Day Trading Stocks Journey (beginner)

she40841

Regular Member
Feb 25, 2014
332
61
I'm not sure how well this journey will go but I will use this thread as motivation and try to keep it updated as often as possible.

I will share as often as I can my total increase in percentage and maybe some more info, I will update the thread better hopefully tomorrow!

The updates will be held in the comment section but here are the first two days that I started typing up:
I have been day trading for about 13 days!
2020-10-02: 12,35% total increase from start
2020-10-05: 13,10% total increase from start
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I will not share how much my bank balance is but rather how much my balance increases in percentage.
 
2020-10-06 UPDATE
+2% increase total balance, insanely good day!
Total balance increase 15.03%
1 week increase 5.92%
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Good luck on your journey.
Do you use technical analysis or how do decide which trades to make?
 
Good luck on your journey.
Do you use technical analysis or how do decide which trades to make?
I check charts and compare it to previous values to get a median value so I do not overpay. I Also check all daily news for the stocks and always look orderbook.
If you want to make the most cash then it seems very important to wake up right when market opens.
I will learn more as this journey goes on.
Thanks for commenting
 
2020-10-07
lmao insane update - Total increase of balance: 22.6%
1 week increase: 12.89%
That means I increased my balance with 7.57% in 1 day!
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nice!

What strategies are you using because stocks are not as easy as forex, IMO?

following and good luck!
 
nice!

What strategies are you using because stocks are not as easy as forex, IMO?

following and good luck!
Before buying a stock I look at the orderbook to make sure there are people actually wanting to buy the stock, then I try to make sure the stock is not overpriced using the weekly graph, I would not buy a stock that is at a ATH, that feels way too risky for me. I look for drops in price and then cash in those quick price boosts. 1 stock I was watching today increased 10% in like 20 minutes.
I'm super new to this so it's mostly luck and to not use your emotions in what you buy.
 
Btw, does anyone know any other stock journeys? I could only seem to find forex journeys and they really aren't the same imo.
 
Before buying a stock I look at the orderbook to make sure there are people actually wanting to buy the stock, then I try to make sure the stock is not overpriced using the weekly graph, I would not buy a stock that is at a ATH, that feels way too risky for me. I look for drops in price and then cash in those quick price boosts. 1 stock I was watching today increased 10% in like 20 minutes.
I'm super new to this so it's mostly luck and to not use your emotions in what you buy.

Thanks for the reply!

Isnt the orderbook limited to your broker or does it contain the data of the whole market?

I have been trading commodities and forex for 8+ years now. Stocks are something I have never really touched because the movement is just too slow for me. I like to get in and get out within the week latest. But watching TESLA and WIRECARD stocks these past few weeks show me that stocks can move really really fast intraday too!

I find using the 10EMA on stocks the most reliable.

Are you doing penny stocks?
 
Thanks for the reply!

Isnt the orderbook limited to your broker or does it contain the data of the whole market?

I have been trading commodities and forex for 8+ years now. Stocks are something I have never really touched because the movement is just too slow for me. I like to get in and get out within the week latest. But watching TESLA and WIRECARD stocks these past few weeks show me that stocks can move really really fast intraday too!

I find using the 10EMA on stocks the most reliable.

Are you doing penny stocks?
I gotta be honest with you, I don't even know what penny stocks is, I assume it's the lower worth stocks? I only trade stocks that is from my own country which I highly believe in, renewable energy company, a gaming company which is growing extremely fast. Only companies that I believe in incase I would have to hold them for weeks or months if a crash would happend.

2020-10-08
Disapointing day but at least my balance increased!
Total balance increase: 23.17%
9aa8d58dcdff9c054bf91b86d7881d98.png
 
2020-10-09
total balance increase: 26.22%
What an insane week, 12.44% in 1 week
No more updates until mondays update :)
a83f985fb17d1c93c89e964b91ca64a2.png
 
Here is a graph to compare how my stocks is increasing to other huge stocks that you can buy in a 1 month graph!
(mine is the green) The highest that they have is 3.6% increase in 1 month.
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