We try our best to keep things as “real” as possible on the show, and in this episode I think we do a great job of that given our guest’s strategy. In most instances, the topic of technical charts come up given many in our community use them; however, that’s not the case with fellow member Aaron. There is still lots of fine tuning going on within his strategy, especially in the trade management department, so who knows…. maybe one day charts will find a place. As it stands now, Aarron is looking to improve with each passing week and keep his account in the green. He was open and honest which we can all respect him for.
Notes:
Today we interview community member Aaron who is relatively new to trading. After realizing he was making next to no return keeping his money in savings, he decided to look into the market.
Aaron likes to research sectors and individual companies he believes will have future growth. Considering his 9-5 job, he choose industries and companies in that space that he believes will grow.
Something Aaron picked up very early on was that most people who use financial social media are generally unable to accept responsibility for their actions. After watching a few of Clay’s videos and seeing the information conveyed, Aaron decided to join the community.
Aaron doesn’t utilize charts to validate his investment choices. He uses the news and fundamental information he comes across. However, he hasn’t bet the farm on any of his trades so even if they were all go to zero, he would be fine.
Quotes:
One thing I regret is that I haven’t taken a lot of risks in my life. I realized that my money has sat around and done nothing.
When there’s a profit to be made, you have to take it. That’s the discipline I have to adhere to.
The idea of short manipulation is very misconstrued. It’s like betting against the dice in craps and the odds are reversed.
For me, that’s a car payment. Wow that’s a better Christmas for everyone. Don’t be ashamed of profits.
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