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Dexter177

Looking to meet traders

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Hello everyone,

I am from London and trade on the NYSE I started out trading small caps but now have moved to trading mid cap stocks. I just started trading this year due to the pandemic to get some extra income. Where abouts is everyone from and how long have you all been trading?

Dexter

 

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@Dexter177 Thanks for kicking this off! Been meaning to get round to it but have been super busy! I am also from London area and started this year. 

I've had some bad experience with mid cap stocks (more-so towards the smaller end), so i try to stick to larger mid caps, and large caps with values of $10+. 

Not yet live, been in the sim for a good four months, and in no rush to move live as would like to meet a few personal criteria before then. In an ideal world, I would be live come Feb time, but we'll see how it goes! 

Krooto

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No problem, thanks for creating this group. Yeah I had the same problem with small caps, too volatile for me at the moment. I am mostly trading in sim as well with a few live trades here and there. How long have you been studying? I about 7 months in now.

Dexter

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Hey guys! I am Cristhian, I work and live in London, just got started on my trading career, I read Andrews's book "How to day trade for a living" witch I loved and really got me exited about learning all about day trading. Its comforting to know that there are other traders in the UK, for a moment I even wondered if it was possible, as I don't know yet how easy is the process to activate your trading account with a broker from here, how to deal with taxes, etc... 

I would be happy to have a meet up in central London once this pandemic and the restrictions are over here.

Cristhian Arce 

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Hey Cristhian,

 

Nice to meet you and good luck on your day trading journey! Sorry for the late reply, I've had a very busy past few weeks so haven't been on here as much as I would've liked. 

Welcome to our group, and I'm sure that once this pandemic is over, we will all be itching to get out and have a meetup!

Krooto

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Hey @naptof330, I emailed them and called them a couple times, and unfortunately didn't hear a single word from them. For me, this caused alarm bells to ring and so I decided that I would steer clear of them, as there is nothing worse than a service that is ill provided, particularly when there could be severe repercussions. My experience might be isolated and as such, perhaps try them for yourself and see what happens.

In the end, I stayed with my current accountant and asked them to do the research for me. My accountant is just a small (2 branches, I think), midlands based accountancy firm that deal with small/average local businesses and self-employed people, so nothing special.  They charged me somewhere around £500 (I can't remember the exact figure), and they contacted a 'specialist' to advise them on my situation. All it boiled down to really was just filling out the US tax form correctly and having it checked by someone in the know.

As always though, please do your own research!

Hope that helps 🙂

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Hey krooto -- thanks for the update . Good to know

I have reached out these guys in the US; they are focused on traders: https://greentradertax.com/ . I went down this root becuase my Bristol based accountant wasnt  and they were ensisted I should talk with a US accountant.

 

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Hi everyone,

I'm a bit late to the party but I've only recently begun trying to meet other traders.

My names Andrew and I'm an economics undergraduate working and living in London, and I've been trading on the DAS simulator for the past 4 months and watching the chat room for about 6, after naively trying to make it big on etoro, and then reading Andrew's book and realising that I really needed to devote myself to getting an education on day trading before I lost all my money.

I've almost exclusively been trading and trying to master the ABCD pattern on the simulator on mid cap NYSE stocks ($10+) in the first 90mins of trading hours, but I've been having mixed results. I've also been logging my trades to keep track of my progress and try to identify whats working and what I could be doing better. I was wondering if perhaps there was a group chat I could join, or anyone looking for a trading buddy to share advice on trades with. Also since it's been a while since this topic was made, I'd be interested to hear how all your trading has been going for the past 6 months.

Andrew

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