Great Day Trader Success Story
This is a Day Trader Success story. It might be useful for you who would like to be a successful day trader. I found this story on YouTube and it’s interesting, then I decided to share and write some here. It’s a long story. I don’t write all the stories. If you don’t like reading, you can watch the video of the complete story on YouTube. Below the great story of his successful experience.
“Does earning a full-time living from the comfort of your own home sound appealing to you? if you answer yes, well, I got some good news for you because I'm going to explain to you just how you can enable yourself within tools to make that ago in fact. You can work from wherever you want in this world as long as a secure Wi-Fi connection.
let's get into it. I'm gonna share a little bit about my story and how I became a successful trader. You know I'm saying I explain to you the whole background, the whole story, and just why I feel like everyone should be, making money in the morning and enjoying the rest of your day. That whole idea is beautiful.
I'm going to tell you just why it's just how you can make sure you can achieve. Let me explain something, I always had you know this whole entrepreneurial mindset, working for someone was never a part of my vision. I never was the kid in the classroom to say I want to be a firefighter, I want to be a police officer, I don't know be a nurse, a doctor, an engineer.
I have African parents. I was always a person to say, I want to invent something, I want to make something out of nothing, I want to invent, I started to really create passions. Being an entrepreneur pounce are on doing it for my soul, so I'm telling you that this year I really became a trainer.
Let me take you on a timeline, a little bit of a journey. Five years ago I really was into the stock market. I was watching Warren Buffett videos. I was really figuring out how he became one of the richest men in the world. He was the richest in the world and a lot of his income came from investments. Not necessarily building something that I was trying to do like build something and sell it. He really invested his money. It took companies that were already doing what he thought was great and he made money. They know to do that makes long-term investments that take with a game. So I looked at him, I started jotting down notes, I started listening to different videos on YouTube, just, all in all, just trying to get as much information in as possible.
I would jot down the definition of dividend and the best thing is this, this is a dividend, the definition of that is that the definition of yield is this, the definition of a broker is this, the fees that come with banks different taxes you have to pay. all these things I was providing myself with some sort of background and knowledge rate. I took no action. I just had the book and I still have the book the guy's sorted to you in a couple videos prior like I had this one book that my brother gave me and I was just jotting down notes about the stock market period.
So that's the first ticketed timeline fast board all the way to late 2017, early 2018. In Canada the marijuana stocks cannabis thoughts were really booming. One month and counting before Canada enters uncharted waters come October 17th recreational marijuana will be legal across the country. Lose a lot of conversation around it people are really intrigued by this whole legalization talks. People are really getting into that whole field so with that being said I had a couple people around me that were doubling and doubling until you know this whole hype. They're saying your profit, listen you missed out on Bitcoin.
I'm not talking that marijuana stocks are like Bitcoin, but you can see the similarities there's a lot of hype and a lot of people say you can become really rich in a matter of months and years. When this becomes legalized so you have to get on it.
One day I had $100, I opened up a brokerage account with my bank. It was a terrible brokerage account, the platform was ugly, the user interface was just a mess. I had a mobile app with it though so my bank had a broker they also had it packed. So I had $100 in my broker account and I decided.
Let me take a position, let me wake up tomorrow. So I woke up around I think 9:15 the markets open at 9:30. I was probably around to find a spot that I felt like I can afford and I could potentially make me money. So I found this thought I had to find your dogs like I said so I put the whole hundred dollars into this one position. So I'm about how many shares I got I'm pretty sure it was probably less than ten. I had to have been nine, maybe actually more because it's probably like a penny stock or something. The value of my position was $100.
After taking about hooded opposition I lost ten dollars of course for like buying position, adventures gonna lose ten dollars for selling it cause I'm with the bank. After remembering the fees are ridiculous. When you're with a bank so I already was down twenty dollars by entering the stock. I had no idea the outcome if it was gonna rise or fall.
I just knew it was a marijuana stock, marijuana was hype. A lot of people were talking about marijuana stocks in Canada. Legalization process was coming. It's got a spike, put money into it immediately, immediately it dropped and I was down ten dollars in my position and in my head I'm like okay, now this lower, you're not gonna be, we're not gonna lose a hundred dollars that I don't have to lose, because I don't have what do you like.
Now I need to pay my phone bill, I need to eat, I like food, so I'm not gonna lose my money. Gambling with this little marijuana, stupid stock, so I said, but it I'm out. I sold the position and remember ten dollars to buy ten dollars. I lost ten dollars, so on, a matter of like five minutes I went fry one hundred dollars to seventy dollars and I was pissed, I say okay, this isn't for me some complaint.
I don't have enough money to really risk like this, let me stop the slide, took my little boss, I remember when I transferred it right - back to my checking account and I think do with it the next few days was gone okay, long story, short, that was my experience when treating for the first time moving.”
Okay, the complete story is here on YouTube video Day Trader Successful Story
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