Photo by Alexander Grey / Unsplash
This has not been a good year for my stock portfolio. This year had been characterized by bear market rallies which whipsawed my stock portfolio (more on that later). It is a year to be remembered for risk management and survival through decisive exits.
About 4 months ago in June 2022, I decided to move into China/HK stocks after the market showed some signs of recovery. 3 weeks later, I decided to exit China/HK stocks because my China/HK stock picks performed poorly despite a good performance from China/HK stock indices in June. I wondered what was wrong with me then. Usually, my stock portfolio will move hand in hand with the indices but this time, I lost money despite the indices going up. Either something is wrong with me or the market is telling me there is worse to come. I cannot allow the self-doubt to continue...