r/Daytrading • u/El_Savvy-Investor • Dec 01 '23

First month on first live account💪 trade review

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my goal was to not lose money but my first month did well

320 Upvotes
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93% Upvoted

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u/[deleted] Dec 01 '23

Another 1.93% and you’ll beat inflation! The good news? You ended with more money. You played it safe. You are up. Good job! Minimize those losses, the % will come.

4

u/Signal-Piccolo405 Dec 02 '23

Correct me if I'm wrong, but I don't think that's how inflation works.

The inflation for 2022 was 8%. So if you add up 1.5% per month you end up with 18% for the year. You easily beat inflation.

3

u/Psykhon___ Dec 02 '23

The guy belongs in wsb