Trading Update (November 2015)

One month past very fast after I started my Forex trading. A simple update on how my Forex trading is doing while I am still thinking of how to present the trading results in future.

Starting off in November, I will be doing some trading (see reasoning here). This post shall be the first update on my trading journey. As I have not given a thought on how should I present my results from my trading, the formatting shall be firmed up while I go along.

My Initial Investment

After thinking through and making some calculations, I decided to invest $5,000 into trading Forex. I have opened an account with Oanda, made the transfer of the funds and started off my trading in Forex again.

Journey So Far

My trading journey in Forex did not start off in a good way. Made a couple of small mistakes and lost around $100. However, the “killer” was two of my trades in NZD lost around 750 pips each!

I had some good trades profiting a total of around 1,350 pips but because I was only starting off, I trading with only 1 micro lot which meant the profit was around $135. Just when I upsize my trades to 0.5 mini per lot, I lost the two “killer” trades which not only returned the profits in the start, I was down by $615.

After the loss of the two “killer” trades, I had a series of losing trades while trying to “revenge” the market by trading on the hourly and below timeframes. Very soon my account was down by $1,500.

The Bottom Line

After the two “killer” trades, I total lost my sight of my trading plans and started to go back to the trading pattern which cost me dearly in the past. Luckily, or unluckily, I had managed to see the problem fast and it did not wipe out my entire initial investment. Shall remind myself of the trading plans and restrict myself in doing “revenge” trades again.

Portfolio Update (November 2015)

While the Fed are still deciding if they would want to raise interest rates, investors and traders are now sitting on the fence to wait for the decision. Markets have rallied a little in November but slowed down nearer the end of the month as the expected date of the Fed announcing their decision creeped nearer.

While it has become more likely that the Fed will be increasing the interest rates, some stocks began to rally. As the day crawls closer to December 16, 2015, the day when Fed is supposed to announce a rate hike, price movement of the stocks in my portfolio started to slow down as investors and traders started to wait for the announcements before putting money into the equities market again.

Dividends

Clorox Co (NYSE:CLX) paid dividends amounting to $3.08, before tax, on November 13. The dividends had been converted to 0.0177 worth of shares at $121.8798 per share via DRIP

Abbott Laboratories (NYSE: ABT)  paid a dividends amounting to $2.64, before tax, on November 16. The dividend had been converted to 0.04170 worth of shares at $44.3976 per share via DRIP.

Stock Symbol YTD Dividends
Home Depot, Inc. HD $2.36 0.49%
Johnson & Johnson JNJ $3.75 0.74%
Automatic Data Processing, Inc. ADP $2.94 0.62%
Clorox Co CLX $3.08 0.67%
PepsiCo, Inc. PEP $0.00 0.00%
Abbott Laboratories ABT $2.64 0.53%
Total Dividends $14.77 0.51%

Total dividends paid till end-November is $14.77 or 0.51% of my total portfolio size.

Stock Holdings

Stock holdings as of November 30, 2015. Cost basis is the total invested amount, including dividends that were reinvested and the commissions and taxes paid. This cost will be used in the percentage calculations for YTD dividends, and profit and loss.

Stock Symbol Shares Cost Basis
Home Depot, Inc. HD 4.01400 $480.55
Johnson & Johnson JNJ 5.02812 $509.59
Automatic Data Processing, Inc. ADP 6.02550 $476.12
Clorox Co CLX 4.01770 $459.89
PepsiCo, Inc. PEP 5.00000 $471.74
Abbott Laboratories ABT 11.04170 $494.21
Total Investment Amount $2,892.10

Profit & Loss

With traders and investors feel that the Fed will be raising the interest rates for the first time over a decade, stocks began to rally and my portfolio all closed positive on the last day of November after some of the stocks slides in and out of the red zone a few days in the month.

Home Depot (NYSE: HD) traded on a nine days winning streak, and the rally stopped on the last day of the month. The stock traded at a all-time high of 135.47 on November 27, 2015.

Stock Symbol Profit/Loss
Home Depot, Inc. HD $57.24 11.91%
Johnson & Johnson JNJ $0.56 0.11%
Automatic Data Processing, Inc. ADP $43.64 9.17%
Clorox Co CLX $39.51 8.59%
PepsiCo, Inc. PEP $29.16 6.18%
Abbott Laboratories ABT $1.78 0.36%
Total Profit/Loss $171.90 5.94%

Portfolio Update (October 2015)

October marks a good end with all, except one, of my shares moving into profits from losses. Hopefully this trend will continue and build up the much needed buffer in December when the Fed is to announce if interest rates is to rise.

Stock markets seems to be doing fairly well this month with Dow Jones Industrial Average (DJI) up by 8.47%. The impact of the rising of interest rates by the Fed seems to be wearing off. We shall see if the Fed will definitely increase the interest rates at the end of the year. Hopefully, my portfolio will have increased enough to withstand the fall in stock price and stay positive, thus the month of November will be crucial.

Consolidation of my portfolio will be done annually, instead of monthly as I initially planned. This is to reduce the commission fees to be paid so that the savings can be “passed” over to my profits.

Stock Holdings

Stock holdings as of October 31, 2015. Cost basis is the total invested amount, including dividends that were reinvested and the commissions and taxes paid. This cost will be used in the percentage calculations for YTD dividends, and profit and loss.

Stock Symbol Shares Cost Basis
Home Depot, Inc. HD 4.01400 $480.55
Johnson & Johnson JNJ 5.02812 $509.59
Automatic Data Processing, Inc. ADP 6.02550 $476.12
Clorox Co CLX 4.00000 $456.79
PepsiCo, Inc. PEP 5.00000 $471.74
Abbott Laboratories ABT 11.00000 $491.57
Total Investment Amount $2,886.36

Dividends

Automatic Data Processing, Inc (NASDAQ: ADP) paid a total of $2.94 of dividends, before tax, on October 01. The dividend has been converted to 0.02550 worth of shares at $80.8599 each via DRIP.

Abbott Laboratories (NYSE: ABT)  began trading ex-dividend on October 13, 2015, with cash dividend of $0.24 per share to be paid on November 15, 2015.

Stock Symbol YTD Dividends
Home Depot, Inc. HD $2.36 0.49%
Johnson & Johnson JNJ $3.75 0.74%
Automatic Data Processing, Inc. ADP $2.94 0.62%
Clorox Co CLX $0.00 0.00%
PepsiCo, Inc. PEP $0.00 0.00%
Abbott Laboratories ABT $0.00 0.00%
Total Dividends $9.05 0.31%

Profit & Loss

The month of October was a great month. Most of the stocks in my portfolio had turned to profits from losses with the exception of Johnson & Johnson (NYSE: JNJ), which went back into the reds on the last few days of the month.

Stock Symbol Profit/Loss
Home Depot, Inc. HD $15.66 3.26%
Johnson & Johnson JNJ $1.70 0.33%
Automatic Data Processing, Inc. ADP $48.04 10.09%
Clorox Co CLX $30.97 6.78%
PepsiCo, Inc. PEP $39.31 8.33%
Abbott Laboratories ABT $1.12 0.23%
Total Profit/Loss $133.40 4.62%