I have been trading stocks and crypto for a while, but focused more in 2021. Recently I did my taxes for 2021 and learned I profited over $10000 on trading. To me this was a huge deal. Let me share why with those that are wondering.
I am a single mom on a tight budget, and up till 2020 I had never made over $45000 in a year. So the money I am investing is only small amounts. The most my portfolio held at one time was roughly $10000. I made the profit off of short term trading on a few stocks. No huge investments, generally at most I would do $100 at a time. I have certain investments. I hold for the dividends or for long term. The trading has only been small amounts.
What I have learned is that someone with little knowledge can take time to learn the process. There are so many different trading options available to use. I personally use Webull for most of my every day trading. Then I use Stash for my long term investments. Both are fairly user friendly platforms, and I have advanced in using both by learning.
What I am trying to explain to everyone interested is that you can learn to trade stocks or crypto. Begin my learning about stocks you would be interested in trading. Start small with only a couple of stocks. Then once you learn more you can invest more. It does take time, and their is a chance for loss, but you can learn to trade.
*This post does include referral links
