My First Trade

A lot of people have different big “firsts” in their lives: first kiss, first relationship, first time driving. My biggest “first” was my first trade. It was in some pharmaceutical company; it is also the crappiest trade I’ve ever made. I was so anxious to put on my first trade, that I bought the first stock I saw whose ticker scrolled across the bottom of CNBC. I logged onto my trading platform, typed in the symbol, and confidently pressed the ”buy” button, not even knowing how many shares I just bought. I spent half, yes half, of my one thousand dollar account to buy what could appropriately be described as “dog shit”. But I didn’t care. I was overwhelmed with joy; my very first trade. What’s next? After placing the trade, I just sat at my desk, and started daydreaming of being the teen sensation that turned a thousand dollars into 2.7 million (the exactness of the number makes my dream feel real). I was on cloud nine, until the next day, crashed back down to reality. As it turns out, the stock I bought filed for bankruptcy the very next day. The stock tanked. All that ran through my mind was, “Shit, shit, shit, shit, shit”. When I finally gained my composure, I sold shares; three hundred dollars, gone.