Stock Trading

After more than 20 years on hiatus, I started trading again yesterday. I didn’t have much cash in my account; therefore, I wanted to invest in penny stocks. My wife told me to buy Tevogen (TVGN) and I did. We could have made 100% today, but I wanted to keep it for the long term. If I were to lose, it’s not that much.

I got into trading right after I graduated from college. I couldn’t find a job and day trading seemed like an easy way to make some quick money. I opened a account with the small saving that I had. As a day trader, I made from $50 to $200 a day, which were enough for me. One morning, I lost over $3,000 because I didn’t sell what I had.

When I landed a full-time job, I stopped trading. I hardly checked my account. My account was with Scottrade. TD Ameritrade acquired Scottrade a few years ago and now merged into Charles Schwab.

I had learned an invaluable lesson in day trading; therefore, I am being really careful about our investment. I am willing to lose an amount that I won’t regret. Obviously I won’t get rich either.

My wife was following NuZee (NUZE) and it is over 800% today. How crazy is that? We missed the boat this morning. Oh well! She is a smart woman so I will follow her.