Growing up I was always fascinated by the stock market and my dream was to become a stock broker. I attended Oregon State University with a Finance concentration. It wasn’t until 2005, my sophomore year in college, that I got involved in the stock market when my aunt received a “hot tip” on a biotech company called Cytomedix ($CMXI) that was supposed to be the next big thing. Who knows what was going to happen, I didn’t , and my aunt didn’t even though she believed the hype…. It was just some family friend of hers and my whole family got hyped about this stock pick because everyone believed the fantasy that is stock was a lock to blow-up.
Just so happened that my grandfather had recently just passed and my family/relatives inherited a $1/2 million. So of course, everyone was hyped up about this stock and put the majority of that money allllll into this one stock. I also got pumped up about it and decided that I was finally going to start learning how to trade stocks. So I sacrificed driving a BMW M3 and sold it so I could have money to learn how to trade stocks and begin my journey with $10,000.
I ended up buying this stock, even my girlfriend at the time bought some too because it was a “sure thing” but none of us had a clue what we were doing. Around this same time I became a member of a website 3stocksonfire.com which is a similar service to what I do today and I began learning more about how to trade stocks and basically built the foundation of what I do today but has evolved greatly over the last decade.
So everyone bought this biotech stock around $4 share and it rose to $6 about a month or 2 later. Everyone is pumped up and thinking this stock is going to $20+. But I was bored, I wanted to learn how to trade stocks, not invest in some low-priced speculative stock. So I sold the stock, made good profits, and didn’t tell anyone in my family or my girlfriend at the time.
I woke up a few weeks later to see $CMXI was trading at $0.50 cents; when the previous day it was around $7/share! Turns out they had a bad PR issued early that morning about how whatever drug they were working on wasn’t actually working. Pretty much that ½ million inheritance was wiped out in a day. Hello! Welcome to the stock market. I thankfully sold just weeks before. I knew I didn’t know what the hell I was doing and wasn’t long before I lost it all anyways trading highly risky penny stocks.
After about a year of refining my skills and gaining confidence I became a very popular member @ 3stocksonfire.com so I decided I would start my own stock trading service in 2006 thetechnicaltrader.net. The goal was to creating a service to help those willing to learn my strategy and avoid all of the pitfalls I experienced trying to learn.
As the years passed I began to master a strategy that anyone could learn and worked; if you implemented it correctly. My only problem in the beginning was that I had a tough time not following my own strategy! Sounds crazy but it was true. I was making highly risky trades trying to hit that home-run. It took me 3 years of screwing around and realizing what not to do before I ever started making real money trading. I blew up my account twice. Lost my initial $10,000 and then saved up another $5,000, lost all that… saved up another $5,000 again and finally began to actually stick the my strategy. I knew it would as long as I stuck to my trading plan with discipline. What kept my head in-the-game is I knew that being an actice stock trader was what I wanted to do as it was fascinating to me and even a little addicted to it. I knew there was light at the end of the tunnel and I refused to give up.
I ran thetechnicaltrader.net for 2.5 years for free and I built a highly respectable reputation as one of the best stock pickers with small-cap and penny stocks. So I had a choice to make as all of us do…either focus on graduating college and work for a financial firm or avoid the typical 9-5 life and trade stocks and spread my passion and knowledge to others with my business. So I took that leap of faith and believed in myself and announced to my following that I’m going to start charging for my website membership. The very first month of running a paid service I made $30,000 with people who believed in what I had to offer and agreed to pay for my stock picks many after years of using my service for free. It was a great and satisfying feeling and I was in shock like wow… this is real, I was slightly unsure of myself if people would actually pay for what I had to offer, I was a young 23 year old but after seeing how many people in my following signed up I knew I had a unique talent.
That confidence was quickly taken away by some scary turn of events as we witnessed the biggest financial melt down in history, the 2008 market crash. The largest finance firms in the world were crumbling and so were any sort of business you could think of and this was scary. I thought my business was going to fail and it nearly did but I still refused to give up! The market finally bottomed and I made $100,000 in about 9 months! The financial melt-down was scary and I wasn’t prepared for anything like that. I’m glad it happened. Because now I am fully prepared and confident It will not affect me like it did last time if and when we go thru something like that again. It forced me to adapt.
Fast forwarding I began using a website that tracks and verifies all of your trades and have made $820,000 since the writing of this from 2011 trading my strategy literally just a few hours/day. I rebranded under the name Fousalerts.com at the same time and have built a full-fledged educational website offering full training courses known as the FOUS4 as well as offering real time hands on trading with FousTV every day.
I have had 1000’s of students worldwide and created many successful students who have used the FOUS4 strategy to make thousands of dollars from college students, people working full time, to retirees. I’m regarded as one of the best at what I do and one of the very few that have a long rack record after doing this for more than a decade. I made a lot of mistakes in the beginning, pretty much every mistake in the book. My goal now is to teach people how I finally became successful as a trader and help them avoid going through all the hurdles I faced in the beginning and fast track YOU to success.