For this milestone episode (episode 100!), I’ve brought on a very special guest. This is quite the accomplishment as I’ve been trying to get him on since before episode one was even released. But my persistence has finally paid off… Listeners, I’d like to introduce you to Bao—better recognized as @Modern_Rock on Twitter.
Bao is an independent day trader, and a former Silicon Valley software engineer, who made the vast majority of his wealth trading penny stocks on the Over-The-Counter Bulletin Board market.
In this interview, we discuss; adversity and complacency, Bao’s biggest trade of his career, finding your niche, managing your confidence, consistency hints, how to grow and improve as a developing trader, and much more…
What’s Covered in This Interview:
- Bao tells the story of his immigration to the United States from Vietnam, the adversity he faced, the perils of complacency, and the silver lining of touching rock bottom.
- How Bao went from a job in Silicon Valley to being a full-time trader, what happened during the transition (good and bad), and how others viewed his choices.
- Why it’s necessary for traders to find their niche, in one distinct area, and then aim to master it. And, Bao’s suggestions for how to discover your niche.
- Bao’s recommendations for how to support confidence in times of poor performance, as well as excellent performance, and how to approach the fear of missing out (FOMO).
- The multiple stages between novice trader and making a million dollars in trading profits. And how Bao would learn to trade if he started all over today.
Links and Resources:
- Momo Traders, by Brady Dahl – For even more about Bao, you can read his interview in this book.
- @Modern_Rock – Tweet Bao about this episode and follow him on Twitter!
- @MRockRulez – Bao’s account exclusively dedicated to his ‘trading rules’.
- TradeStation – TradeStation clients have it pretty good; an amazing platform, great commissions, and all the rest!
Click here to get your free copy of The Comprehensive Guide to Trading Mentorship.
