Is my beginner strategy ok?

I like to find charts with consistent ups and downs and reasonable size highs and lows and buy low then sell once they go higher and have 52 assets so far and plan on increasing this as i profit and save more money to as many as possible until it feels hard or not worth doing more at a time

Is this safe enough profit for a beginner? What % profit should i realistically expect within a year if i do ok?

Im expecting most of my investments to be profitable according to the charts history the only ones that are worrying me are the less than a handful risky small investments i made (like microstrategy :grimacing:) that are strange for me just to give them a try but i only started real life trading a few days ago

Thank you for reading :slight_smile:

I’ve no idea if it’s a good idea as a distinct lack of examples.

If in the U.K., make sure at least 95% of your investments are into an equity tracker like VWRP, HMWO or FWRG.

That way you are only risking 5% playing about making your own strategies.

People need to make their investment decisions, but my instinct (note: not advice) is that you’ll do this for a while then realise it doesn’t work and move your focus on to long term value investing.

I’ve invested fairly seriously for about 4 years. And on and off as a complete clown for 10 years prior. Any ‘system’ I’ve come up with and tried eventually fails. So it is mainly buffett type value investing for me from now on.

That said, I do have the odd swing trade (which is effectively what you are talking about) in there every now and then as a hedge if my main portfolio is going ‘too well’. BME.L currently, RIO.L in the past.

While I don’t personally want 95% in ETF as Dougal suggests, it is a good starting point. Keeps you invested in a proven system, while you scratch your itch with your own system.

1 Like