I started investing with $20,000.
This was all the money me and my wife saved in 10 years.
My first stock was $LMT.
I bought around $200.
Price dropped.
I got scared.
I sold for around $10 loss.
I thought this is not for me.
A few weeks later I tried again.
I bought $BABA.
Same thing.
In 2018, in Romania, I had a poor relationship with money.
I did not understand risk.
I did not understand volatility.
I did not understand business quality.
I did not understand market cycles.
So I started reading.
Warren Buffett.
Benjamin Graham.
The Intelligent Investor.
Investing for Dummies.
Every investing book I found.
Then I started building my own system.
A system for finding stocks.
A system for reading charts.
A system for buying weakness.
A system for holding when the thesis is alive.
A system for selling when the risk changes.
I made bad decisions.
$WYFI, bought $32, sold $18.
$HIMS, bought $35, sold $20.
$AUR, bought $6, sold $4.
$MDAI, bought $2.30, sold $1.90.
$ARBE, bought $2.20, sold $1.90.
$IREN, bought $60, sold $51.
I also sold too early.
$NBIS at $150.
$BABA at $135.
$OKLO at $110.
$ORCL at $125 before price went near $300.
But I also found serious opportunities.
$META at $101.
$AMZN at $83 after split.
$GOOGL at $85 after split.
$COIN at $34.
$MARA at $3.34.
$MSTR at $135 before the 10 for 1 split.
$NVDA at $139 before the 10 for 1 split.
$PLTR at $21.
$ARM at $101.
$RKLB at $23.
$TSM at $64.
$AMD at $58.
$BABA at $64.
$NU at $3.70.
$IONQ at $7.53.
$OKLO at $17.90.
My road was not clean.
I lost money.
I sold winners too early.
I bought some wrong names.
I got scared more than once.
But the good decisions were bigger than the bad ones.
Now my main account is up almost 300% in 5 years.
I am still learning.
I am still improving.
I still make mistakes.
This profile is where I will show how I think as an investor and swing trader.
No fake certainty.
No perfect record.
No theory without skin in the game.
Only process, charts, companies, entries, exits, mistakes, and lessons.
I just want to share my ideas, my charts and my research.
@EFromeden@Gubloinvestor Yeah I know, $SOFI just going to wake up, not move, for that it will need time to heal to start really moving towards 30 and above. π π
@fundmyfund Always take profits, you have to have a rule for taking profits, or for exit. I do not mean a SL or TP I mean an exit plan, no matter if green or red the exit plan will help survive in this business.
This little heathy dip just halved my last month gains. Yeah that happened.
This is for all the nebbies out there, this is the hardest job/business in the world because when the market comes for it's share of the business you pay (not the employer, the payment is not cut from the tax paying) and sometimes you pay more sometimes you pay less.
At the end of the day the important part is that you never let your losing take over all your gaining, and like in every business you need to make a profit to survive.
most important rule in this business
Warren Buffet: "never lose money"