Week 1
So my Trading journey has officially begun after years of intrigue and I’m going to be sharing my weekly trades and profit and losses with you all. I invested into Crypto after all of the hype a year or 2 back and have decided to cut my losses with it and see if I can make it back with trading in stocks and shares.
Now I knew literally nothing about trading in stocks until I met ‘The Accountant’ through Football Index and Footstock groups on social media. He is a wealth of knowledge and has been trading for over 10 years to great success. With his help we have set up an account with Etoro and our trades can be followed or copied by searching for RENDOG80.
For the purpose of the follow account we decided to trade short term to help our followers gain experience in making trades and learning the markets. Short term trading is a little more volatile than long term and essentially we are looking to buy in dips and sell on for quick small profits. Now the markets are all over the place at the moment due to financial uncertainty in the world and this makes for some good investment opportunities if the companies can survive and return to their previous stature before the outbreak. Banks, oil, retail and restaurant chains are a few which could show some significant rises for long term traders.
So, after my failed Crypto experience I was left with a grand total of $900 to trade with and we wasted no time in getting started. Throughout week 1 we made a number of trades in American finance giants Wells Fargo, Greencore, BT, Shell and a few more and sold up at small profits on most. At close of markets on Friday we are currently sitting at $972.28, which isn’t huge but definitely a step in the right direction. We have also only been trading with about $400 of the pot for now, which equates to a weekly profit of around 18%
The clever part of this was that ‘The Accountant’ predicted a drop in the markets on Wednesday, so no trades were made towards the end of the week. It’s a vital tool, to have someone on board who has the capabilities of reading the markets and acting accordingly.
For the week ahead we have decided to be a little more bold with out trades and we have a corker lined up for Monday morning, which we are expecting a sharp rise and hopefully around a 20% increase on for a monthly trade. Our FREE group is buzzing at the moment and we have a variety of experienced and new traders all sharing their insights and some valuable information is being passed on.
Our group is free of charge and if you are looking at getting involved in trading, then it is a great opportunity to learn from some real life traders. We help all the way from signing up, to making your first trades. Our copy accont is also becoming popular which means you don’t really have to do anything but make an investment. each time we make a trade you will make the same percentage investment and we all win together.
Check out our social media pages and drop us a private message to get involved. We will update this next week in what looks like a very exciting week ahead for trading.
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