I am a retiree who spends about 1-3 hours a day researching Equities. My retirement is solid enough that my trading account is mainly a hobby separate from my retirement. (I label myself more "Trader" than investor) I also spent a long career in Medicine, with experience running multi-million dollar revenue businesses, so know considerable about the medical field, it's needs and problems. Retired on investments (and Combat Disabilities)at age 46. More than 40 years of investing. I also did Medical Research, so researching is ingrained. Veteran of 27 months in Viet Nam crewing a Medevac Helicopter. Life Member of the Dustoff Association Life member of Military Order of the Purple Heart and AmVets. I also write professionally. . .
Full Time Trader. Long / Short Equity Options.
I am a technical trader that tries to find the sweet spot between technical set up, institutional option order flow, and fundamentals.
I am especially interested in market / trading psychology and its impact on our performance.
To receive my free daily market message that highlights the biggest and most notable trades in the option market, email me at : firstname.lastname@example.org
I will be glad to include you!
Ian is pursuing a business minor and chemistry/biochemistry major at the University of California San Diego. He is employed by his university and himself. As an owner of a small business Ian sells carnivorous plants, aquatic plants, and related products as user "carnivorousplants" on eBay, and exotic millipedes that he captive breeds on his Weebly website, petmillipede.weebly.com.
Ian believes in what he calls the 3 principles of wealth:
1. Save all you can. Minimize your expenses. Ian has been saving since he can remember.
2. Invest your savings well. Having nailed the first principle, Ian is working to develop a mastery of the second. A market watcher of 6 years and investor/speculator of 2, Ian is comfortable with technical analysis and is beginning to embrace fundamental analysis. He feels ready to invest in the stock market as opportunities present themselves, but is still practicing with options and forex trading on paper after having learned the hard way that paper is the way to go when you don't know what you're doing.
3. Make a lot of money. This entails either excelling in what you do in a field with high payment potential, or starting successful business(es).
With these 3 principles of wealth you cannot go wrong. Make alot, save most of it (live well within your means), and invest most of your savings. Repeat. Get rich.
Much of Ian's knowledge of the market has been self-learned through research and observation. He became interested in the market when he learned about Tesla Motors, a company he believed in. While signing the documents to open a brokerage account for the first time, TSLA rose 100% to ~$50 per share from ~$27. And Ian never bought for fear it would suddenly decline later, although the price eventually reached $280 per share, a 10x potential gain. More recently, Ian has begun doing thorough due diligence on potential investments including spreading the financials and projecting future cash flow to arrive at net present value. Companies that are unloved by the market but may have fundamental strengths are the jewels that Ian seeks. Ian's ideal investment would be to buy a promising company at pennies an the dollar in a period of distress, with the expectation that the company will recover and thrive. Example: Pier 1 Imports. Buy at $0.20 during chapter 11 proceedings then watch it appreciate 100x. Perhaps hold for the current dividend of 35% of purchase price. Ian believes that finding such explosive growth is difficult and extremely risky, but he will work toward achieving this dream because, after all, its the only way to get a phenomenal dividend yield. And he's willing to settle for a lot less in the meantime.