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/biz/ - Business & Finance

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>> No.970908 [View]
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970908

>>970067

I started trading 5 years ago at 18. I saved $5k from my manual labor job and funded my account. I churned that account and lost most of the money over a long period of time. In college, I studied finance and read maybe 50 - 100 books on finance and investing. I know I read mostly all the finance books at 2 libraries. I continued trading and began improving. I graduated college with a 3.9GPA and got an investment banking internship doing M&A. I continued to trade the whole time. I left the internship after 6 months for an IB gig as an investment analyst at a MM IB. They did not let me trade while I worked there for liability reasons. I saved my money and eventually got over the $25k pattern day trader threshold. I left that job for a non-finance related job that lets me trade. Once I got over the $25k threshold, It become so much easier to make money. But, I did learn a lot when I was trading small scale. I'm 23 years old now with a $50k balance and trying to get rich still. I was just approved for options trading 2 weeks ago after trying and being rejected for years.

By the way, I made some money today on options which felt great. I did one trade with just $1,600 and made like 20%. pic related. There is so much money to be made with options it's ridiculous.

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