I like finance and learning about it, used to write about this topic here as well. I was thinking about getting back into the topic when I stumbled upon substack. Which is a platform for writers. I thought I might try this out and start a little experiment.
My real long term investment plan is really simple, buy an index fund and hold it. The main goal for my investment is to work on my pension. Long term boring stuff, which to my mind is a good thing.
On the other hand, a more active approach can ben fun as well, and very hard to do. As well as the fact most people with an active approach lose money or underperform a simple index fund.
But I am going to test this myself with paper short term (day)trading. And to give Substack a go I set it up there.
Researching the topic of day trading this reddit came up, and made a lot of sense. So I took this as a starting point for my own adventures.
Keep in mind that nothing on here or on my Substack should be taken as investment advice, please do your own research and due diligence, or consult a professional.
With this warning out of the way, I will outline the idea. The credit card hedgefund is an experiment to see if I can make a profit while actively trading my portfolio. The name comes from the budget I set myself to start out with, my credit card limit of € 3500.
It’s all done on paper, no real trades or real money is at stake. I might do that later on or try other strategies but time will tell.
I need to trade 3 months and make 100 trades and be profitable. There are some more specifications, but read all about it on my Substack.
