Hello everyone, I am a day trader, equity investor and the proud founder of @thefinanciallysavvy, an Instagram page dedicated to enriching lives worldwide by spreading and reinforcing financial education. Here’s the short story of how I turned my hobby into my passion.
My first encounter with the financial markets probably resembles yours. Have you ever randomly stumbled upon something and felt the need to know more about it? And the more you learned the more hooked you became? Well, this is exactly how my financial journey began: randomly, by accident; well, it probably was the best “accident” of my life. At the time, I had a lot of free time and was always looking for ways to distract myself, as boredom often engulfed my afternoons, eventually, I decided to invest some time into this discovery of mine and, finding this subject to be quite interesting, quickly made the decision to take up some online classes I bought.
After an entire year of learning, I finally decided to test the skills and knowledge I had acquired through my classes by buying in my first position in the financial market. I funded my first account with around $5,000, as this was going to be my first experience in the market. After a couple of weeks of trading, I started getting results, and upon further analysis, I quickly realized I wasn’t being consistent in my gains or losses. For instance: one week I was up 12%, and the following, down 9%. Those results didn’t please me, and it was by studying the statistics that I realized I had to apply the theories I learned through the courses to each separate market. Every trade taught me something new and I started learning from my mistakes (which I would write down in my trading journal). This phase, which I considered to be the second part of learning, taught me the most valuable lessons of all such as risk management, position-sizing, or even the psychology behind trading.
As I became more experienced, I created a trading schedule and made my strategy book. This turned out to be quite a lengthy but essential process, because with each new strategy came hours of analysis and backtesting to discover the potential and risks each one involved. This helped me tremendously as I saw my account growing exponentially day by day. These results helped boost my confidence as I gradually invested more and more money into this new “hobby” of mine that had become a passion at this point and was taking up most of my time: Today, I manage a fund of over $165,000.
But as they say, you can never stop learning, and I found that to be very true especially in the financial sector: the more you know, the more there is to know, and it is by applying this dogma to my daily life that I decided to start attending seminars, bought more courses and read books that helped me discover different perspectives of the world of finance.
To pass on what I have learned during the past few years, I created my Instagram page where I post daily useful tips, news and insights to help novice or experienced traders in their quest to dominate the markets.
I believe that investing in yourself is investing in your future, and with the right knowledge and tools, you can thrive anywhere. After arming myself with the necessary skills and confidence I am now taking my passion to the next level, hoping to one day, start my hedge fund and rival with Wall Street’s finest!
You can follow The Financially Savvy here
Written by The Financially Savvy
The information above should not be taken as financial advice. Youth Investment Group has no liability for personal financial interests or investment decisions. You should make your own investment decisions based upon your own research and what you believe is best for you.