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Aaron Fifield

๐Ÿ‘ค Speaker
131 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

Anyone who's attempted to trade or is in the field of trading knows that is extremely difficult, just like entrepreneurship and business and that type of thing.

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

you know, most people will struggle for at least three, four or five years before they really see, um, any type of consistency or success.

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

You know, that's a bit of a generalization, but you know, it's not far from the truth.

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

Um, so here I was, I was trying to trade, um,

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

was pretty frustrated with my lack of progress to be quite honest and I kind of had maybe I guess you could call it an epiphany one day and I was like I'm here trying to learn how to trade I want to be a successful trader yet I don't know any other traders so I always use the analogy that you know let's say you wanted to be a mechanic

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

You would hang around with people who talk about cars, who love cars, who work on cars and are probably mechanics themselves.

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

Here I was trying to be a trader, yet I didn't know a single trader, let alone a trader who had more knowledge and insight and could pass down some lessons.

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

Nothing major.

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

Like I don't have any like major failure story within trading yet.

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

Touch wood.

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

But I just want to understand volume before you do that.

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

Are we talking 10 grand or a hundred grand or a million or what?

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

I put $5,000 into a trading account and have been, I guess you could say actively trading that $5,000.

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

Well, I guess the movies definitely make it look a lot more glamorous than it really is.

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

So, if you speak to a professional trader, most of them will tell you that successful trading and profitable trading

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

approach, I have never really got into day trading myself too much.

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

I take more of a swing trading approach where I might buy a position, I may hold it for a few days to maybe even a couple of weeks.

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

So that doesn't take, once you're into a position, it doesn't take a lot of actual managing of that position.

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

But people, you know, those who are day trading, yes, they've

SaaS Interviews with CEOs, Startups, Founders
Is He The Worlds Youngest, And Smartest Investor with Aaron Fifield

They do wake up every day and, you know, at their monitors from market open to market close and then probably a little bit before and after as well.