I was an insurance underwriter before I became a retail trader. Due to my experience and training, I look at the financial markets with a different perspective than the usual personal investor. Insurance underwriting is primarily risk management for financial investments and in the short time I’ve been trading full-time, I discovered that I applied much of that experience to
My father and I have a running joke on trading the stock market. In Chinese, the word “shares” is called 股票 (pronounced as “goo-pew” in Cantonese or “goo-piao” in Mandarin). The literal translation for each character is simply “stock ticket”. Phonetically, we joke that it sounds like “guess security” – that is, you have to guess the value of the security.
There have now been enough occasions where people I’ve met have inquired on how I make money in the stock market. I honestly don’t have an answer. The reality is I’m still learning and developing my trading methodology. However, while I don’t have much experience to share, I do have some that should at least help beginners avoid a few of