We’ve already interviewed a member from Denmark, for this interview we head south of the equator to chat with a member in Chile. Jose is an extremely successful business man, so I am honored he was willing to take time out of his day to tell us about his trading journey. I truly enjoy hearing from people who are successful in their own personal fields as they always bring fantastic perspectives based of previous experiences, and Jose does not disappoint.
Notes:
Jose had a friend who made some big money buying various names during multiple crises and this is what led him to get interested in the market. He set money aside and started his stock trading adventure.
After finding limited success, Jose got interested in penny stocks and started to follow some newsletters for ‘hot stock picks.’
Jose stumbled upon ClayTrader based on an advertisement on the side of a stock message board. Technical analysis and the ability to read charts appealed to him and he wanted to learn more.
While Jose still holds a full time job, he is applying what he has learned to a larger time frame and his trades generally take around four days.
Quotes:
“My strategy was buy and wait for a couple years and then this will turn into millions.” tweet this quote
“I invested in 1 ticker. No stop loss, no risk management. I took a trip to Columbia for work and when I got off the plane it was all gone.” tweet this quote
“I wanted to speed up my retirement but without a strategy it was all based on hope and luck.” tweet this quote
“My biggest weakness is risk management. Managing my head and managing my heart.” tweet this quote
“You don’t need to go to Harvard to make money in the market. You need to be focused. You need to study and be true to yourself.” tweet this quote