The month was March 2000 NASDAQ was in a bubble...

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At some point you have to ask yourself is this downtrend going to continue or did these stocks fall enough?  About two hours before the bell rings, marking the end of the day. The first to recognize a reversal in the trend was one of my mentors; Roy “Market Makers are buying everything I’m getting out,” he says. An alert goes off in my head: Are Market Makers working with us to buy stocks just to knock them down again? That marked my best trading day. I decided to downsize, stick to my game plan, and keep the profits. At the end of the day, there were cheers of joy at the office, and of course, we celebrated big. In the following days, the market was very volatile two of the three traders who made the most money and some other traders in the group returned all the profits they earned and more! How and why? They lacked self-discipline and risk management. I was not one of the most profitable traders in the group, but throughout I was consistent, disciplined, and always stuck to the game plan. I asked one of my mentors, “Why do traders who make so much money teach us to trade?” –  “Some people just enjoy teaching, and trading alone is not the same as trading in a group” he answered. To this day it inspired me to do what I do, teaching people like you who are  ready to take the next step in developing self-discipline and consistency in their trading process.

My curiosity about the financial markets started at the age of 16, 1994 visiting my father’s Commodities Broker-Dealer in Beverly Hills California www.cannontrading.com Thereafter I got a job at CIBC Oppenheimer New York; as an assistant Broker. Drawn to the trading floor, where I became friendly with some of the traders. I learned from them to concentrate on one stock, eat, breathe, and sleep one stock only. That way when the market, sector & stock move I should be able to predict what the outcome should be. Where is the derivative supposed to move to, how much it should move etc… 

In 1999 I secured a job at World Co LLC and passed my Series 7 exam as a Broker in the US via FINRA. Studied technical and fundamental analysis; I read everything written by John j Murphy. And I used that knowledge to trade the firm’s capital. 2000 I joined SOES Bandits traders at Broadway/Andover trading to trade with them, using the firms capital; We grew to a 30-plus trader Desk. I built trading strategies (Algo), advised when to cut losses and take profits, ensured compliance with all trading policies and procedures (AML, KYC), troubleshoot system failures and program trading connectivity, daily trade reports and margin requirements. 2001 I was recruited by a larger firm Tradescape; I was able to gain experience in how to ensure compliance procedures, managed prop traders, margin risk disclosure. 2002 Tradescape was purchased by E-Trade; where I was able to continue my work and expand my services to institutions. In 2006 I joined Noble Trading; helping the firm grow. Noble was later purchased by LightSpeed Trading. I continued at Lightspeed Trading, offering online trading services. 2012 I joined Celadon Financial; and dealt with Institutions and Retail clients. 2015 I went into FinTech; online trading software solutions. And joined AMID Financial Centr'e.

So when did I find time to trade? in my younger years, I was happy trading twelve hours a day, there are days when am trading for two or three hours; the opening and closing bell. Seems like I have my hands full and set in life, so why will I teach you? I like to teach, and it is my retirement plan, I get to give back, meet interesting people around the world and enjoy sharing what I’ve learned.