My first experiences in trading at Lech: An insight into my learning experiences and challenges

Background knowledge and two strategies

The day began with an intensive introduction to day trading. Lech gave me a solid theoretical foundation and explained complex concepts in a way that made them easy for me to understand. I learned a lot about market analysis, risk management and technical indicators - all essential aspects for successful trading.

After this comprehensive introduction, I was able to try out two strategies that were specifically designed for day traders:

1. Trend following strategy: This strategy focuses on identifying and exploiting existing market trends. It involves trading in the direction of the trend and using short-term fluctuations for entry and exit.

2. Counter-trend strategy: In contrast to the trend-following strategy, this strategy aims to identify turning points in the market and profit from them. It involves trading against the current trend, which can bring greater profits but is also riskier.

I have tested both strategies extensively and found that they each have their own advantages and disadvantages. I particularly liked the dynamism and the quick decision-making required that both approaches bring with them.

First successes

After about three hours of intensive trading, I was able to achieve a turnover of 54 euros, which made me very happy. It is a wonderful feeling to see the first fruits of your labor and to know that the strategies you have learned actually work.

The enthusiasm for trading

I have to say that I really enjoyed trading. The challenge of analyzing the market and making strategic decisions grabbed me immediately. It feels like solving a complex puzzle where you have to take into account not only current market movements but also future developments.

The journey continues

Next week I will continue my learning at Lech. Until then I will try to implement what I have learned and continue to refine my skills. I am very excited to see how my knowledge and skills will develop and look forward to the challenges ahead.

Trading has turned out to be an incredibly exciting and rewarding activity for me. With Lech as a mentor and my first practical experiences, I feel well prepared for the next steps.

Stay tuned, I will keep you updated on my journey into the world of trading!