In this interview, Tim Justice, the host of the Trading Justice Podcast, interviews a trader from our community, Slawek Jurasek, with 5 fast questions about how why he became a trader, how he’s developed his trading edge and what his trading goals are.
1️⃣Why did you get into trading?
2️⃣What is your trading edge?
3️⃣What is your daily routine?
4️⃣What are your trading goals for the future?
5️⃣What advice would you give a new trader?
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Tim: All right and I am back for another interview with one of my trading friends here I’ve got Slawek you’re a Czech and I always ask you every time I say your last name did I say it right Slawek
Slawek: Pretty close
Tim: Jurassic
Slawek: With silent J then there is in my last name but Jurassic just like the movie is fine I will turn around if you call me “Hey Jurassic” I’ll turn around
Tim: You are too polite alright anyways I’ve known Slawek for a long time he actually went through some of the same training programs I did when I was a new trader over a decade ago Slovak and we’ve had many of the same mentors, you’ve been on our halftime report a tackle trading long-term member of our community welcome back brother five questions you ready
Slawek: I’m ready
Tim: Number one why did you get into trading
Slawek: So I sold my apartment in Poland I had a big chunk of money in my hands and I was wondering what to do with it and somebody told me oh go and invest in stock market and I did by mistake I made a bunch of money at the beginning and when I started losing I started looking for education and me found you guys pretty much yeah
Tim: That’s awesome number two and what you’re is that by the way
Slawek: Oh eight oh seven oh eight oh nine somewhere that I’m not sure
Tim: Right before the big crash
Slawek: Yeah right in the middle of the big crash I started looking I started trading a little bit before but when it all went down south I started looking for help
Tim: What is your trading Edge
Slawek: Day trading I day trade for a living I found out during my trading career that I’m horrible at hedging I can’t sleep at night with big positions in my account so I turned to day trading
Tim: Interesting number three and this will kind of probably lead in that last question what’s your daily routine
Slawek: Find stacks well besides the gym and all the stuff I think that’s important so you go to the gym before you trade I go to the gym yeah get my blood flowing I go at 6:00 then I come home to have my breakfast and start looking for stacks that might
be in play and I have an edge potentially bigger than expected move on the day earnings news driven SCC driven stacks that what that’s what I’m looking for in the morning
Tim: I know this kind of maybe not what you’re expecting but do you notice a difference when you don’t go to the gym before you trade when you do
Slawek: Oh absolutely my losing days most likely will happen then when I wake up a quarter to nine and try to make a living
Tim: And then you trade the market open you live on the East Coast time zone right
Slawek: That’s right I trade from 9:30 to 11:00 and that’s the main time frame that I stick to that’s the most profitable time for me
Tim: Awesome what are your trading goals for the Future
Slawek: it’s funny you ask I opened a brand new account with margin and all that jazz six thousand dollars worth of cash will leverage I’m looking to turn that into six thousand dollars every month and the big-time goal is maybe hit 160 thousand dollars this year
Tim: Mm-hmm awesome and first of all very specific financial goals does that usually help you reach and hit your goals when you’re more specific about how you’re building them
Slawek: Absolutely because I can break it down you know monthly weekly daily and then per trade right now I know how much I have to make per trade to on average to hit my goal at the end of the year
Tim: Very good and last one here what advice would you give a new trader watching this right Now
Slawek: I always say that double your demo account and practice practice practice because you can read a hundred books and without the practice, they’re worthless in my opinion
Tim: Slawek Jurassic let me try it once right give it to me one time I’m pretty good with names cuz I’ve traveled enough give me one good shot out of this
Slawek: Okay break it in three you check Jur-A-Sek there you go
Tim: I could be polish alright Slovak you’re a good man I appreciate you and if people want more information about you. You’re on Twitter Instagram
Slawek: I’m on Twitter Instagram Facebook I got my website yeah, tradingrules.EU from the European Union, not com EU tradingrules.EU
Tim: Very good all right Slawek very good having you and I appreciate all the input good job, Bud
Slawek: Thanks
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