When Jim Francis first started trading over 15 years ago, he didn’t fully know what he was doing or understand the markets too well. He placed a few trades with a company that he had some (what he thought was) positive news on, but was caught unawares when the stock price went down instead; costing him half of his initial investment. Jim los the other half to not realizing options had an expiry.
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Description
When Jim Francis first started trading over 15 years ago, he didn’t fully know what he was doing or understand the markets too well. He placed a few trades with a company that he had some (what he thought was) positive news on, but was caught unawares when the stock price went down instead; costing him half of his initial investment. Jim los the other half to not realizing options had an expiry.
It was a costly lesson, but Jim took it in stride and realized he needed help in order to learn what to properly do. He sought out training and it paid off: he’s since learned a variety of strategies he can utilize regardless of what the markets are doing instead of relying on the various talking heads and hedge fund managers.
In this episode, Tim and Matt talk with Jim Francis about his trading journey, his current thoughts on the market, and even Jim’s kids’ trading journey.
Notes
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