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How the day-trading TikTok 'witch' really makes money

How the day-trading TikTok 'witch' really makes money

๐Ÿ”ธ Plus: 40% of companies post fake jobs vacancies ๐Ÿ”ธ A rare King Charles bank note sold at auction for ยฃ17,000 ๐Ÿ”ธ Coinbase switches off its news feed ๐Ÿ”ธ

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Jim Edwards
Jul 01, 2024
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How the day-trading TikTok 'witch' really makes money
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Your 2-minute guide to demystifying money and making you richer

Images from @blonderichwitch

The markets, year-to-date

  • S&P 500: 5,460.48 โฌ†๏ธ 15.13%

  • FTSE 100: 8,164.12 โฌ†๏ธ 5.92%

  • Bitcoin: $62,793.10 โฌ†๏ธ 42.05%

  • GBP to USD: $1.2668 โฌ‡๏ธ 0.47%

  • GBP to EUR: โ‚ฌ1.1776 โฌ†๏ธ 2.13%

That stock-trading TikTok โ€˜witchโ€™ might not actually be an investing genius

In the last Moneyin2 email, we told you about a โ€œwitchโ€ on TikTok who uses astrology and tarot cards to trade stocks.ย 

Do not do this, we said.ย 

That remains good advice.

On one level this is simply a funny story that went viral. But the more interesting question is, why was she able to make money by pulling the Ace of Cups from her tarot deck?

Iโ€™m going to take @Blonderichwitch at her word, partly because her TikToks include screenshots of a trading account which does appear to have made $1,200 in one day trading Oracle stock.

So how is she able to do this?ย 

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