Back home and a difficult week at markets

 
09-Apr-2023

We ended a difficult week with few days at hospital where my wife got admitted for some tests as she continues to lose weight over the past few years w/o the real cause found. It was supposed to be 1-2 days procedure, but we ended up spending three full days with the total expenses exceeded our estimates. It was far more of a mental harassment than the money I would say in the end.  I was regretting my decision to choose this path for tests; however, our doctor was equally responsible for misguiding us. The ordeal is far from over as all test results don't show any significant issues. We need to continue finding more causes with CT/MRIs advised at the discharge. However, we are glad that we are back home after this ordeal.

Our #anniversary will be low key affair as Pallavi already feeling very weak from the endoscopy and colonoscopy tests which normally drain you out.  I am hopeful that she will feel better after few days. 

Anvay had his second attempt at JEE Mains, with 49 Q attempts. It is going to be busy few next weeks for him as its most of the competitive exams will be held in next two months. I need to travel back to Thailand on 16th due to upcoming work permit renewal, and as I was telling my wife that Apr-Jun seems to be very chaotic and busy with lot of different priorities. a) Pallavi's medical attention b) Work-permit renewal c) Anvay's test for under-graduate admissions d) Travel to US for Golden Circle e) my presentation deck, prep for my interview and panel interview for my next step. On top of it, I now have to find a permanent home in Bangkok as Narathiwas Residences has gone very expensive, and I can't afford it.  

I didn't trade this week much as it was a short week, and I was only adjusting my loss-making positions on the 17200 CE. Markets has shown bullishness and it is going to hit 17700 shortly, it seems like. I guess, I am caught on the wrong side, as I was expecting a pullback from 17500 levels. I will now have to spend quite a few days/weeks to adjust these positions to avoid big loss, and therefore, I expect to make less trades. The positions now showing an unrealized loss of 100k, with 24k of realized gains, net unrealized loss of 76k. I have been through similar situations and my learning curve on this is still how to don't get into this kind of situation. I guess, it has to be not mixing up short term with long term #macro trends. In short, markets were over-sold and a 700 run in two weeks is difficult to protect. I hope I will be able to manage this as in the past.

vA