An ambitious, dedicated, motivated, and disciplined individual who has a passion for the financial markets.
I graduated from the University of British Columbia with a Bachelor in Arts (Anthropology and Archaeology). I was grateful to land a job right after I graduated with Golder Associates, where I was an assistant Archaeologist working on projects at the Museum of Anthropology at UBC as well as up north in Northern BC. Paying off my student loan was my top prioirity, and naturally, gravitated towards the financial markets. My first trading experience came in 2012 when I bought my first stocks. They were Agnico Eagle Mines, Bank of Montreal, Scotiabank, Enbridge, and Sunlife Financial.
Those were DRIP stocks, and after the amount of money I made on them in just a few months, I became interested in the daytrading crowd led by traders such as Timothy Sykes, and Cameron Fous to name a few. Their respective DVD’s were my first trading education materials. From that day on, I daytraded penny stocks on American exchanges. There were a lot of ups and downs, but more importantly, there was no consistency.
I knew I had to take matters into my own hand rather than relying on others. I wanted to learn how to fish, rather than having someone catch the fish and prepare it for me. This has always been one of my strengths. When I want to learn something, I put all my focus on learning it. Usually this involves taking out all the relevant materials out of the public library, and this is what I did for the markets.
From my self studies, I learned the fundamentals about stock markets, economics and the world in general. The book which had the biggest lasting impression on me was “Profitable Candlestick Trading” by Stephen Bigalow, and “Japanese Candlestick Charting Techniques” by Steve Nison. This was the beginning of my price action studies, and along with other technical indicators such as RSI, MACD, Bollinger Bands, and EMA’s. became my preferred method of daytrading.
Geopolitics, current affairs, and the way nations act on the international stage has always been one of my top interests. Most of my knowledge comes from authors such as George Friedman, Parag Khanna, James Rickards, and Marin Katusa, as well as many authors from the Project of a New American Century think tank. My future forecasts of where the world is going have been quite accurate, and I take into account the benefits of all parties as well as their interests. “Follow the money” is a good phrase and can be applied to predict outcomes and make sense of the energy markets, the commodity markets, and even financial markets.
The mining industry is also one of my top interests. Being that I live in Vancouver BC, which is the natural resource centre of the world, or as people put it more aptly, natural resources is to Vancouver what tech is to San Francisco, many conferences are held in the city. I have been to the Vancouver Resource Investment Conference for the past 4 years, the Metals Investor Forum, Sprott’s Natural Resource Symposium (which I attended in 2015), and PDAC 2017 in Toronto.
While I learned more about the Forex market, I began working with a prop firm here locally called Chang Trading. I was there for 8 months. Even though there was no hourly wage, it allowed me to learn how the market works intraday and gave me more chart time. In 2015 I decided to trade Forex on my own and for the first few months I did extremely well. In one single day my short EURGBP made me 2200 Canadian dollars. However, I gave back all my gains quicker than I made them.
I realized that I was actually scared of the success. My mind was not used to me making that amount of money in a single day. I just was not ready for the success. I began reading more about the psychological aspects of trading, and began to train my mindset for abundance rather than scarcity. I began looking at candlesticks as psychology rather than price. I must say that these two improvements had the most profound affect on me. I genuinely belive that trading is 95% psychology and 5% skill. It is very easy to learn the indicators on how to trade. Even on the internet, there are many trading techniques that can make you money, but it comes down to the user.
In 2017, I worked as a trader for a Boutique Investment Bank in Vancouver called Sattva Capital. We only traded Canadian TSX stocks. Our approach was to look for companies with great charts, good fundamentals (we would create models to assess this), and call management to ask about future growth etc. My employee was impressed with my knowledge on the mining sector, that he took me to PDAC 2017 where I could speak with management. I visited many companies at their offices here in downtown Vancouver, the highlight for me being a meeting with CEO of Lucara Diamonds William Lamb.
I have now accumulated more than 5 years of trading. As a person, I have improved to levels I would never have anticipated when I began trading. I am grateful for all my trading experiences which have led me to where I am today. All the money that I have lost in trading is akin to paying for post secondary school. I have paid my tuition with trial and error. Wisdom comes from experience, and I can now read markets much more accurately. I am also disciplined with risk vs reward and patience being key.
I act on what the market is doing, not what I believe the market “should” be doing. If you become good in trading, you will become great in everything else you do. Trading really is a lifestyle, and it is a personal improvement journey. I continue to grow and improve. Recently I have been learning more about the Bond market, Cryptocurrencies, and Macroeconomics. It is not for everyone, but again everything at first seems difficult. This is my blog where I will share with you my thoughts and trades. I hope you enjoy it.