Hey everyone,
Sorry for such a delayed update on matters, unfortunately I have come to quite a rocky start in my journey of stocks. I have found myself now changing to a new broker site now which does not have a mobile site, which stops me spending practically every moment of my wakeful state checking my transactions. Also I have narrowed down plan to being a Day Trader, maybe now and then putting in a long investment but as a general rule of thumb is to jump in on mini drops all through the day, instead of long term investments, leaving no transactions over night.
As for that rocky start I made a few little bits here and there but one of my biggest mistakes was miss-judging the gold prices, mixed in with a lot of losses and in the last few days quite a big loss on the FTSE100. I certainly can I am still learning but I can no doubt see myself improving. What has really stood out to me though is the stress of trading, specially when losing money, but all round though it is fun, specially now I'm start to lay rules on how much of the day I spend doing certain things, such as trading, tracking the news and research.
On a lighter note though, Oil has really come to my attention and I'm really starting to think it might be a good idea to start laying plans for a more long-term investment on the commodity. Other than that I'm keeping a close eye on what is happening with the economy in China as with so much export coming out of there it would not surprise me if it almost brought the world economy to a stand still, but that just my opinion, and certainly there is no £100 bet going on there.
Anyway, it's the end of night for me and I want to get my head down, but next post will not be so far away and nor so boring.
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