i'm Austrian, resident in Switzerland.
2006 founded my own ltd, Electric installations
2008 came to exchange with first earned money out of my Company, 20k, just Needed to pick up several stocks right after the crash back then. doubled money after one year. had rly no clue about stocks and exchanges, but the moment of crash was just fine to enter as newbie.
came across of biotechs, had no clue, bought HGSI one day before FDA approval, didnt know they have approval day.. woke up and had 32k in account, bought for 6k the day before. was just excited. i sold in this day. next day they made another 100% lol.. coming days there was a Buyout..
so i started to focus biotechs, readed books about as well. had big gains and also big losses. changed my tactics, bought 3-4 months before approvals and sold most into run up before approval day. At this time my account was around 200k
came across of OTC stocks.. had no clue about those pump/dumps.. had good hand there, picked several trips which went to +- pennyland. guess what? i marryed them and believed them… didnt realize gains. all melted away. burned around 80k during this time.
read the book from Markus Miller, Hotstocks Inside. (sure i readed other books about stocks/charting too) that was a great lesson to me. learned to sell and that everything at OTC is shit....but as we know, shit can run..
u have to know, here in switzerland, OTC's are nearly unknown and with switzerland brokers its difficult to trade the OTC'S, they had stupid regulations about trade those stocks, most stocks where blocked to trade, around 2010 it was near impossibel to trade OTC stocks anymore. so i moved on..
also never found a broker in switzerland to short sell… so i only could go long all the time. it was ok, cuz i worked many years 70hrs a week for my Electric Company, and did only "byside" stock trading and my startups..
had some good years.. bad as well.. went up to 250k came down to 80k up to 160k.. up and downs..
2010, tried to make a start up for beverages, had a General import License of a austrian product.. but.. swiss ppl didnt like this Kind of drink… only famous in Germany and Austria (neighboring countrys of switzerland)...lol.. so it was waste of time and cost me about 15k, my time not counted in...
came across MJ stocks back in 2013 invested 80% of my account into several pot stocks.. over the coming years, acc. grew up to near 700k! guess what? didnt sold in spring 2018 as the bubble exploded.. Held all the way down... ok some i sold in time, but most not.. i just cut it before 2/3 months… my accounts are added up about 100k right now… what a fcking pain, have screenshots of my 700k account...
2015/16 i prepared next start up, they legalized MJ in switzerland, with a max of 1% THC, CBD not restricted. i went thru all the planing, prepared the construction, had the lease of property on the table, Branding, everything done. only needed to push the button. it was indoor on 1500 square meters planned, with annual output of minimum 1600kg.(phase 1, for a phase2 i could have doubled up the space). had deal with England based seedmaker, very special high cbd. on a exclusivity base..had in Forefront, deals for about 400kg to ship directly, rest would have been marketed direct and thru MJ stores which poped up across the country.
as it came to final decision, i passed the execution. cuz, in that year about 250 new growers registered in switzerland. lost about another 20k in this preparings, my time not counted in. when i look back, im glad i didnt made it, i would had to take Costs about 500k, no chance for loans/credits from banksters..it would have meant i have to go all in, all my savings/rent..
over all those years i earned much expirience in stocks.. but never ever came on the idea of Daytrading.. now, right now, i close/sell my Electric Company by year end 2019..so i Need now a other income… i came across Mr. Sykes...his free Videos/interviews motivated me. decided to go full on, study/learn.. and want to get my future income out of day trading! i'm glad that i have many years XP in stocks, so not everything is complete new to me. Anyway i am now in a big unknown, cold water…i have to create it. NOW.
thats about me, first step to my transperacy.. pls Keep in mind, my english may not be perfect. only had one year english in scool. i learned for myself over the years. thru gaming and reading tons of things related to sec filings, stocks, foreign Websites, english books.. as soon in 2020 i will connect my brokers to profit.ly
i wish everybody the best, health and good trades! may your wishes come thru!
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