Hey everyone I am a young investor at aged 19 I have been investing in shares for only about 6 months with relatively good sucess ( about 20 % in 6 months) . I have educated myself heavily on candle stick charting, technical analysis as well as anything I can get my hands on.
I opened up a CFD account with CMC markets and today I had my first trade.
I managed to make $150 through using rougly $200 leveraged 95 % to buy $5000 worth of Paladin shares. I managed to pick a swing both ways. My intial entry was a short position then a long positions. The below graph is how i executed the trade.
I know using leverage is very dangerous and I am going to make sure I always use a stop loss and a guaranteed stop loss if going overnight on the position.
I just thought I woud share my first trade with everyone and get some feedback.