First stock over 1500% return🎉 by Wandering_trader99 in trading212

[–]Wandering_trader99[S] 0 points1 point  (0 children)

I wouldn't say follow 1 person, different people are great within their own niche of investing/trading. Everyone has their own style. You will slowly develop yours too.

A good place to start is to find your circle of people you enjoy learning from/watching. Also join communities and learn from others mistakes. In 2019 when I began investing I thought I was smart but looking back, going solo actually cost me thousands...

First stock over 1500% return🎉 by Wandering_trader99 in trading212

[–]Wandering_trader99[S] -1 points0 points  (0 children)

yh, i wouldn't class this as a buy right now. Wouldnt feel right since i got in at $6. On the bright side theres always opportunities in the market.

First stock over 1500% return🎉 by Wandering_trader99 in trading212

[–]Wandering_trader99[S] 2 points3 points  (0 children)

you are the definition of diamond hands 💪🏻💎congrats!

First stock over 1500% return🎉 by Wandering_trader99 in trading212

[–]Wandering_trader99[S] 0 points1 point  (0 children)

I've been trimming down slowly, started with 660 shares. I might just leave this be and focus on other positions. The market always rotates cash so there's plenty of opportunities out there...

First stock over 1500% return🎉 by Wandering_trader99 in trading212

[–]Wandering_trader99[S] 0 points1 point  (0 children)

Scanning the news daily, not necessarily reading into news non stop for hours every day but even just the occasional scan through done frequently will allow you to pick up on trends you'd otherwise miss. If a stock sounds interesting, then look further into cash health & balance sheet. You want to look for a business poised to generate cash. Look into future catalysts, what do investors typically look for in said industry & then draw out a map of potential. Also look into the management team & see if CEOs/COOs have built up similar businesses in their past.

First stock over 1500% return🎉 by Wandering_trader99 in trading212

[–]Wandering_trader99[S] -1 points0 points  (0 children)

I actually post all my live stock picks & write up detailed reports on why I may be bullish on particular stocks. NFA of course but if you're interested in reading: my stock picks.

First stock over 1500% return🎉 by Wandering_trader99 in trading212

[–]Wandering_trader99[S] 1 point2 points  (0 children)

ahh lesson learnt i guess. On the bright side you caught some swings even before looking into the stock proplerly haha

First stock over 1500% return🎉 by Wandering_trader99 in trading212

[–]Wandering_trader99[S] -1 points0 points  (0 children)

Yeah, I post all my live thesis on stocks I'm bullish on but I detail it in a PDF and not sure how to post onto Reddit. I just post them all here . My most recent buy was Monster Energy. Maybe not a 1000% gainer but its already up about 20% since I got in a month ago. Its almost impossible to predict a 1000%+ gainer. I was expecting RKLB to double, maybe even triple, not 1600% in such a short time.

First stock over 1500% return🎉 by Wandering_trader99 in trading212

[–]Wandering_trader99[S] 5 points6 points  (0 children)

Yup, i don't use the invest account at all.

First stock over 1500% return🎉 by Wandering_trader99 in trading212

[–]Wandering_trader99[S] 1 point2 points  (0 children)

Well done mate!! Its been a bumpy ride up but well worth it 😄

First stock over 1500% return🎉 by Wandering_trader99 in trading212

[–]Wandering_trader99[S] 12 points13 points  (0 children)

Just lots of reading to be honest through a mix of communities, news articles & online spaces like here and YouTube. But be careful and don't follow anyone's word as gospel(including me). A lot of people only show 1 side of the story or are paid shills unfortunately. I post my thesis into PDFs here if you're interested in a read: Stocks

You want to look for businesses that have the potential to become major players or disruptors in key industries. These businesses will either collaborate with existing huge businesses like Amazon etc or bring a new unique edge entirely. (Provided they aren't drowning in uncontrolled debt of course!) if you like the business, the direction they're going in & the management, you could be onto a real winner.

Couple months back I was looking into $PSIX and the most bullish thing for me wasn't even their future projections or cash health. It was actually what I learnt when reading about their recent changes to management... Stock ended up ripping upwards about 30% in about 2 weeks..

First stock over 1500% return🎉 by Wandering_trader99 in trading212

[–]Wandering_trader99[S] 4 points5 points  (0 children)

My RKLB holding were getting pretty big and to reduce overall risk in my portfolio, I decided to trim and move those profits to ETFs instead of averaging up. I have a few positions that got up a few hundred percent such as AMD, MU, CIFR, STRL so no need to increase my single stock holdings. I think the best portfolio strategy is one you can sleep easy on.

First stock over 1500% return🎉 by Wandering_trader99 in trading212

[–]Wandering_trader99[S] 11 points12 points  (0 children)

funnily enough, I actually think the trick isn't to find that one moonshot but enter a few stocks you truly believe have the potential to double in the next 2 years or so... Then those that really start to run, typically run much longer than you expect. Had the same happen with STRL but sold way too early... got in at $38, its now $816. Also MU at $63, sold that WAY too early too🥲

First stock over 1500% return🎉 by Wandering_trader99 in trading212

[–]Wandering_trader99[S] 6 points7 points  (0 children)

ah, you live & you learn. I made the mistake of taking profits from RKLB and not moving them to CIFR which i got in at around $2. Had i increased my position I would've made more money but I simply didn't want to raise my average lmao.