Yes all about me! I’m currently scratching my head at what to put in this section that is useful for others. I guess I’ll start with my background. I have a bachelors degree in Business Management. I always had in the back of my mind that I wanted to be my own boss. College didn’t teach me ANYTHING about being an entrepreneur. They taught me how to work for the man but not be the man! I remember in college a kid my age was always spotted around town driving a brand new corvette. First I thought, don’t you need to be over 50 to drive one of those, but then I started poking around and turns out he was a stock trader. I said “really!??” and ever since then I was hooked to the idea.
“Don’t try to build a wall, don’t set out to build the greatest and biggest wall ever built. Lay one brick at a time as perfectly as it can be laid and build on that every single day“, Will Smith
Another huge lesson I learned was from my father. A successful business man who worked his way up the corporate ladder. From sweeping the floors to running a multi-million dollar manufacturing facility. I saw myself following in his footsteps until he got the shaft after 30 years with the company. I had to watch him start over since he had no college degree and being over 50 made it very difficult to find an equal paying job. It taught me a very valuable lesson and changed my outlook completely.
Working in a retail environment through college and also after graduation I found myself stuck. Graduating during a recession I found myself lucky to be working and making decent money but I hated every minute of it. It was a constant reminder that I don’t want to work for any corporations. I could have easily climbed the corporate ladder but I decided it was time to stop before I was in too deep like my father.
I was always interested in the stock market and since high school always knew the importance of investing for the future. Fortunately I had the smarts to immediately start investing in a 401k through my employer when I was 19 and taking advantage of the company match. That was one of the best things I did as that gave me a start to get into trading stocks after contributing to it for almost 10 years. So that’s basically what I did to get started, I left my sucky retail job after 10 years and cashed in my 401k. Many people told me I was stupid for doing so, but after watching what my 401k did through the recession almost dropping 75% I was pretty convinced that I needed a different strategy and thought I could build the portfolio a lot quicker on my own. So I cashed it out, added some money to it from selling a truck that I didn’t need and I was off to the races.
I read several books over the years about stock trading and always got stuck on the PDT rule(See Swing Trading 101). I even went as far as setting up my first Etrade account back in 2007 and never did anything with it. The biggest thing holding me back was Misinformation and most importantly FEAR!
“You can fail at what you don’t want…So you might as well take a chance at doing what you love“, Jim Carey
I use to think that the biggest hurdle to start trading in the stock market was money. I read so many books and they all led me to a huge wall, the 25k pattern day trader minimum. Every time I would get to that part in the book I was reading I would close it and think that it would be a long time till I would get to the point where I had that much money to trade. If I could only go back in time and know what I know now, things would have been totally different.
I set out to create this website to help others learn and follow my journey to how I became a stock trader. I’ve helped many people sort through some of the BS that’s out there and help them get on the right track. Sometimes learning the hard way can be the best way to learn, but if you can get a head start why not try to avoid those mistakes?
I’ve experienced many different ways of trading and have learned what works best for me. Everyone has to start somewhere. I wish I knew that I could of started day trading back in 2007 with only $500. Yes that is an option!(See how here). Many people don’t know that.
“Failure is simply the opportunity to begin again, but this time more intelligently“, Henry Ford
Trading has been the hardest thing I’ve ever done, its stressful, but I also love every bit of it. I have found a way that works for me that reduces my stress and allows me to sleep at night. Swing trading gave me a way to learn how to trade and build my account faster than just normal investing. I’ve used many services and found the best ones that I think have given me an advantage in the market and at the end of the day, I feel good about recommending them because I use them and they have made me a better trader.
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