Meet The Teen Traders Trying To Take Over The Finance World
- Thread starter Banjo
- Start date
Hmmm....I'm around the same age as these guys, I might just reach out to them.
yeah, we have him
http://elitetrader.com/vb/showthread.php?s=&postid=3113465#post3113465
http://elitetrader.com/vb/showthread.php?s=&postid=3113465#post3113465
These kids remind me of ET. Everyone wants to run a hedge fund, even at age 12. Jesus man, what's going on in this world. I've always suspected there is a rather large contingent of really young people on ET. I think this article reaffirms that. Amazing how many times PTJ came up as an idol being that there is so little written about him outside of the market wizards interview.
16 year old trades oil and gold futures, wtf!!
Mohammed Islam, 16, got introduced to penny stocks by his cousin when he was 11 years old. He likes to trade oil and gold futures these days.
Photo courtesy of Mohammed Islam
Location: New York, New York
Investing Style: My main markets now are Crude Oil futures and Gold futures and I trade small to mid-cap equities when the futures donât present a good trade. I trade mainly based on volatility and volume. My strategy revolves around price-action trading and some macro.
Favorite Book: Reminiscences of A Stock Operator by Edwin Lefevre
Role Model: "I would have to say that Paul Tudor Jones is a really big inspiration to me because of his determination and talent. Mr. Jonesâ personality and technique are what make him so successful and I aspire to become even 1% of the man he is. He went through obstacles, yet still came out on top."
Major Accomplishment: "When I learned that I needed discipline, a strategy that had been back tested, and enough capital, I buckled down and made sure I didnât make one more trade until I had done that. I traded using my plan and didnât go astray and followed the cardinal rule of minimizing losses and maximizing profits. This made me profitable and to this day I look upon that as a major goal I accomplished.
Mohammed Islam, 16, got introduced to penny stocks by his cousin when he was 11 years old. He likes to trade oil and gold futures these days.
Photo courtesy of Mohammed Islam
Location: New York, New York
Investing Style: My main markets now are Crude Oil futures and Gold futures and I trade small to mid-cap equities when the futures donât present a good trade. I trade mainly based on volatility and volume. My strategy revolves around price-action trading and some macro.
Favorite Book: Reminiscences of A Stock Operator by Edwin Lefevre
Role Model: "I would have to say that Paul Tudor Jones is a really big inspiration to me because of his determination and talent. Mr. Jonesâ personality and technique are what make him so successful and I aspire to become even 1% of the man he is. He went through obstacles, yet still came out on top."
Major Accomplishment: "When I learned that I needed discipline, a strategy that had been back tested, and enough capital, I buckled down and made sure I didnât make one more trade until I had done that. I traded using my plan and didnât go astray and followed the cardinal rule of minimizing losses and maximizing profits. This made me profitable and to this day I look upon that as a major goal I accomplished.
There's also the Trader documentary that resurfaces online every now and then.
"In 9th grade English class he bought 100 shares of Citigroup using his iPhone. He bought it for $3 per share and then the stock shot up to $40 after doing a reverse split. He thought he made a bunch of money until he learned what a reverse split was"
