044 – How to Be More Disciplined In Your Trading from – Interview w A.J. Brown

Download your free copy of “Break the Cycle” and interrupt the patterns of the past so you can stop giving back your profits —}  https://insideouttrading.com/break-cycle/

————————————–

A.J. Brown is widely recognized as “the world’s most disciplined option trader.” He has been actively trading equities and options since 1997, and has published daily insights for his Trading Trainer program participants every single night, 5-days a week, since 2002. 

He is the author of the wildly successful e-book called “The Seven Strategies of Successful Options Traders” and his home study courses and video series can be found in the libraries of the most successful investors and often times referred to by them as their secret weapons. Trading Trainer is based out of Fort Collins, Colorado, and A.J. spends equal time at each of his three homes in Colorado, Washington, D.C., and Myrtle Beach, South Carolina. 

Watch it here on YouTube —> https://youtu.be/xYJw9TfBXgA

Show Notes

  • A.J. reflected on his childhood raised by a single mother and shared how her financial savvy and investment strategies, particularly investing in Treasury bills, influenced his early exposure to financial management and investing.
  • He shared his journey of trial and error in trading, forming a mastermind group with fellow traders, learning from different perspectives, and eventually turning this into a subscription-based email service by 2002.
  • He emphasized the importance of having a diverse playbook of trading strategies.
  • A.J. discussed that understanding human psychology is crucial when dealing with financial markets.
  • A.J. talk about his motivation behind creating Trading Trainer as a means to create a lasting legacy.
  • A.J. shared insights into the capital needed to effectively start trading options, suggesting that while some individuals begin with as little as $800 to $1,000, a more substantial amount of $5,000 to $10,000 is ideal to establish critical mass in trading.
  • A.J. emphasize the importance of risk management and on how risk assessment and position sizing are often overlooked. He mentioned how traders often neglect risk management, focusing more on the excitement of potential gains rather than considering the potential downsides.
  • He stressed the significant of understanding correlations, sector influences, and overall market trends when making trading decisions.
  • A.J. discussed the significance of comprehending the investor avatar associated with a particular stock. He noted that understanding the type of investors involved in a stock can provide valuable insights into its potential movement.

This podcast is brought to you by https://www.insideouttrading.com, where the focus is specifically on CONSISTENCY, so you'll find all sorts of unique resources to help you trading profitably and with confidence.

About the podcast

How to connect 

What’s important to you about trading?  Comment below

Break the Cycle of Making Money and Giving it Right Back!

Questions? - Call Us:

(719) 299-0678

Book a Call with Brian

Disclaimer

Trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the markets. Don't trade with money you can't afford to lose.

This site is for educational purposes only and is not intended to induce anyone to initiate any investment or trade. No promises are being made with regards to profit or loss here. Your trading results are entirely your own responsibility.

Copyright Inside Out Trading and New Ireland Ventures, LLC. All rights reserved.