Woman earns thousands as a stock trader after dropping out of school to help her parents


A young woman who had to drop out of college to help support her family during the pandemic has enjoyed financial success as a day trader – and says “the stock market has completely changed my life in a year.”

Kiersten Crum, 20, of Lawrence, Kansas, was attending the University of Kansas School of Business in 2020 when COVID-19 swept across the United States, sending her home to stay with her family – who were suddenly struggling to pay their bills. bills after her father’s business was shut down amid the pandemic.

Kiersten started working two jobs, one in a grocery store and the other in a bar, but she quickly made more money than she expected by patiently playing the stock market.

Success story: Kiersten Crum from Lawrence, Kansas says “the stock market has completely changed my life in one year”

When Life Gives You Lemons: After leaving college during the pandemic, she started playing the stock market to help support her family

When Life Gives You Lemons: After leaving college during the pandemic, she started playing the stock market to help support her family

Impressive!  She increased her initial $ 500 to over $ 50,000

Impressive! She increased her initial $ 500 to over $ 50,000

“A year ago, COVID hit, [and I] had to quit school, ”she explained in a viral TikTok video.

“My father’s business had just closed because of it, so I started working in a grocery store. I was then responsible for the family bills, so I started working at night, ”she continued.

Kiersten started her day at 5 a.m. as a grocery store manager, then headed for her second job at a bar.

It was a shock to go from never needing to work a lot to “being the one paying the family bills,” she said.

Soon she realized she didn’t have the money to keep going to school – and not much time to spend in class either.

So despite her cumulative GPA of 3.9 and only two years of college behind her, Kiersten decided to drop out.

Work: After the pandemic caused his father's business to shut down, Kiersten took jobs at a grocery store and bar to help pay family bills

Work: After the pandemic caused his father’s business to shut down, Kiersten took jobs at a grocery store and bar to help pay family bills

Struggles: without money or time for classes, she quickly made the decision to drop out of college

Struggles: without money or time for classes, she quickly made the decision to drop out of college

Plan B: But she also started playing the stock market, gradually making money

Plan B: But she also started playing the stock market, gradually making money

Plan B: But she also started playing the stock market, gradually making money

“Some of my friends took me to an investment club meeting a year ago,” she said. “Since then, I have such a passion for the markets”

Attractive!  She watched her bank account grow and was delighted to be able to give her dad something nice.

Attractive! She watched her bank account grow and was delighted to be able to give her dad something nice.

Although she plans to return, she also came up with a plan B: in addition to her two jobs, she started playing the stock market.

“Some of my friends took me to an investment club meeting a year ago,” she said. “Since then, I have had such a passion for the markets.

“As COVID hit and saw the market crash, I thought this was the perfect opportunity to start.”

She started out small and over time built up some money.

“I just started on the stock market with $ 500,” she said. At first I was making pennies, dollars. It was my first real victory.

She watched her bank account grow little by little, reaching $ 1,000, then $ 4,000, then $ 11,000.

“I realized I was getting good at it.  I became obsessed with the stock market, ”she said

“I realized I was getting good at it. I became obsessed with the stock market, ”she said

Expertise: Now Kiersten goes through @ stonk.queen on social media, where she shares a glimpse into her life as a freelance day trader in her water-painted bedroom

Expertise: Now Kiersten goes through @ stonk.queen on social media, where she shares a glimpse into her life as a freelance day trader in her water-painted bedroom

She also shares a lot of tips on TikTok and Discord, offering explanations on topics like short selling and candlesticks, as well as the names of stocks she watches.

She also shares a lot of tips on TikTok and Discord, offering explanations on topics like short selling and candlesticks, as well as the names of stocks she watches.

Helpful: She also shares a lot of tips on TikTok and Discord, offering explanations on topics like short selling and candlesticks as well as the names of stocks she watches.

“I ended up contributing about ten thousand dollars to the market. Slowly and slowly it continued to increase, ”she said.

“I realized I was getting good at it. I became obsessed with the stock market, ”she continued.

Eventually, she got $ 50,000 and used the money to treat her father.

Now Kiersten is passing by @ stonk.queen on social media, where she shares a glimpse into her life as a freelance day trader in her water-painted bedroom.

She also shares a lot of tips on TikTok and Discord, offering explanations on topics like short selling and candlesticks, as well as the names of stocks she watches.

“You won’t get rich overnight, and the market won’t always be kind to you,” she warns.

How To: She also shared a video explaining how others can get started

How To: She also shared a video explaining how others can get started

Retrospective: Kiersten was studying at the University of Kansas when the COVID-19 pandemic hit and forced her to drop out of college

Retrospective: Kiersten was studying at the University of Kansas when the COVID-19 pandemic hit and forced her to drop out of college

“You won’t get rich overnight, and the market won’t always be kind to you,” she warns.

“But once you figure out how to use it, the possibilities can be endless,” she adds.

She recommends that people who want to try trading stocks on their own start by opening a brokerage account with companies such as Fidelity, E-trade, Charles Schwab, Webull, and TD Ameritrade.

Then, she said, grab five to ten trade books from the library. Make a list of all the terms you don’t understand and use it as a guide for what you need to learn, using these YouTube books or videos.

Networking with other people who invest can also help.


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