Andrew Han developed a love of travel while working in corporate finance for a Fortune 500 company. He realized he wanted to be able to work from anywhere in the world, at any time of his choosing, and trading was the answer. He completed training at Online Trading Academy and is now a full time trader, focused on index and commodity futures and options and equity options. As an Online Trading Academy Instructor, Andrew likes to share his journey and how he transitioned from working for a corporation to a lifestyle of freedom. He is based in Singapore and teaches trading classes at campuses and events throughout the Asia Pacific region and Australia.
My name is Payman Winborn. Upon graduation from college in 1999 I founded a company that distributed computer hardware. Although this was a profitable business, I did not want to focus all my resources on one avenue of success, so I looked to diversify my interests. I explored real estate and finance as possible alternative businesses and discovered an interest and passion in futures trading. This is what I ultimately choose as a second source of income.
Initially, I imagined that day trading would be the ideal profession: no customers or staff, no inventory or rent and the possibility of unlimited income. And, more importantly, it presented me with the opportunity to work anywhere....from the privacy of my home or from the balcony of a hotel room overlooking the Pacific Ocean.
Unfortunately, I knew little about the pitfalls of day trading for a living. To begin with, I spent countless hours reading books, studying charts and conducting research in an effort to become a profitable trader. Six years later, and after the loss of several hundred thousand dollars, my efforts finally resulted in the development of a highly profitable strategy.
This strategy is primarily based on technical analysis and was developed for ES E-Mini S&P 500 Futures contracts from CME Group but it also works in many other financial instruments such as Stocks (NYSE), Bonds, Currencies(Forex Spot), Commodities (Gold and Crude Oil From CME GROUP,Globex,NYMEX, CBOT,Brent Crud Oil From ICE Global Markets), Options, Global Indices and CFD’s with similar high accuracy.
In retrospect, I understand that the biggest barrier to my success was the fact that I tried to learn everything by myself. An experienced mentor could have helped me avoid that painful learning experience....and saved me a significant amount of money as well as many years of frustration.
Today I am an active, and profitable, trader. As a token of appreciation for my success, I now share my tools and experience with other day traders. I believe that my knowledge and skill can help others become successful traders and, in the summer of 2010, I began to publish my realtime market signals and daily results online in order to demonstrate the accuracy of my trading strategy.
I’m a middle aged corporate worker focused on building a portfolio of dividend paying stocks in my tax deferred retirement account I call “The Dividend Machine”.
Only stocks that ; pay a dividend above the 10 year T-Bill rate, are trading near their 52 week low, trade more that 50k shares a day and for more that $5 a share are seriously considered for purchase. Dividends are not reinvested but rather accumulated for future stock purchases. The ability and willingness of a company to increase its dividend over time is also a major factor in my investment choices as it gives accurate insight into the views of management toward share holders.
My hands are occasionally bloodied from catching falling knives and being scratched by dead cats bouncing but selling is largely based on Yield on Cost calculations.
Paying fees of any sort is to be avoided if at all possible and as a result my portfolio holds no Mutual funds and only one Foreign Bond ETF.
The tax implications of holding MLP’s and foreign stocks in tax protected accounts does put some limitations on potential purchases.
I have been a dividend investor since my retirement in late 2003. I diversify by sector, domestic vs. international, and by cap size. I do not invest in stocks that don't pay dividends. I am risk averse and limit my investment in a single equity to 1% of my total assets or less. As a result of this 'rule', I have more than 100 equities in my portfolio.
I am a value investor to the greatest extent possible. I also favor dividend stocks. I try to be a buy-and-hold investor, but sometimes I can't avoid the tempation to ring the register or to accumulate the inevitable tax loss. The main thing I have learned is that I have lost more money by selling too soon than for any other reason. I reside in Henderson, NV.
I have degrees in Economics and Law. I have been investing since the late 1980's. I started by investing in mutual funds, but within the past four years I switched to investing in individual stocks. I invest in both US and International equities.
As a value investor my strategy is to overweight sectors which I perceive as being undervalued, and select the most undervalued stocks within those sectors. Positive factors which I consider include whether the stock has low debt levels, currently trades at a low price to book ratio as compared to the historical average, and has a long term record of maintaining a high return on equity. I also look for above average rates of growth in dividends, earnings per share, and book value over the past 10 years.
Past "victories" include overweighting reits, emerging markets, and small cap value stocks beginning in 2000 and then selling out in 2007. I am currently overweight in health care and consumer staples. I have also started the process of rebuilding a position in reits by buying an exchange traded fund on the dips.
Andrew Han developed a love of travel while working in corporate finance for a Fortune 500 company. He realized he wanted to be able to work from anywhere in the world, at any time of his choosing, and trading was the answer. He completed training at Online Trading Academy and is now a full time trader, focused on index and commodity futures and options and equity options.
As an Online Trading Academy Instructor, Andrew likes to share his journey and how he transitioned from working for a corporation to a lifestyle of freedom. He is based in Singapore and teaches trading classes at campuses and events throughout the Asia Pacific region and Australia.