He has always had a knack for finding seemingly intricate ways to make fast money and making them seem rather simple. That was time when Madaz considered quitting his trading career. After major losses he slowly, and painfully, learned about the nature of penny stocks but was able to acquire enough knowledge and developed the proper mindset needed to have a winning strategy in trading. With no job prospects and buried in student loan debt, he was forced to take up a minimum wage job at a local computer electronics store for 6 months, something he calls the most humbling experience of his life, despite holding an engineering degree. Initially he traded IPOs which seemed to be an easy and quick way of making money. How much money did you make that day? Madaz likes to frequently share his trading knowledge with community by publishing his trading sessions videos on Youtube or other social networks. After big losses he had to slowly and painfully learn about their nature but eventually he was able to acquire a proper trading mindset and create his own winning trading strategy. Currently is stocks trading his main source of income, where he is able to make several times over what he would be able to make as an engineer.
He has always had a knack for finding seemingly intricate ways to make fast money and making them seem rather simple. Madaz is in trading community a well known full time trader from Los Angeles. He took 3 months break to restore his trading mindset and learnt to control his emontions. Never feeling fully challenged in school despite maintaining good grades, he pursued side ventures that would fund the activities that would make his life a little less mundane. Check out my interview with Chat With Traders. He continues to rely on trading as his main source of income to this day, making several times over what he would have made had he remained at his regular day job as an engineer. How much money did you make that day? That was time when Madaz considered quitting his trading career. Only risk capital you are prepared to lose. After big losses he had to slowly and painfully learn about their nature but eventually he was able to acquire a proper trading mindset and create his own winning trading strategy. Intrigued, he inquired this coworker through what means was he able to afford such a luxurious item. From selling miscellaneous items on eBay to scalping tickets to counting cards in blackjack, he quickly realized that these activities were not sustainable in the long run as they did not generate a substantial amount of money, just enough to make a college kid look like a baller compared to your typical broke college student. Wow…watch the following video where Madaz explains how he did it. Who is social trader Madaz? Penny stocks were not easy to trade for him either. He popularized strategies such as the washout long, panic pop short, and the halt and resume washout long, of which he has lots of free content demonstrating these strategies at work via his YouTube channel. He studied hard and taught himself to control his emotions. Past performance in not an indication of future results. Social trader Madaz knows it exactly. At his new workplace, he met a co-worker who somehow despite not having a high salary from his job, drove a Lotus Elise. But very soon he realized that it was not as easy as it looked at the beginning and so he turned his focus on trading penny stocks. His popular trading strategies are halt and resume , washout long or panic pop short. April 13th, Do you remember which was your best trading day ever? Thanks to trading he was able to retire at age of After major losses he slowly, and painfully, learned about the nature of penny stocks but was able to acquire enough knowledge and developed the proper mindset needed to have a winning strategy in trading.
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