Since starting on my journey of trading, and subsequently investing, I have had made a few mistakes, misjudgments and of course, misses. In this post I will share some of these as lessons and learning points for you to take home.
Trading Instead Of Keeping: Apple
Apple was the very first foreign counter that I had purchased since I started my trading back in 2009, where I bought it at USD 158.23 in August 2009. Around seven months later, I sold it for USD 225, making a 42% return, and was very proud of it then.
Well, looking back, if I had kept those Apple counters, it would have become a 30-plus bagger by today, which means per share without split would be around USD 4,430. My next purchase of Apple did not arrive until 2014, and I have been holding that since. For good quality companies, it is, in my opinion, better to hold than to trade, as their growth would be advantageous...