After enjoying a return of over 10% in August, September looks a little less impressive.
The reason for this was #fomo
More specifically, the investment in two warrants: 15x Long $AMZN (+0.5%) and 10x Long #micron at very inopportune times. I was plagued by the feeling that I was missing the boat. As a result, I lost just under 2.5% of my portfolio’s value.
I also had to take losses on $SRL (+3.88%) (-19%), $3350 (-0.1%) (-22%), and $PFSE (-0.75%) (-22%).
But the positive side of the coin shouldn’t go unmentioned either:
I managed to gain +55% on $OPEN (-2.87%) , +45% on $BITF (+4.48%) , +55% on $AVGO (+0.81%) and was pleased with an 11% gain on $4GLD (-0.57%) (my largest position).
What do I learn from this? Well, probably less than I should (!?). I wouldn’t bet my life on the fact that I won’t encounter such events in the future. But I’ll at least try to act less impulsively. Still, that impulsiveness has already earned me a few gold nuggets :)
Let’s see what the #uptober has in store for me. I’m curious.