There is always a first, and that’s what chatroom member “JC” gave us in this interview. Thanks to his brutal honesty, he let us know that he was at a pretty rough patch at the exact time we were conducting the interview. This was very unique in the sense that Chezz and I were able to give him some “real time” feedback and suggestions to help guide him through this rough spot in his journey. I am very thankful JC was honest enough to share this as it gave us all a chance to truly witness the realities of how trading is not always sunshine and rainbows.
Notes:
JC’s dad was the first person to introduce him to the market. Another interesting fact is that his dad was interested in penny stocks so that is where JC started also.
Unfortunately, JC blew up his account in the first trade he took. He ended up going back to work and refunding an account after a few months to try his hand at the market one more time.
JC decided to investigate into education options and found a well known source but after finding out that their package cost around 18 thousand dollars, he decided to look elsewhere and eventually found Clay.
After going through some courses, JC decided he wanted to keep practicing during the evenings after work. This led him to get interested in the forex market since it trades for almost 24 hours a day, 5 days a week.
While he works full time, he is finding where he fits in his swing trading. He has now traded equities, forex, and options. JC tells us an interesting story about an options trade that goes bad and what subsequently happened to his forex account.
Quotes:
“My dad said if you just buy sub-pennies they got nowhere to go but up.” tweet this quote
“My very first trade and I dump my entire account into this ticker before it dumped. I was all in and it was all gone.” tweet this quote
“You’re just some regular guys. You’re not some overwhelming power of Lamborghini stock traders that say ‘this is the way it is.’ “ tweet this quote
“The reason I traded forex was because it traded 24 hours and I could actively practice. It was more of a practicing tool to me.” tweet this quote
“I was so emotional I could not make a rational decision.” tweet this quote
