EP21 // Peter Davies (Jigsaw Trading) on Outperforming His “Financial Advisor”

Peter's trading story started like the story of countless people before him. He lost a ton of money by trusting a "financial advisor." But unlike most people, he decided to take matters into his own hands. Find out how he learned to trade, what didn't work for him and who his mentors where.

The post EP21 // Peter Davies (Jigsaw Trading) on Outperforming His “Financial Advisor” appeared first on Trading Heroes.

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Peter Davies' backstory is all too common, unfortunately. At 35 years old, he lost about 30% of his net worth in the stock market.

He was working in IT at the time and knew nothing about trading or finance. His college degree was actually in IT.

To add insult to injury, his financial advisor told him that they did well that year because they beat the index. The “financial advisor” even had the balls to charged him a management fee.

That is where the story ends for most people.

But not Peter, he decided that he needed to learn out how to invest for himself. He figured that if he was going to lose all his money, it would rather be completely responsible for it.

So began his investing career.

Well, invest is the wrong term. He actually day trades the S&P eMini futures.

It can be a bit of a crazy market, but out of all the trading stories I have heard, traders in this market can be some of the most consistent, on a day-to-day basis.

In This Episode

Why discretionary trading was the way to go for him
How long it took him to learn to trade profitably
Why trading was a nightmare, when he first started
How his IT skills actually prevented him from becoming a full-time trader
His greatest strengths and weaknesses as a trader
How being an expat burned his bridges and set him up for success
Learn his trading strategy
And more!

Click Play to Listen to the Interview

Resources Mentioned

Jigsaw Trading – Peter's primary website
Jim Dalton
Richard Joyson
Joel Parker
JPJ Trading
Kam Dhadwar
John Grady
Futures Trader 71
Gary Nordon
Golf is Not a Game of Perfect
No BS Day Trading

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The post EP21 // Peter Davies (Jigsaw Trading) on Outperforming His “Financial Advisor” appeared first on Trading Heroes.