NewsVideoClipNewsVideoClip
    Facebook Twitter Instagram
    Tuesday, August 9
    Facebook Twitter Instagram LinkedIn VKontakte
    NewsVideoClipNewsVideoClip
    • Home
    NewsVideoClipNewsVideoClip
    You are at:Home»Business»21-Year-Old Kiersten Crum Began Investing With $500, One Year Later She Has Five-Figure Portfolio, TikTok Stardom
    Business

    21-Year-Old Kiersten Crum Began Investing With $500, One Year Later She Has Five-Figure Portfolio, TikTok Stardom

    By NewsVideoClipJune 22, 2021Updated:June 23, 2021No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Twenty-one-year-old Kiersten Crum began investing in stocks in 2020 after the COVID pandemic shut down her school in Sunrise, Missouri. After starting off with $500, she has amassed a five-figure portfolio and has become a TikTok star among young investors, reports The New York Times:

    Ms. Crum, who calls herself the Stonk Queen [on TikTok], using the deliberate misspelling of “stock” that’s popular among online traders, has used the year to learn how the market works. “Any terms I didn’t understand I wrote down on a list,” she said. “I treated it as school.”

    …Every night, she meticulously compiles a list of the stocks she’s watching using different measures. One of them, an online tool called a volume scanner, filters out stocks that are being traded more or less than usual, which she believes can tip her off to a good bet. And she tries to mitigate her risk: Ms. Crum uses stop-loss orders, to sell a stock when it hits a certain price, and limit orders, which let investors set more specific instructions.

    Like many other young traders, she’s big on sharing what she learns — usually in TikTok videos to her 163,000 followers. Ms. Crum posted one about candlestick charts, which illustrate the price range of a holding on a particular day. In another, she explained how to use relative strength index, or R.S.I., which measures price changes over time and can indicate when a stock might be oversold or overbought. “I started out doing swing trades, an old reliable way to go about trading,” Ms. Crum said, adding that she’ll day-trade if she spots something that appears to be “an obvious winner.”

    Like other young investors, she is riding a wave that would not be possible without the widespread adoption of commission-free trading in late 2019, which threw open the doors to those without deep pockets.

    (Source: The New York Times, Stonk Queen/TikTok)

    culture fashion fitness leisure lifestyle
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleSenate Republicans Block Historic Voting Rights Bill, Won’t Even Allow Debate
    Next Article Florida State Trooper Tases Biracial Teen for Looking ‘Suspicious’ While Peacefully Waiting Outside His Girlfriend’s Home
    NewsVideoClip
    • Website

    Related Posts

    Yelp Pulls Down Legitimate Positive Reviews of Businesses, Then Tries to Sell Ads to Those Same Businesses

    July 16, 2021

    How PayPal Billionaire Peter Thiel Used Roth IRA to Avoid Paying Taxes on $5 Billion

    June 24, 2021

    Chairman of Joint Chiefs of Staff General Mark Milley Destroys Rep. Matt Gaetz and His Critical Race Theory Conspiracy

    June 23, 2021

    Leave A Reply Cancel Reply

    Recent Posts
    • Trump Fans Curse at People Outside Mar-a-Lago After FBI Raid
    • MAGA Fans Cheer Trump Golf Tournament for Saudi Royal Family — Funded 9/11 Attack, Ordered Journalist Murdered — Trump Defends Saudis Against 9/11 Families
    • ‘The View’ Hires Conspiracy Theorist, Ex-Trump Staffer Alyssa Farah Griffen — Frequent Guest Wanda Sykes Leaves Show in Protest
    • Houston Deputy Kills Unarmed Black Man Accused of Shoplifting Detergent
    • Tough-Talking, Fist-Pumping Sen. Josh Hawley Runs Away During Jan. 6 Capitol Riot
    About
    About

    NewsVideoClip brings you the latest breaking news video clips from all over the world.

    Some content is published under "Fair Use" for commentary, news reporting, research, and scholarship.

    Contact us: Editor AT NewsVideoClip.com

    Facebook Twitter Instagram LinkedIn VKontakte
    Popular Posts

    Trump Fans Curse at People Outside Mar-a-Lago After FBI Raid

    August 9, 2022

    MAGA Fans Cheer Trump Golf Tournament for Saudi Royal Family — Funded 9/11 Attack, Ordered Journalist Murdered — Trump Defends Saudis Against 9/11 Families

    July 31, 2022

    ‘The View’ Hires Conspiracy Theorist, Ex-Trump Staffer Alyssa Farah Griffen — Frequent Guest Wanda Sykes Leaves Show in Protest

    July 29, 2022
    Copyright {NewsvideoClip} {2021}.

    Type above and press Enter to search. Press Esc to cancel.