Millionaire TradersQ: Were you exposed to the markets in your childhood?
A: Oh, much later in life. I didn’t do any trading until 1999.
Q: What about investing prior to that? Did you have any expe-
rience with stocks at all?
A:No.None.
Q: What did you do prior to that?
A: I used to take some distressed businesses, some of them
were convenience stores and a nightclub, and I would try to fix
them up and resell them. Then I worked as a product manager for
companies designing automotive test products.
Q: So what made you switch to trading? Did you just like that
industry?
A: You know I went to a seminar where they were talking about
trading options on stocks, and I actually did that a little bit while I
was still employed, but it wasn’t very long after that where I figured
out that the options markets was really not the way go. It was too
expensive. They didn’t trade nearly enough, there were a lot of
disadvantages, so I decided to stop working and go strictly to day
trading.
Q: The seminar you went to, that was your first exposure to fi-
nance, what really tickled your fancy? Why did you get so interested
in that subject?
Q: I think it’s the same reason that people would love to do
what I do, which is the lure of short days, high profits, high risk.
Unfortunately, that’s not really the reason people should go into
what I do, but that is what the allure is.