Name: デイトレード株で35万ドルを失った経緯とそこから学んだこと (How I lost $350K daytrading stocks and what I learned from it.)
Uploaded: 2021-01-14T10:17:46.000Z
Duration: 13 min 2 s
Description: VoiceTubeの動画で発音を聞きながら英語表現を覚えよう！学べる英語：

Hey Tech lead here and welcome to another episode today.

未来進行形

We're going to be talking about how I lost $350,000 and it was actually even more than that and what that felt like this coffee time.

程度の副詞

Now this is a story that I've never shared until now, not because it's so deeply personal and painful, but really, because there's just never been any good opportunities at dinner time where I could just come up and say, Hey, guys, I lost $350,000.

You know, it's just not good dinner table conversation material.

One of the worst things about this loss, I would say, is that there's not much to learn from it.

It was through stocks Day trading, and it's not like a fire to build a business with a bunch of money in tow.

Have a bunch of learning is that business fails.

I lose a bunch of money, but still I come out of that with a bunch of good lessons.

Some things I could write on my resume, some nice stories.

No, this was essentially skilled this right?

Read a bunch of news, tried to figure out what was going on.

This was especially painful to me because I had spent actually, like, a year trying to get good at day trading.

I have learned all about technical analysis.

I have been reading up on news, staying up to date with the Economist region that every week, and yet I still manage to lose so much money that it just made me wonder, like, What am I even doing here?

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I could spend the whole month stressing out over stock's checking every single price move reading other news, making a ton of different trades.

Or I could spend the whole month on the long term buy and hold strategy, and there's no telling which method is going to really come out ahead.

So I kept this story short, but what happened was I have bought a bunch of commodities.

I have awesome R J I R J a g p a d B c some precious metals like Goethe Silver, these air mostly stocks that represent underlying commodities and commodities are like agriculture, grain, rice, corn based raw materials, industrial metals, copper, things like that.

And the reason I have bought a lot of this stuff was because commodities have had the good run up in the first half of 2014 and also because I felt that the dollar was weak and I just thought it was good diversification.

And I thought commodities were relatively stable, perhaps because they represented Rio physical materials underneath.

But what happened was that in the later half of 2014 commodities dropped 40% and this was known as a commodity price shock of 2014.

If you look at that, people don't really know what happened.

According to Wikipedia, the commodity pressure cannot be attributed to any single factor or define the event.

It was caused by host of industry specific macro economic and financial factors which came together to cause this huge simultaneous large drop.

And so this by other news as reading the technical analysis that I was doing messing around with bowling drip pans, simple moving averages, Fibonacci lines.

And I just lost my shirt in that whole game and there would be days I would be losing 2030 $40,000 in the day.

And meanwhile, my job was paying me like, a few 100 bucks that day.

And I think it was that around that time that I had been quitting a lot of my jobs because I just didn't see the meaning of that.

And I really wanted to get more focused on day trading because I felt that that had more financial impact.

But for me, despite how much I tried, I don't know if any of my efforts and stocks really had any impact, right.

Some of it could have just been imaginary.

Maybe I was making money just because I was lucky sometimes.

But I think I can attribute my losses to a few factors and these may be good takeaways.

I had been new to the game and I felt a little overconfident and I was starting to make money right off the bat and I thought that this whole thing could continue, but you can only be lucky for so long.

So during this time I would do a lot of leveraged investing where I would take out loans from the brokerage at the lower interest rate.

And then I would invest in the stock market, believing that I could beat the interest rate, at least, and for a while, this actually worked out okay.

Most people, they'll go buy a house that's like 30 ex leverage.

And so I felt that if I was going to invest into the markets, I need to do also have some leverage so that I could keep pace with all the other people who may be buying homes.

And you can see that based on this chart, you know, after I have had a good run up, it just started dropping, and they would just drop every single day and go down in them, and I kept believing that maybe it would go up and there wasn't a steep drop.

It was just a gradual decline, the type that really catches you by surprise over a long period of time and you just keep thinking Well, maybe it's going to go up.

Maybe it's just gonna go up starting now, maybe next week.

After that, you can see that it just went down all the way.

40% drop and it just kind of hover down there.

You know, I think that one problem for me was that I had also thought I was pretty clever.

I started reading this site called Zero Hedge Witches, popular among traders.

But it's also very biased in the news, right.

They would have all this doom and gloom sort of news where they would say that you and the US dollar is gonna tank.

You have to buy commodities, you have to diversify your assets, go the and silver.

They're going to go up and actually believe some of this stuff.

Every now and then, you would find that some of the advice came in useful.

I was so confident because I was only reading the news that I wanted to read.

After this whole experience, I actually started putting more mainstream news like Yahoo finance onto the book much that I would check just because I wanted some more balance.

By the end of the year, I logged in and came to the hard conclusion to just cut my losses.

You know, I didn't believe in commodities or go there anymore.

At that point, I had seen that the SNP stocks were all going up, or at least neutral, and I felt that I had been jaded and brainwashed by the new sites that have been reading these days.

You also see the high frequency trading accounts for like 90% or more of daily stock trades.

You know you're not trading against normal people anymore.

You're trading against robots and without realized in my trading was that as soon as the news hit, like CNN from Page or a market watch front page, it's already old news.

By then, other trades have already been done by the robots, who are trading at milliseconds of news simply using machine learning algorithms.

No one's actually reading any of the news anymore, right?

We're just simply because normal people like you and me, we're trying to read the news.

We're trying to read that to try to understand what direction.

The stock's going to move, but machines aren't actually reading it.

And yet they're making 90% of the daily trades.

Also realize that as an individual I would be trading up against ho teams of people over at like, say, Goldman Sachs, who are all focused on, say, the oil industry, or all focused on tech or commodities or precious metals or whatever.

And they're sharing information and reports with each other.

Nobody's telling me if there's a macro economic move or if there's some other news on the other side of the world that may be affecting my trading commodities.

It's just way too much news for a single person to keep up on.

So for me, one of my big takeaways from that experience where I lost a lot of money was it doesn't matter if you're right, you know, maybe you read a bunch of news.

Maybe you'll get a hot tip and yeah, maybe you're going to make some money there.

What is your system for limiting your losses?