Replace Your Income with Options How to Find A Winners’ Edge with John Meli, Ep #37
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John Meli’s dad was a racecar driver. So John grew up believing that he had no limits. If someone else could do something—so could he. John worked in construction and things were going well until the recession hit in 2008. He went from making $16,000 a month to barely getting a neighbor to pay him $50 to paint a room. He asked some friends about the stock market and decided to give it a try.
He played around with penny stocks in the stock market. Then he got hooked on Forex. He put money into it without knowing what he was doing and he blew two accounts. But he emphasizes that he isn’t a quitter. He doesn’t give up. He believes if you are willing to walk away, you don’t have what it takes to be a trader. So what path did he take to turn things around and become a profitable trader? Listen to this episode of How To Trade It for his story!
You’ll want to hear this episode if you are interested in...
- [1:12] John’s backstory: construction to trading
- [5:30] The biggest challenges John faced
- [7:19] Dealing with discouraging losses
- [14:39] How Winners Edge Trading changed the game
- [19:26] How John manages multiple accounts
- [21:55] Managing accounts for cashflow
- [24:15] John’s trading strategy
- [28:38] John’s experience teaching others how to trade
Resources & People Mentioned
Connect with John Meli
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