As 2024 draws to a close, I wanted to recap 2023’s results, so that when I close off the trading books for 2024, I can easily and quickly have a YoY comparison.
I restarted my trading journey in July 2023, with a funding deposit of $4,000.
In those 6 months, I made a total of 53 trades across 13 stock names. These include Netflix, Amazon, Tripadvisor, Walt Disney, Adobe, Tesla, Meta etc.
The start of 2023 also marked the end of the Bitcoin bear market, and a gradual bull phase for Bitcoin all throughout 2023. As a result of this, I also made a pivot toward more frequent trading of RIOT, a bitcoing mining firm, as evidenced by the 22 trades made.
As you can see, out of the 13 stocks I traded in 2023, 2 of them brought in the largest bulk of the profit.
Thus far, I’ve stuck to a very similar strategy in 2024, riding the Bitcoin wave and concentrating the bulk of my trades to crypto related companies such as Riot and Coinbase.
I’m currently using CMC Markets as my go-to platform to trade CFDs, and here’s a little guide to what are CFDs.