Teen Stock Trader

Most teens these days are having difficulties finding jobs, those that can find entry level work might start off at fast food chains or grocery stores, working long hours on weekends or after school. My path is different. Yes I worked long hours and yes I worked after school and on the weekends. In fact, my days usually start at 6:30 am, but not to make donuts. My morning begins with a review of the latest news within the Stock market and a plan to select which companies I may want to invest in my passion is trading stocks and here is my story.

For two years now, I've had an unwavering passion for the world of finance and the Stock Market, and I'm not in my thirties or even twentys. I'm sixteen and for those who think teenagers can't buy and sell stocks think again. It all started in 2018 when I was fourteen years old. At that time my father was interested in stock trading when the cannabis sector was popular, and one day he asked me if I would like to learn for myself. He introduced me to the fundamentals of stock trading and the concept of buying and selling stocks through online trading platforms. There was a lot to learn and I spent months understanding what stocks to look for, when to buy and when to sell.

To be sure, you can make a lot of money in the stock market, and it's equally true that, "your losses can be substantial" as the disclaimer notes when you enter the online trading platforms. What I found fascinating about investing in the Stock Market is that the amount of money that could be earned would solely rely on my abilities as an investor. My startup money which totaled $200 dollars, quickly launched me into my investing career. I found interest in my first cannabis stock called Cronos cannabis(CRON). I sold the stock and made 30 dollars! It was a great feeling and one I will never forget.

My ambition to become successful led me to reading books on finance and investing. I stayed up nights to learn about bounce plays, RSI indicators, VWAPs, the MACD, stop losses and more. The focus was on being a daytrader, which generally means holding a stock for a very short amount of time. This type of trading can be very volatile, wins and losses occur at a moments notice. Fast forward a year later and my hard work is finally paying off, I can buy a stock and 5 minutes later come out with $5,000 profit. So far i've traded over $137,000 since I first started.

While no stock trade is a guaranteed success, I've learned much in the last few years. I've learned to appreciate the value of money. That is to say, every dollar earned is a dollar fought for. Of course not every trade is a winner and losses are occasionally inevitable. Some key takeaways of becoming a successful trader are managing stress, patience, and maintaining focus. My ultimate goal is to one day start an investment firm that becomes known globally. Yet for these early stages of my career, I want to inspire younger teens and adults to realize that they can accomplish any dream of theirs they if they keep going at it. Next year I plan to start helping students in my school, teaching them about finance and investing.