I Lost $1,000 In The Stock Market

TL;DR

Day trader makes a simple mistake, loses over $1,000, and reflects on the past two weeks of successful trading.

Transcript

hey what you on team to Turkey with technical solutions and the day is here I talked about it to the learn plan profit group today was a little bit of a crazy day natural gas had a nice little push up did too overall like weather forecast and overall consolidation that we've been experiencing for natural gas since I went live in the morning I was d... Read More

Key Insights

• 🫢 Natural gas had a volatile day, resulting in the narrator staying away from trading it.
• 🚾 The narrator made a mistake in crude oil trading, losing over $1,000 and giving back their profits from the previous day.
• 🥳 They reflect on the importance of being selective and cautious in day trading.
• ❓ The narrator discusses a potential real estate opportunity that may not have a significant profit margin.
• 📽️ They share their idea of involving their little sister in the real estate project as a positive influence.
• 🫵 The narrator seeks opinions from viewers on whether the real estate opportunity is worth pursuing.
• 🫵 The narrator invites viewers to join their investing group on Facebook.

Questions & Answers

Q: What mistake did the narrator make in their day trading?

The narrator entered a position on De Aza, a crude oil stock, thinking it would reverse, but it quickly went against their prediction, resulting in losses of over $1,000.

Q: How has the narrator been performing in day trading recently?

The narrator has not had a single red day in the past two weeks, exceeding their daily profit goal and even making over $1,000 profit the day before.

Q: What opportunity in real estate is the narrator considering?

The narrator has been presented with an off-market listing for a house priced at $195,000, with an average value after repairs (ARV) of $250,000. They are unsure if it is worth pursuing.

Q: How does the narrator plan to involve their little sister in the real estate opportunity?

The narrator wants their little sister to assist in flipping the house, with the idea of being a positive influence. The sister will receive a percentage of the profit, while the narrator covers the costs.

Summary & Key Takeaways

• The narrator talks about their experience with natural gas and crude oil trading, initially staying away from natural gas but then making a wrong decision with crude oil, resulting in losses.

• They reflect on their two-week green streak of profitable days and losing all their profits in one day due to a simple mistake.

• The narrator discusses a potential real estate opportunity they have been presented with and seeks opinions on whether it is worth pursuing.