Chat With Traders 297 · Cody Yeh - Slow, Medium, and Fast Money Strategies
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Apr 10, 2025 Cody Yeh, a Canadian entrepreneur and investor, shares his journey from engineering to full-time trading success. He discusses the ins and outs of options trading and emphasizes risk management and diversification as key to financial stability. With insights into market volatility, Cody debunks misconceptions about passive income in trading and highlights the value of community over solitary trading. His experience during the meme stock craze serves as a reminder to prioritize long-term strategies amid market noise.
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Cody's Early Life and Move to Canada
- Cody Yee, growing up in Taiwan, excelled in sports but lacked financial education.
- Moving to Canada at 18 for university forced him to confront financial realities and responsibilities.
Introduction to Investing
- Cody chose engineering for its perceived stability, not passion, after arriving in Canada.
- He began exploring investing during his second year, opening a small account with boring bank stocks.
Early Trading Experience
- Cody shadowed a day trader in Taiwan for two years, focusing on technical analysis.
- The first eight months resulted in losses, followed by a modest 66% gain in the second year.