Lessons learned from day trading in college — Forever Hobbyist

Back in college, I had a finance stock class that used marketwatch’s stock simulator. We each started out with $50,000 fake money and it was part of your grade in a class of 100 students to see how well you could make money throughout the semester. Obviously, this invited a more day trading approach than a simple buy and hold strategy since you only had a semester long class. At this time, to date myself a little bit, Facebook IPO had just launched and the price was swinging crazily on the market. You could literally see the price ping ponging up…