How I Lost $800 Day Trading | Ricky Gutierrez

TL;DR

Ricky shares his day trading results and announces the acceptance of his offer on a new house.

Transcript

what is going on everyone it's Ricky the type of solutions hope that you guys are all having an amazing day today it is August 1st the 1st of August actually just realized that and it is red I have something to say though I thought I was down much more than I was I was doing my thumbnail because I was down $800 did you guys see that pullback that F... Read More

Key Insights

• 🌸 Ricky experienced a loss in his day trading, but was able to recover most of the losses.
• ™️ He discusses specific trades on ARQL and Facebook, providing insights into his strategies and decisions.
• 👶 Ricky shares his plans for a new house, highlighting the importance of surrounding himself with motivated individuals.
• 🏮 He encourages beginners to start with paper trading and find a community of support.
• 🙃 Ricky expresses his excitement about future opportunities and upcoming events, such as an influencer party and potential meet-ups.
• ❓ He emphasizes the importance of following one's passion and staying dedicated to achieving success.
• 🥡 Ricky acknowledges his mistakes in trading and takes ownership of them, emphasizing the learning process.

Questions & Answers

Q: What were Ricky's day trading results?

Ricky started the day down $800, but was able to recover most of the losses while trading Facebook and ARQL.

Q: Which trades did Ricky discuss in his recap?

Ricky talked about his trades on ARQL and Facebook, sharing his strategies and current positions.

Q: What was the outcome of Ricky's offer on a new house?

Ricky's offer on a new house was accepted, and he expresses his excitement about the property and future plans for it.

Q: What advice does Ricky give to beginners in trading?

Ricky suggests starting with paper trading to avoid risking real money and learning from mistakes. He also encourages finding a community of like-minded individuals for support and motivation.

Summary & Key Takeaways

• Ricky was initially down $800 while day trading Facebook and ARQL, but was able to recover most of the losses.

• He discusses his trades on ARQL and Facebook, explaining his strategy and current positions.

• Ricky shares that his offer on a new house has been accepted, highlighting his excitement and plans for the property.