Known as @AT09_Trader, Alex is a discretionary day trader who’s seen some amazing results in the few years he’s been trading (he’s only 22 years old). Alex trades small caps and he trades them very aggressively. You’ll notice quickly that Alex is a far cry from conservative.
Our conversation took place on November 16, 2016, right about the time the craziness in the shipping sector went down. This led to us discussing the ticker DRYS and how Alex managed to put a $40k loss a day or two under his belt before our interview. Although, to be fair, he also had his first +$100k day shortly thereafter.
In addition to the shipping sector madness, we also talked about Alex’s start in trading, his ideal trade scenarios, areas of improvement in his own trading, stepping into real estate and flipping a foreclosure property for a profit, and tons more.
Note: This podcast is not financial advice. You are responsible for your own trading decisions.
What’s Covered in This Interview:
- The shipping sector momentum of November 2016; the opportunity available in trading “sympathy plays;” and the DryShips short squeeze which “ripped faces off.”
- Alex’s start in trading and how he funded his first trading account; plus how his own obsessive personality has helped him make a profit in a short period of time.
- The ideal trading scenario; how to use discretion to manage positions and risk; and why Alex wants to increase his hold time.
- Alex steps into real estate flipping a foreclosure—his experience, takeaways, and what he would do differently if he could do it all over.
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