The Beginning
Many months ago, I traded my first stock on Webull. The stakes were high but my blood pressure was higher, unable to understand what most of the indicators meant. But just a few minutes later? I was somehow up $2 which led me curious to continue. And so, everyday I’d do my research, take lots of notes, and made a few small trades a week. And by the end of the month, I was up just over $150.
I was on top of the world, despite it being won with a paper trading account. But unfortunately, I fell down a common rabbit hole: I bought into the passive income to make millions mindset after watching video after video of “Top 5 Trading Tricks to Make Thousands Daily,”. In my defense, they were hard to ignore!
But why was that?
Logically I knew it was clickbait. I knew you most likely wouldn’t make thousands on day one-or even year one- with just $100 in your account. However, I came to realize I never saw the early documentations of these traders. At least, in ways other than videos titled “Top Trading Tips I’d Do If I Started Again Today”. But after doing some account research, it seemed most of their wealth, regardless of how much of a successful trader they are, came from sponsors, courses, ads, affiliate links, and so on.
As entertaining as those videos are, I wanted to see the ups and downs and ultimately, the complete transparency when it came to trading. I wanted to see an evolution of someone documenting their wins and losses and true beginner takeaways and reviews. All in all, I wanted the average joe version, minus the jargon (at first), but who wants to hear the story before the success?
Well, the story is exactly what I am going to do be documenting here.
The purpose of this blog isn’t to be a huge cash grab, to spout click baited “facts”, or even act as a promise to you, the reader. Instead, I will be starting from day 0 with a couple of barely read books, access to the internet, determination, and lots of discipline. And this blog as accountability.
The Plan
Now, before I put real money on the line, first I need plan. Day trading isn’t about luck or guesswork. It’s about discipline, understanding the market, and the ability to read the broader economy.
These are things I hadn’t learned past high school, so while it will be a learning curve for me, I will be documenting that part of the process too.
Even on the days when I must learn what not to do.
And as much I wish I could make a syllabus/schedule for each day on what to study and practice and write, that isn’t how life shows up. I’ll need to double down on the fundamentals: patterns, indicators, market psychology, and understanding charts.
I also must let go of my journey of finding the “perfect” scanner…
However, a good foundation far more important than any tool!
What to Expect/An Invitation
Three times a week I will be posting new content.
From:
- Updates
- Book reviews/recommendations
- YouTube video reviews
- Notes from my studies
- Strategies I’m practicing
- Daily/weekly logs
- And so much more
I would love to encourage you to comment your thoughts, recommendations, tips, and your history with investing. It would be amazing to turn this into a community of novice traders!
And above of all, for anyone else who wants to learn without pretending to know more than they do, you’re more than welcome here. I hope you stick around, and I’ll see you in the next post. I’m so glad to have you-
Welcome to Day 0!