YOUTUBE How i lost $100k trading Stocks and what I learned AdminAugust 24, 2023032 views This is the first time I’m sharing this story, of how I lost 100k by trading stocks. Not day trading that’s different. How i lost $100k trading Stocks and what I learned How I lost all this money Short answer: I broke my two rules when it came to investing Rule 1: invest based on facts, not emotion ( including people going crazy at a stock because everyone is going crazy at a stock) Rule 2: Have an exit strategy (the hardest thing to follow) (the main idea was) 15% profit or 15% loss and you’re out Tip: Believe it or not, its easier to get out when your winning, than when your losing. ( FOMO is stronger in that negative way) The long answer: The start: Beg: College and the Fake portfolio, we all had to do it. ( but the only problem was that money was fake and not real) So I wanted to up the ante, so I wanted to put my real money in the market. Climax: So like any normal 18 years old, I took download every audiobook, article, and video that I could about investing. Example: The intelligent investors Intrinsic formulas MIT had a free math course on youtube at the time ( I did everything ) Ending: After getting all the info, I decided it was time. And I made an Etrade account and translated my formulas into excel. What I bought: Beg: You probably think, I lost money on all my investments, the answer is no. I actually made money on 75% of my selection ( but now enough to offset the lost) Climax: At this time I had 5 to 10k and I bought 5 different stocks. I bought: 30 shares of Walmart at $58.56 and sold at $71.80 = Profit $397.2 ( If I held till today at 115, I would have made $1,719 bucks ) 67 shares of Etsy at $9.09 and sold it at $14.30 = $349 Profit ( held today at $47.96, I would make $2,604 profit) 32 shares CXW at 29.92 and sold it at $33.68 and made: $120 bucks ( If held I would have lost half of my profit, I sold because the pollical climate was changing and I was right ) Bought 50 shares ZFGN at 11.27 and sold at 15 for a = $169 profit If I held: I would lose almost all the money ( worth less than $2 today) Total profits: $1,035 Climax: but then I bought Go pro: my formula gave it a valuation of 10-15 dollars max, but I said I don’t care. So I bought 50 shares of Gopro at $30.30 = $1,515 Its worth $-1,312 an 86% lost. Why not sell it: I will for the tax benefit, but for now it’s a reminder. Ending: but I do have good news. What I learned: 1. Short answer: Follow your rules because 1 bad egg can ruin the entire basket If I sold go pro at 15% lost, I would have still been positive by $800 bucks How I Changed: Beg: today that original 7k that I had back then is now worth 90k, because I started a business with that money, and flipped for a little over 5 years. ( that’s a 12x profit ) Climax: if I had cut my loose on go pro I would have had 1300 bucks at 12x growth would be $15,600, which would make the business worth over 100k Ending: and that’s how I lost 100k or $200 bucks net Final Tip: follow the riles not the hype Silver lining: my long investing account is worth $9,250 bucks with a 10.13% gain and 100% diversified. I use acorn link down below and I’ll keep you guys updated * PRO TIP* INFORMATION IS EVERYTHING ????Merch???? https://teespring.com/stores/tommybryson ✅2 FREE AUDIOBOOKS✅ https://amzn.to/2Enayo8¬¬¬ ????ACORN FREE $5???? Link: https://acorns.com/invite/38EYSU ⚡FREE KINDLE UNLIMITED⚡ (traditional reading) Link: https://amzn.to/2VGbxt9 ????????????DISCORD PRIVATE GROUP???????????? https://discord.gg/EcZEHpA My Camera Gear: https://amazon.com/shop/tommybryson ✔ Help Us Reach 50,000 Subscribers: https://goo.gl/0wvm6w Social Media~ Facebook: https://www.facebook.com/tommybryson.yt Twitter: https://twitter.com/TommyBrysonVlog Instagram: https://www.instagram.com/tommybryson Snapchat: tommy28fly source