Ron Acoba is the co-founder and managing partner of LaidTrades.com. He has been involved in the financial market since 2002. Technical analysis is his main tool in forecasting price action of equities and forex but he is also versed in fundamentals and financial analysis. He has an MBA degree from the University of the Philippines. Presently, he is also pursuing a CFA and a CMT charter.
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 started getting into the stock market at the young age of 13. I have been determined ever since then to learn how to make money in the stock market. By the end of high school I was known has the stock market “kid.” For my graduating class my teachers created a new award for one student to be awarded each year due to my passion in the markets. I am proud to be my high school’s first Warren Buffet Award Winner.
My reputation continued in college as have tried to help others learn what I know. I became President of our school’s Financial Management Association, Treasurer of my fraternity Sigma Alpha Epsilon, and also Treasurer of the Inter Fraternity Council. Through the power of leadership I have continued to help others learn the basics of the markets.
I have traded full time using financial derivatives which was very lucrative until the recent market turbulence. I have developed additional risk management rules that adapt to six sigma type events which I share with those close to me. I am now trading again full time with a focus on risk management, profit & loss, and statistical management. Trading is my passion so I strive to utilize 110% of my potential through the continuous commitment to the innovation of the portfolio management profession. I earned my Bachelors Degree in Business Administration as a finance major in 2009.
I now own my own market research firm Shane Edmund Group LLC (www.shaneedmund.com) and help with my father's company in business development/operations management involving the quality end of high-tech manufacturing applications (www.accutechmeasurement.com).
Check me out on Linkedin for more information about me and my mission: http://www.linkedin.com/in/shanedrozdowski
John Stanley Szymanski, Jr. [Preisdent] started his career in the financial industry at Allstate with over eight years of experience in property and casualty, holding the respective licenses. John furthered his career as a financial advisor and registered representative with New England Financial. He continued with Edward D. Jones and has had extensive experience working with high net worth clients. As a seasoned advisor, he can give you his unbiased expertise in tailoring your portfolio.
I am LA, a long-time individual investor tired of paying someone else to invest my money. Curious if I could achieve higher returns, I combined my passion for learning with my competitive spirit and opened an on-line investment account with $2,500. Although I don’t work in the financial industry, I am a non practicing CPA which provides me the skills needed to develop my investing abilities. My ultimate goal is to achieve financial freedom and remove it from my bucket list. I created my blog, LA Stock Talk, to record my journey and share what I have learned to help others grow. I plan on churning some stocks and holding others long term based on lessons learned. My journey starts with a few simple rules. First, my strategy will be flexible, I’ll try not to make emotional decisions and will always do my own due diligence and never invest solely on the advice of another. Additionally, I’ll apply lessons learned and will remain level headed as the market swings each day. I hope my articles are helpful to everyone that reads them but it is important that everyone does their own due diligence and does not buy or sell stocks based on LA’s opinions or stock picks.
Ron Acoba is the co-founder and managing partner of LaidTrades.com. He has been involved in the financial market since 2002. Technical analysis is his main tool in forecasting price action of equities and forex but he is also versed in fundamentals and financial analysis.
He has an MBA degree from the University of the Philippines. Presently, he is also pursuing a CFA and a CMT charter.