WTFinance Why Anyone Can Make Money Investing with Erik from esInvests
Interview recorded - 2nd of September 2022
On todays episode of the WTFinance podcast I had the privilege of speaking with Erik @esInvests - Self Made Millionaire and Investing & Trading Youtuber.
During the interview we spoke about the importance of consistency, how beginners can get into options trading, misconceptions about the market and current thoughts about the Macroeconomic environment. I hope you enjoy!
0:00 - Introduction
0:21 - Erik’s background?
4:15 - Any certain asset class or derivatives that Erik trades and how has that evolved throughout his career?
6:35 - Where does Erik’s trade ideas come from?
9:20 - Yearly and monthly goals?
12:45 - The importance of consistency
15:00 - Trades in core and speculative portfolios?
17:40 - High liquidity in option markets
22:00 - What is a covered strangled?
25:30 - How beginners can get into options trading?
30:00 - Misconceptions about derivatives and options?
34:15 - Current macroeconomic trends Erik is analysing?
40:35 - Waiting for a trough?
42:00 - Any unique opportunities in the market?
47:10 - One message to take away from our conversation?
Erik didn't come from money and had a single mom that worked 2 jobs to provide for himself and his brother. He says he is nothing special, yet he is a self-made millionaire. Erik is a Marine veteran, information activist, derivatives trader (15+ years), and investor.
His 3 Goals :
1. Share Knowledge. Share his experience without the typical finance bs. From investing basics, to options trading, portfolio management, and stock market updates.
2. Develop Community. Lead the Outlier Community committed to HELPING one another grow
3. Connect Resources. Bring in experts from different fields to share their experience
Erik -
YouTube - https://www.youtube.com/c/esInvests/featured
Blog - https://www.esinvests.com/
Twitter - https://twitter.com/esInvests
WTFinance -
Instagram - https://www.instagram.com/wtfinancee/
Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
TikTok - https://vm.tiktok.com/ZMeUjj9xV/
iTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
Linkedin - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas
Thumbnail Picture - https://time.com/nextadvisor/investing/cryptocurrency/dollar-cost-averaging-crypto-investing/