I wrote an update, showing part of my accounts used for this, but must have omitted to press Post Reply, unless the mods deleted it.
I've had enough for now of being tethered to a keyboard or phone.
I was surprised to multiply my original stake so soon. Someone younger could indeed change their life doing this, but I'm not that and I don't need lots of money, I have adequate.
I must point out that wife & friends , and any non-BSing Youtube video will point out, that you have to have a brain wired the right sort of way to do it. If you struggle with percentages and ratios, or remembering rules and patterns, forget it. It's a bit like flying a plane. You admire the inching stock screen as you admire the view from the cabin window. But only if you know that you've done all your checks and they say you're OK, and you know exactly what you will do if things change.
I spoke to a trader from one of the banks. Long story short he's not allowed to take the risks I did. He ccan lose a multiple of his stake, unlimited. As a retail customer, the law protects me.
The stocks of Ocado, Rolls Royce, XPeng (Chinese ev maker) went up to about 250% in a shortish time, because of publicised events. When you use CFD (explanied above) using 50k at 5:1, getting just 2/3rds of one of those events, wins 250k (50k x 5 from 100% to 200%). I was watching all three because they'd recently gone up. There have been perhaps 2 dozen others in the past couple of months. All (maybe not Xpeng, but it's in the same group as Tesla and a few other EV cos beig monitored) were mentioned above as being under watch, before much of that growth happened. I should have done better - I would if it happened again. Those were not sudden events, they took plenty of time to pan out and pile into.
If I CanBA to stay watching, I'd have alarms on 2-3 dozen companies, like all the LIDAR manufacturers, who will one day get orders from the major car makers for self-driving cars, and their stocks will rocket. You could also monitor drug co's, mining companies and chip makers.
If you open an account, deposit £100, have a go at something you like the sound of and turn your back, you will have lost £100, without even knowing why.
But if you do lots of reading, watch several Youtubes, and have the aptitude, you can do OK. A chap calling himself "the Moving Average" is one. There are many ways to go depending on your time.
Advice: Practise on a Demo account, until you win consistently, before using real money. Then trade using tiny amounts of real money - the psychology changes, and you can learn to be a psychopath and just treat it as you should - just numbers.