How I decided to handle my long term portfolio with a YTD -17% (SYFE, FSMONE)

In my blogpost, I wrote about how I decided to handle my SYFE & FSMONE portfolio that is having a big negative performance. Take note, I will incorporate elements of technical analysis into it. Do visit my post to further read about it.

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TLDR:

1. My SYFE (E100) account is -8% , FSMONE (MAPS) at -17% (as of this date)
2. From technical analysis, 2021 is the topping point of bull market with signs of weakness
3. 2022 is the breakdown of weakness into a bear zone
4. If you started opening a ETF roboadvisor account around 2021, very likely you are in the reds. That is unavoidable
5. I started both SYFE & FSMONE around the Jun/Jul of 2021 and DCA monthly until May 2022, hence the drawdown.
6. We dont know yet, when will start to be the end of bear
7. I will trim some % of my holding and resume DCA bit by bit when technical analysis shows selling has subsided (Not recommend for anyone)
8. For those new starters, it is recommended to keep DCA throughout. Dont attempt to time the market.
9. I take full responsibility of my own action regardless of outcome, its not a guaranteed move & just my own try out

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Robo Advisor summary:

1. I am not comparing SYFE to FSMONE nor any other, no finger pointing.
2. My personal opinion is generally all robo is good enough to start
3. If your investment horizon is long, (example ~5years or more even better), Keep calm and continue DCA
4. If you started at the tops of the market, then probably just a unlucky start like myself.
5. If your investment horizon is couple of years, then probably should consider other investment asset that are safer than stock market.

Goodluck!

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My post : https://weeklyworktrade.wordpress.com/2022/06/2...