I started trading in April during the lockdowns. Just through dumb luck and listening to the veterans on this board I exploded my first month doing about +15% . I thought "damn, this is easy, I'll be a billionaire soon enough" then had a break even June, and a very rough September (as did many others). Big losses.. But every other month I was doing about +3% . November however I was back at +23% (big thanks to $ALPP).
My big take away from my first 8 months of trading are:
-Listen to veterans who know the market, don't be afraid to ask questions most (if not all) the vets here are very very helpful and dumb things down if needed
-Recognize accumulation levels. Even though I'm new to the market still I feel like I've gotten really good at this. Recognize and accumulate and wait for that pop because that pop can pay off in a big big way.
-Learn calls. Its not hard at all. If I can do it, anyone can. You don't need to learn all the other stuff that goes with options just yet but if you can recognize when to pull triggers on calls I think someone who knows what they are doing can do +5-7% a week just on calls. Maybe even more if they get a little lucky.
-Buy dips , buy dips, buy dips. Its kinda cliche but it works. You wont be the guy making money if you're running scared like everyone else. I'm not saying buy dips in questionable companies, I'm saying buy dips in long term companies you know aren't going to go bankrupt and are bound to rebound at some point.