1D·

Money burned with leverage📉

A short confession from me: I'm 19 and this year I've burned around €500, which was actually intended for my MacBook (within 1 1/2 weeks), mainly through long and short positions ($ASML (+0.94%) short, $PHAG (-10.45%) short , and $MSFT (-0.24%) ) with aggressive leverage.

It was instructive, but also painful.

Conclusion for me: That's it for leveraged products for now. Too much emotion, too little experience and you end up paying the price. I realized that the quick in-and-out is not for me - at least not at my age and with my capital and little experience.

I've also learned something:

If you just buy what's on the forum, you have to expect exactly that.

Nobody here is responsible for my decisions, everyone is responsible for their own investments.

I'll file this away as an experience, learn from it and focus on calmer strategies in future (or nothing at all for the time being).

Perhaps this post will help one or two people who think that leverage is the fast track to success.

03.02

UBS

UBS AG. London Branch Warrant 2025-open end on Microsoft Rg

Sold x35 at €1.35

€47.25

79.85%

11 Comments

Sansebastian@Sansebastian

The problem is that you are trading without a strategy. This may not work when "investing", but it is mercilessly punished when trading.

•

Wiktor_06@Wiktor_06

@Sansebastian Sure. But if a lot of people get in and you enter 3 trades before earnings and all 3 don't work out, then it's just bad 😂

••

Sansebastian@Sansebastian

@Wiktor_06 screw other people 😉😂 it's your money! Nobody is telling you to do this, especially not without a plan. Find out about trading and start developing your own strategy. This has absolutely nothing to do with your age. Sit down and learn 🙂

•

Wiktor_06@Wiktor_06

@Sansebastian In April I'm going to get my MacBook anyway and start learning to trade (demo account).

•

Kate🦋@Iwamoto

Nobody dares to say it, but that's how many people feel here. 🤪
You can use other levers. For example, time leverage. Even with an ETF savings plan, you'll leave perhaps 99% of the people on the planet financially dependent.

•

Wiktor_06@Wiktor_06

@Iwamoto Thank you for your message. Yes, maybe that's the case.

••

Novius@Novius

At your age:

https://getqu.in/GSybnn/ https://getqu.in/GSybnn/

The experience hurts, but shouldn't put you off investing. Regularly, continuously, e.g. via savings plans and perhaps initially "only" in broad "public" funds

•

Olli@Olli68

Even if it hurts, be glad that you had this experience and I hope that you learn from it. The worst thing that can happen to you in the stock market is that you only have success at the beginning.

•

Andi@Andiiiii

Respect for your honesty and for sharing this here.
At least you've learned something from it.
2 tips from me:
- if you start investing at 19, you're already halfway there, because the interest rate will hit you hard.
- think about what you want to invest in 1 year. e.g. invest €1000 of which 90% is totally boring and conservative, gamble away the rest.
If it goes well, you have more play money. If you lose it, leave the risky stuff for a year.

This has helped me a lot to stay disciplined.

•

S.A.T.@SATNL

Buy undervalued dividend stocks and you automatically take profit.

••