In this episode, I had the pleasure of speaking with Eduardo, a seasoned trader with a fascinating journey. Eduardo shared his early life growing up in Caracas, Venezuela, and how his initial interest in the stock market was influenced by Wall Street and the adrenaline rush of trading. Despite starting in engineering, Eduardo's passion for finance led him to pursue an MBA and eventually dive into the world of trading.
Edu grew his trading account to $1.6m. In this episode we get some hard truths and great lessons from a trader who started from nothing, saw rock bottom and turned adversity into greatness.
Time Stamps Below
00:00:00 - Introduction and Opening Remarks
00:00:39 - Eduardo's Early Life and Background
00:03:37 - Professional Journey Before Trading
00:05:08 - Discovering a Passion for Trading
00:07:10 - Choosing Stocks Over Other Assets
00:09:41 - Changes in the Small Cap World
00:13:02 - Challenges with Hard-to-Borrow Stocks
00:14:07 - Early Challenges in Trading
00:17:45 - Managing Expectations and Setbacks
00:23:01 - Overcoming Financial Pressure
00:28:05 - Turning Point in 2020
00:33:20 - Learning from Blown Accounts
00:36:50 - Building Mental Capacity to Size Up
00:41:24 - Future of Trading and AI
00:47:52 - Closing Tradition and Final Advice
00:49:09 - Where to Find Eduardo and Upcoming Events
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