Chat With Traders

164: Nick Fabrio – How to Scalp ASX Stocks and Make a Pretty Penny

Aug 1, 2018
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ANECDOTE

Pre-Trading Ventures

  • Nick Fabrio worked at The Star casino dealing chips, finding the depressing atmosphere and unusual hours difficult.
  • He later sold cars and co-founded a frozen yogurt shop, gaining valuable business experience.
ANECDOTE

Frozen Yogurt Venture

  • Nick and a friend started a frozen yogurt shop, learning about retail's challenges and niche markets.
  • They faced setbacks like roadworks but won a business award and eventually sold the business.
ANECDOTE

Business Sale

  • Selling the business covered their debt, but they clashed with a broker over commission.
  • Nick successfully negotiated a lower commission, feeling relieved to have the business behind him.
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