096: Nico, @InefficientMrkt An Eight Year Overnight Success Story, and a Thirst for Momentum

Published: Oct. 27, 2016, 7:23 a.m.

b'Nico (@InefficientMrkt on Twitter) is a day trader with a thirst for momentum. He predominately trades low-priced stocks that have a tendency to move fast and far\\u2014and roughly 90% of his positions are on the short side.\\nBut the main reason why I brought Nico onto the podcast, is I feel as though he has a story which many traders will be able to relate to, on one level or another\\u2026\\nThe short of it is; Nico placed his first trade in 2007, made 4x on his starting capital year one, and then slowly bleed his trading account for the next seven years. He\\u2019s now found his groove, but his overnight success was eight years in the making.\\nThis episode is very much centered around Nico\\u2019s journey and development as a trader, and how full-time trading became more than a pipe dream.\\n--\\nSponsored by Darwinex.com: Each month, Darwinex invest \\u20ac1,500,000 with their top performing traders! Learn more about Darwinex here.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'