San Diego, CA
Posts: 11 since Jul 2015
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I want to introduce myself. I've been to many forums, so I'm used to the "forum lifestyle."
I'm an entrepreneur with military experience. I ran two businesses for about 9 years, and both were blown out by leftist politics. It's tough out there for the blue collar businessman starting out. I burned through $100k in a bike cabbing business and then in a tree service business before I took my cues from those moving ticker symbols on the bottom of the CNBC TV screen. That's how I knew I wanted to be a money manager.
I've been into following conservative political talk shows and news like CSPAN and talk radio for a long time, so the conversion to business news and business research was easy. News is my passion.
I change my business pursuits in May 2013 going from 80+ hours a week trying to make it as a tree service to 80+ hours a week learning to trade. After I blew out a $75,000 trying different experiments trading, I realized I have to stop "working HARD" to stop losing money. I work like an athlete, but trading is not so much about athleticism.
After I blew so much money, I asked the moderator at HotStockMarket.com what he would have done if he start over, and he said he would start trading options if he had to start over. So I spent the next 16 months, 80 hours a week on options. Options are my specialty.
Right now I'm learning to scalp futures with a Prop Firm, so that I can get funded and fund my own home trades, and I'm slowly learning how to write computer code, so I can trade with algos. My hopes are to learn everything I can about Wall St money management, and take on the Battle Fin Tournament to be allotted a few million dollars as a money manager for the sponsors of the tournaments.
I live by the rule that says you don't put your money where you can't control the outcome. Don't pull the trigger on a risky bet. Gambling in markets is not a business. Effective money management is a business. Never measure your possible profits before you've measured the possible losses. It's no game. It's a series of serious maneuvers through the dark.
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