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Andrew Aziz (Ph.D., PEng), a best-selling author, trader, and founder of Bear Bull Traders shares how he made a name in the industry.
Andrew Aziz earned his Ph.D. in 2009 in chemical engineering and started working as a research assistant immediately. Things didn’t go as planned and seven months later, he was laid off. The company had to go through some changes that resulted in him and several others losing their jobs. This was a turning point in Aziz’s life as it dawned on him that life was unpredictable and he wasn’t sure he wanted to go through the same experience again.
“This was the moment I realized that the world doesn’t owe me anything. I have to make it for myself,” says Andrew.
He decided to take trading seriously and focused on learning the ropes. Suffering huge losses was a given, considering his lack of experience, and within five months he ended up losing all of his money from the severance package. Things got out of hand and he had to take another job so that he could pay the rent.
However, Aziz had an advantage; his time zone. He lives on the west coast of Canada in the Pacific Time Zone, which means that the markets open at 6:30 am. He was able to trade in the morning before leaving to work at a 9-5 job.
Andrew’s mornings start at 4:30 am, and by the time the market opens, he has caught up with the overnight news and has developed a solid game plan. Within an hour or so he wraps up his trading for the day.
“I’m in the habit of stopping trading after I make my daily goal, because I know I’ve done that a lot. If I keep trading, I lose my morning profits,” shares Andrew Aziz.
Andrew kept up with this same schedule for a little over a year, as he wasn’t consistent in his trading to be sure of making a living out of it yet. He strongly advises having a job that pays the rent during the learning curve. He also believes in starting with at least three months of trading simulation, and after that go live but make sure to keep it small. If in case you’re consistent in your live account, then every two weeks increase your share size.
These strategies are what have made Andrew the best in the game, and he swears by them. Moreover, he has successfully created a community of independent traders that help members gain profits through learning the ins and outs of trading and achieve their desired profits.