How I made purchase Canadian oil stocks in March 27, 2020?

April 11, 2020

Introduction

I am a new baby investor on stock market, and I came back to invest on stock market after 10 year break, since  I panic sale on 15 years low in January 2009, time the market; I came back to invest starting from May 2019. Recently I made purchase Canadian oil stocks in March 27, 2020, and I like to follow up to write down my thought process, how I made decisions. Later on, I will review my thought process, and make myself better to make decision as a business woman, 53 years old, and very hard working, a learner.

Highlights of decision making

Here are highlights:

1. I plan to panic sell on March 16, market lowest point, and then I talked to my friend and removed my anxiety after two hour 30 minutes phone conversation; 
2. More on step 1, I took care of my emotions first; 
3. After March 16, 3 days market went up 20%; I was lucky to experience around $5,000 dollar gains as recovery;
4. I felt that I should spend some of my gain, so I decided to invest on oil stocks since those stocks still were not went up;
5. I remembered my reading about big stock market crash may be followed a 30% gain in less than 6 months;
6. I do not have too much time to study oil companies, less than two hours, so I decided to purchase more than one stock; I should not take too much risk, so I just purchased around $2000 on oil stocks, and $360 on Canada airline stocks. 
7. I do think that SPX will not have 30% gain in next 12 months, I should take some risk on individual stocks. 
8. I chose those stocks from top losers on March 12, my research on big crash. 
9. I like to hold 20 stocks, Canadian biggest companies. 
10. I like to invest Canada economy. It is my first time to purchase Canadian stocks after I immigrated near 10 years. 

I am so naive as an investor on stock market, and I like to learn. It is better for me to write down my thought process. Later on if  I lose money, I understand myself and understand my decision process. 

God bless USA and Canada. 

My purchase

Here is the blog I wrote about my purchase after one week.
Here is the blog to document my purchase of distressed oil stocks, March 27 2020.

Jstock performance

I spent over 10 minutes to setup portfolio on my mobile using Jstock.

Actionable Items

I like to review my blog after 3 months, six months, and one year later. I learn that the investment is so stressful, and I take some risk. Mental  health is so important as an investor, so it is better for me to monitor my emotions, my thought process and I like to keep myself as a long term investor.

I chose to be a passive investor, but in less than 12 months, I found the opportunity and came out this investment idea, I became an active investor.


April 30, 2020

I had to slow down and really think about why oil stocks go up more than 60% before coronavirus can be curable. People are so optimistic and then look forward to get back to normal. I have to ask myself seriously, what if I can invest more on March 27, 2020. Why I only invest $2,000 dollars, why not $20,000 dollars. What are those worries in my head at that day?

May 10, 2020

I became so optimistic, so I plan to purchase $10,000 dollar Canada oil stocks. Here is the post.

I need to evaluate the risk and learn importance of risk management.

Two hour twenty minutes phone call

March 17, 2020

Introduction

It is important for me to work on decision making process. I took a sick day to stay at home, recover from my hay fever, and also I like to take some time to talk to my friend before I cut loss 25% of equity. We had two hour twenty minutes talk, after that, I decided to stay on the course, just discipline myself.

Two hour twenty minutes conversation

I have problems as an investor in the stock market, I have to learn to be patient and take one thing a time.

My idea is to sell 25% equity and then use those cash to hedge against my left 25% equity.

My friend asked me if I like to buy low and sell high, and lock in those losses. I told him that it will go down more, and then I can purchase more equity at that time.