This story starts around the time when tariff was such a scary word it was moving the market like 5-10% every time Trump would say it. I downloaded Robinhood as any young man thinking that these day trading discords would change my life would, and I got to work. Naturally, I got my ass kicked. Like day in day out I was just losing money. I turned 30k into about 28k.
Then something miraculous happened, the market began to pump. I thought I was just making genius trades trading SPY4x Leveraged stock though. I was making a small amount every day and I was happy. Then I got burnt out, I thought it wasn’t for me and just put all my money in my bank account. I then went to Navy bootcamp and the stock market was the least I was worried about.
Well it turns out the market was printing, I saw this in August and thought “no way this can keep going.” It proceeded to keep going.
I’m not even kidding I started investing on the lowest point the market was at for the whole year, I could of invested in literally anything and got my money back with a 30-40% gain. Instead I thought I was the wolf on Wall Street and tried to time the market and left the year almost perfectly even.
This showed me that this time around I’m just maxing out my Roth, putting it in VOO and some other low risk index’s, and forgetting about the money entirely. Never again will I try to beat the market.😔😔