Webull small account challenge: week one


Looks at current date….. Sooo uhhh yea, about that posting in a week thing.
In all honesty I wanted to start this after I sold all the free stocks that Webull offered. But while waiting I saw an opportunity and could not say no to it, more on that later. Plus I was really antsy to start this challenge anyways. Oh yea! Disclosure. I am not a financial adviser, nor is this blog any form of financial advise. Follow my picks at your own risk. Know that the stock market itself is risky and never invest money your not okay with losing. Blah blah blah.

I also need to be up front with a something about this challenge as well. Due to the nature of the small account I have to dig bottom of the barrel company’s or penny stocks sometimes since the account can’t afford even a single stock…

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So the Stock market has made quite a bit of headlines lately all centered around retail traders and around a handful of companies.

Well did you know since about September of 2020 I been learning and investing in the stock market as a type of hobby (that counts as new right?). It’s been a learning experience to say the least. So far my portfolio is up about 3% but this is only thanks to last weeks insanity. (Thanks Wallstreetbets!!)

Was talking to a friend about the recent week and he said something along the line of ‘no one makes money studying technical charts alone’. Yea…. Challenge accepted!!

So what I have done is opened a webull broker account. At the time they were offering 2 free stocks if you deposit $100 or more. Going to liquidate those and just using technicals trade on the open market.

So the challenge…

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