How I went from 20k > 250k > 5k
I started trading when I was 16 and just about a year ago started taking it serious. I got extremely lucky being able to catch the majority of the memory boom on $MU. I shot videos and saw the prices of SD cards skyrocket and knew the stock prices were bound to catch up. My account went from 30k to 250k at peak in just 2 months.
My greed and ego caught up and I lost it all practically the next two months dropping all the way down to 5K. I over leveraged on options and pretty much got the same treatment as leonard getting fucked by black rock. I’m 25 living in california not knowing if I would be able to afford rent in a few months.
I’m now back to ~10k after a few solid trades on software. But this is me documenting my journey back and I’m dedicating full time to trading. Do you ever just feel like you’re meant to do something? I’ve never wanted a 9-5 and trading and always been part of my life but never took it serious. Yes maybe I am delusionally optimist but this account is just to keep me accountable.
(I used to trade on RH so it doesn’t show my full history but I’ve zero’d there unfortunately and restarted on chase)
Sold out most of my 10/16 positions for -10%-20%. To move to 11/20. Might be a mistake but the theta decay was getting a bit scary.
$CIBR
$IREN
$DRAM
$HOOD
Is it just me or does $IREN seem like it’s about to pump? $NBIS is up and IREN is down. J.p. morgan raised targets. Donny trump is pumping data centers. Am I missing something here?
11/20 $50 IREN looks irresistible. The R/R is crazy
Crazy deals in the market today. I’m feeling a taco tomorrow. Buy strengths that are holding 8/21EMAs on the retest. Personally the 21 EMA bounces feel a lot stronger.
SEMIS
$MRVL
$SMCI
$INTC
$DRAM / $MU, $SNDK, $SKHY
PHOTONICS / CYBER / COOPER
$AXTI
$CIBR
$ERO
CRYPTO
$ETHA / $ETH
$PURR
This is why I have trust issues. How many times have we heard “be over very soon”.
On the other hand, I do feel like we’re peaking in fear. There’s literally nothing else that can go wrong. WW3 is priced in. Bonds ath priced in. Oil ath priced in. AI bankruptcy peaked.
One good news. And the markets are off. JUST ONE.
Crazy deals in the market today. I’m feeling a taco tomorrow. Buy strengths that are holding 8/21EMAs on the retest. Personally the 21 EMA bounces feel a lot stronger.
SEMIS
$MRVL
$SMCI
$INTC
$DRAM / $MU, $SNDK, $SKHY
PHOTONICS / CYBER / COOPER
$AXTI
$CIBR
$ERO
CRYPTO
$ETHA / $ETH
$PURR
@kevinxu Then what? You’re building habits of stinginess till then. How will you spend any of it? What’s to say you won’t want 100M by the time you hit 50M?
Hot take. I’d rather be broke than this level of stinginess.
Last year I had 50k and traveled to 14 countries. Came back broke but I learned so many things money will never teach you. I gained perspective on what life truly is and this is not it. At what point does it become “enough” money.