Restarting the journey
There are a handful of things I could do at home during this golden week, but among all of them, I am choosing have this trading journal setup for good.
I've had multiple trading journals in the past. I've hosted one on blogspot, another one on wordpress, and I also used to keep my handy-dandy, simple and basic, no frills, Google Sheets that kept track of my trades. I've had my ups and downs in trading but I've never really been consistent with journaling. My memory isn't really also the best, so if I am to take trading seriously again and actually improve, I need to ensure I have this journal setup as early as possible to look back and learn. Today marks the day where I commit to updating this entirely new journal to document my thought process from pre-selecting stocks to the final result of each trade.
The Target: Profits and Timeline
As part of this project, I will be setting a minimum target profit for each trade. I'm keeping that value to 5% for the time being. I am not a professional, nor have I proved anything in the past, but I think this is a reasonable target for both short and medium-term positions. My definition of short and medium term positions? Holding the stock for about 1-4 weeks, and medium term 4-12 weeks before selling.
A quick status report of what the portfolio looked like last December 8, 2025 before I started managing my wife's COL account.
The capital is small and as of yet, there is no plan to deposit more. The goal is to earn our first million with the existing amount.
Also, since then I've sold all the stocks and have had everything in one basket. More on this later.