Started in my Corporate Finance Class
I am not a professional stock trader. I just started getting into the stock market when I took my MBA classes at the University of Redlands about 4 years ago where one of my subjects, Corporate Finance, our professor divided us into groups where each group were to paper trade stocks starting with an amount of $100,000 and all groups that get to a $1,000,000 investment portfolio were given an extra 0.5 to our final grade.
Early Successes – I was Just Lucky
Our group did reach the $1M mark and so did many of my classmate. It appeared easy then, so I thought, so that was the day I started signed up on Scottrade and started trading with an amount of $1,000. After a week, the portfolio value was $1,100. Shared the news with my wife who agreed I invest in more and added more funds to fill in a total of $3,000. Consistently enough, after a week, I made $3,300 as my total portfolio value in a week.
This gave me a false sense of how easy the stock market is, until it started going downhill. Most of my trades that did well were mostly based on recommendations from