Pierce: the recent high school graduate…
Paul: Hi Pierce, how long have you been trading?
Pierce: I have been studying under DTS since late 2020 and actively trading for a little over a year now.
Paul: I understand you recently graduated high school?
Pierce: I am a proud graduate of the chaotic class of 2020! What a year.
Paul: What got you interested in trading?
Pierce: My father actually. I had never thought that trading markets could be a reliable source of income. I was skeptical, to say the least. After looking into trading more and being at some DTS events, I started to take a lot more interest in trading. It was clear to me that you know what you are talking about and practice the very things you teach every day. It made this idea of trading something that was real.
Paul: How long were you interested in trading before you got an education?
Pierce: I didn’t spend much time messing around before getting a proper education. I spent a few months watching YouTube or on the free stuff page at DTS. There probably isn’t a better free resource out there than the Free Stuff Page and that is what got me started; but taking the DTS Seminar Program really made the difference for me. That is what made me a successful trader.
Paul: How did you apply the education you received at DTS?
Pierce: Oh I love this stuff, I probably went overboard when I started to really focus on learning this. I completed all of the given manuals. I made flashcards. I made my own notes and synthesized every piece of information in the seminars. That way I could go through it every day. I broke the seminars up into various sections so I could focus on the things I hadn’t memorized yet. I basically made the home study course before it was created at DTS. I spent many hours studying, practicing on paper, attending events, looking at charts, and scanning. It takes work to be good at anything, and this is no exception, but it’s worth it.
Paul: What challenges did you face getting started with trading?
Pierce: One challenge is trying to find reliable information. Trading is full of ads and people who don’t exactly know what they’re doing. Weeding through all the junk to find an instructor or business that can provide you with the information you need is difficult. I can definitely say that if you were lucky enough to stumble upon DTS, or if you were recommended by someone, you’ve found a great place to learn.
Paul: So a big question, you have not been at this long, are you making money?
Pierce: I am. I’m doing quite well and consistently increasing my share size. With the knowledge and experience I’ve gained here at DTS I’m confident I’ll be doing this for the rest of my life and in any market environment. There really isn’t a limit to what I can do or make with trading, I can’t wait to see where it takes me in life.
Paul: What do your parents think of you trading?
Pierce: My father was the one who brought trading to my attention. So at this point, my whole family is proud members of DTS! We even break out the popcorn and sit down together for the different educational events.
Paul: What advantages do you see being a trader?
Pierce: There are almost too many to describe. The biggest one for me is that I can work for myself. There is never a question of whom I answer to, how much money I can make, or how many hours I work. Everything is up to me and that independence is something I’ve always wanted in a career. Aside from that I always have a job. So long as there are markets to trade I’m capable of making money. All I need is a laptop and an internet connection. I can’t think of a better job in life.
Paul: How do you spend your day time-wise?
Pierce: I spend the mornings trading and am done by 11:30 am. By then I’m walking away from the keyboard to manage out positions and get some fresh air. I’ve been making an effort to use that time to get some exercise, study, or better my life in some way. I’m out of all positions by 4 pm to then track the data, and get an evening scan done for the next day. After that my night is almost always free to spend time with friends and family, practice tennis, or do anything else I want to.
Paul: Final question, what are your future plans?
Pierce: I have a lot of things I want to do while I’m still young. I want to be able to travel, play competitive sports, learn new skills, and spend my time with people I care about. But one day, I want to teach this stuff. I absolutely love trading and I want to be able to share the knowledge that truly changed the direction of my life. I think I’d be really good at it. So that may not be soon but is definitely in my plans for the future.
Paul: Thanks Pierce, I enjoyed your comments and I know your success will continue.