Your first trading profits?
Hey, I have a question for the people who have become profitable with trading (I'm talking about day trading & scalping).
How much did you win at the very first time and how much did you deposit at the beginning?
How long did it take you to go from absolute beginner to profitable trader? (I know it can be a long journey, I just want to know a specific timeframe.) π
I personally invest 70β¬ monthly divided into two ETFs, but this is a long-term investment. And then I invested between 1000-2000β¬ in various individual shares. All rather secure shares and/or those with a nice dividend. So more than a plant.
I currently have just under β¬17,000, including 5,000.
The only time I sold a share was Symbiotic (German cannabis group). I spent some 2500β¬ on good luck, most of them before there are really concrete plans for cannabis legalization. Then I sold it and I’d have $3,000 (after tax deductions). But it was more shocking than really knowing about it. I can only recommend if you can give up the money you put in. I’m glad enough not to have put much in Intel.
Daytrading took me four years to succeed
May I ask how you really successfully define? π
15 – 20% mtl constant,
Through proper training I was able to trade within 2-3 months and with the right risk management what I was taught to achieve 2k-5k monthly (after tax deduction) ππ½
it has taken a little over a year until I have reached profitable monthly 5 digit payouts ..