We preach it all the time on the show. Trading is a business of hard work, NOT “get rich quick” despite how some conman out there market it. Our guest for this interview, Andrew (“Ava”), is a shining star of what hard work and dedication looks like. Better yet, he provides a perfect case study example of why “I don’t have the time” is not a valid excuse. As you will learn, Ava is a busy guy with all sorts of stuff going on in his life, HOWEVER, he still makes time to better himself as a trader. I have little doubt this interview will motivate you to stop using silly excuses on “why” you haven’t attempted trading or aren’t being successful at it.
Notes:
Ava was involved in a workplace injury and found himself with time on his hands. He decided he wanted to put his money to work for him and invest in the stock market.
When he began he would just follow whatever the most popularly talked about tickers were on iHub. He even went as far as trying to find individual stock pumpers that had a high success rate to find some trades.
Ava has always treated trading as a business. He had no desire for excitement (realizing that this is not a casino). He wanted to learn to trade so he could build wealth and increase his income.
His business approach led him to decide to get educated so that he was better equipped to deal with the market.
Quotes:
“I was trying to figure out how to get rich trading something only worth a penny.” tweet this quote
“I was still really blind to what was going on. I hate losing money and that led me to purchasing courses on technical analysis.” tweet this quote
“Averaging down, it’s a killer. The worst part is that it does work but that one time it doesn’t will take you to the woodshed.” tweet this quote
“The gains from my options trades were so much larger than my straight up equity trades so it made sense to just trade options.” tweet this quote
“You can make decent money scalping but you will make the majority of money off of those runners if you let them work for you.” tweet this quote
