share, I am happy with my emotionless trade.  I sold 10 of 40 shares of my Mastercard to lock in my gains.

Year to date, my realized gains were $2023.07 with a percentage gain of 3.64% which is not the best considering the amount of money I used to trade in the stock market.  Right now, my main focus is to monitor the progress of my stocks to maximize my profits and add new stocks for hands on active trading.

In my Questrade Margin account, I have a negative balance due to me averaging down on Apple.  After the spectacular earnings report from Apple, the stock gained most of its losses from the past week and a half of losing its footing.  However, the next couple of trading days, Apple seems to be trading negatively.  I may make an earlier exit if the opportunity arises.

I am quite disappointed with my trades in Just Energy and Inter Pipeline, now I have extra cash in my RRSP and TFSA account doing nothing.  If I had kept the stocks, my share price would have jump back up prior to the down slide, and I would have continued to collect my monthly distributions from these two companies.  Maybe, it’s a sign for me to move on and invest elsewhere.

Finding and researching stocks take patience and some luck as well.  If you pick the right stocks at the right time, you can really hit it big in your portfolio.  Pick a few stocks and monitor their progress from day to day to get a feel at how they’re trading.  When you feel the stock has reached a buying opportunity, jump in and let it ride till you feel it no longer serves you well.

SOLD: A Quarter of Mastercard at a Profit!

26 Apr

My sell limit for Mastercard was realized early this morning for 10 shares @ $450.00.  This is a $100 gain from my average price.  I sold a quarter of my shares to lock in my gains.  It’s always nice to walk away a winner.    So this time, I aimed for a price that I was comfortable with selling at and was able to meet it without much thought to it.

There have been several times this year where I stayed and lost out on paper gains.  Looks like I have made a mistake of selling out IPL.UN yesterday when I saw a big drop in mid-morning.  Today, it’s back up to $19.50 per share.

Trading Summary:
Date Bought: January 3, 2012- 10 shares $357.00
Date Sold:  April 26,2012- 10 shares $450.00
Profit: $922.58 with 25.82%

Patience is the Key

21 Feb

Sometimes patience wins over a quick profit.  Thing is you don’t turn a profit till you sell your stock.  The market is ruthless and can go in either direction any given day.  I was really pondering on whether I should sell my Encana/Mastercard shares to meet my $500 quota for January 2012.  That’s when I left for my vacation.  So I put off the sale of these two stocks for a turn of profit which proved to be the right move.

As of now, Encana and Mastercard has given me a 13% return in the past month.  The question is when do I sell before they lose their momentum?

Here is my never revealed full open stock portfolio ending Feb 21st:

I’m so close!

25 Jan

My recent purchase of ECA is proofing to be a good buy.  Right now, If I sell my ECA and MA… I will make my $500/mo profit mark in my QT Margin account.  I’m trying to decide whether both of them will continue to be on the upswing.  This is decision time!

My last decision of selling out CLF proved to be the wrong move.  I could have made an extra $670 more!! SIGH.. name of the game!

Long Haul

23 Jan

Looks like I’ll be sticking with Mastercard for the long haul.  I had a couple of opportunities to selling Mastercard at breakeven or even at a little profit, but I had higher hopes for them!  So I kept it.  That was a mistake.  I should have sold and bought back at an even lower price of $338.50 that they’re going for right now.  My average is at $350.  So this is a longer term hold that I had expected.

I always hold the wrong stocks and sell off the good ones.  Like Cliff Natural Resources, they went on to go into the lower $70s.  I could have made my $500 plus some more quota if I only had held on.

ECA is making a nice buck today… If I sell now, I can meet my $500 quota for the month.  Should I wait for more profits or take it while I can?  I will ponder some more… before I make my decision.

Market Playground

11 Jan

Yesterday would have been an opportune time to let go of my depreciated shares of Mastercard.  I would have broken even if I had known today would be a major downer.  As the word goes around the market, it’s a big playground full of obstacles.  There are slides, swings, teeter totter… have fun while you can, but always be careful not to fall off.

MasterCard Incorporated (Public, NYSE:MA)
340.48
-8.35 (-2.39%)
Real-time:   11:32AM EST
 

As for Cliffs Natural Resources, I’m almost to my target hit of $70.  I am still contemplating whether I should keep or rake in my profits while I can.  What will tomorrow bring for me?  Is it going to be another gain or another disappointment!

Topping up my Portfolio

9 Jan

QT TFSA:  340 @ $18.90/share – IPL.UN on TSE
For 2012, I’ve added another $5000 to my TFSA account.  Selling IPL.UN for POT was my biggest mistake in this account.  I sold IPL.UN out for 900 @ $16.13/share and bought POT 300 @ $47.00/share end of September.  At first, it seemed like a great idea as POT gained a few bucks in a matter of a few days.  However, I got greedy as always and held on, now POT is at $42.58/share vs IPL.UN at $18.90/share.  I am still holding POT at a loss, waiting for it to climb back up into the low $50s before moving on.

QT MARGIN:  100 @ $66.20/share – CLF on NYSE and 20 @ $344.81/share ($4685.09 of $6896.20 on Margin)- MA on NYSE
I was inactive during December which was a mistake as it was full of opportunities for me to scoop up some depreciated shares.  Now, I am paying for the price.  It is time for me to get back into the game and start waging on some stocks.  It’s been a while since I bought back into CLF, even though it’s not at the most attractive buy in price.  I think it might be able to hit $70/share.  As for MA, this is the only upside since I made my purchase last Wednesday.  This might be the support now, might be a good time to average down and see what will transpire in the next few days.

As of today, I am fully invested in all of my brokerage accounts.  Current Value:  $90,047.52.  Stock Count: 13.  My sights of $100k is within reach this year only if I keep a steady course of raking in $500/mo which seems impossible as I have too many different stocks pulling at different ways.

At least I get $3 in dividends!

6 Jan

Third day holding Mastercard equals to 4% loss at $286.55.  Buying Apple would have been the clear winner of this week!  This goes to show you how buying on a down trend can really eat up your own money!  What a stellar start to a new year with a disappointing loss.  I haven’t sold out yet, so it’s not a real loss yet!

January 6, 2012
$342.92
-9.49 (-2.69%)
Jan 6 – Close

Why are you down Mastercard?

5 Jan

Today, Visa gain 76c to $101.91 while Mastercard is slumping down $3.69 to $352.41.  My strategy of entering Mastercard at $357 on the down trend is not working out as I had planned.

I will wait to see a double digit gain in one day.  For now, I’ll just mop around with my recent buy.