My Trading Journey
The ups and downs of my 27 year trader career. I laughed – I cried – I lost and  made a lot of money.

8  - Trading...it's a family thing

In the late 1990’s I pretty much specialized in 1 trade.

*If you’re just getting started with trading, take note.

You can be a successful trader by specializing in a single trade!)

My masterpiece trade was…. Drum roll please…

Shorting the Japanese Yen

Some background…

The Japanese economy was in trouble and shrinking every quarter.
The only thing the BOJ could do to stimulate the economy was to ease interest rates. 

And as we know lower rates reduces demand for the currency… and thus the currency drops..

For the better part of 3 years, I put the same trade on month after month.

Here’s a funny story .

Wait.. what.. How can shorting the Yen be funny ... ?

My wife was at work in an examining room with a patient.

The patient’s cell phone rings and he insists he MUST take the call.

Patient: Yes I want to buy 1,000 shares of ….blah blah blah 

Lisa: Oh you’re buying stocks...
The patient then turns to Lisa, and in the most condescending tone says...

‘Young Lady… what do you know about the stock market?’

Try to get a visual …

A 60 something year old man, with a cell phone in an era when only the really important people had cell phones...

And Lisa a 25 year old Female! Discussing the financial markets.

Lisa: "Actually I’m short 10 contracts of the JPY with a 121 strike price.

Lisa: You see the BOJ is set to announce interest rate policy tomorrow and with rates already at 1.% the only they can really do is float the currency."

About 30 minutes later Lisa can clearly overhear her patient from the waiting room.. on his cell phone … saying “ what do you know about the Japanese Yen…?

Go Lisa ! I was so proud

Trading… it’s a family thing

 

Just so you know..I have No products or services of my own to sell. 
As a veteran of the industry however, I have connections with the highest quality financial educators and publishers all over the world.
I’d like to share with you some of the best and most potentially profitable moneymaking systems and tactics in the market right now.
Here’s three killer presentations on making potentially HUGE money from some valued and respected colleagues of mine.
You can see them here.

I may earn a small referral commission if you decide to buy one these products 

Home | Privacy | Contact Me