• Podcast Interview with Andrew Petrick - Active Stock Trader

    The following podcast is an interview with Andrew Petrick who does Active Stock Trading each day for a living!! He's unique in that he is able to make money each day using a software system as a guide to help him pick which stocks have a good chance of being on an upward movement when he decides to purchase them.

    The other reason why this interview is good is that it illustrates another way that people can earn money in the comfort of their own home. With some training and an initial sum of money, the average person can earn "grocery money" and more with relative ease each day!!

    We covered these questions in the in this interview:
    1. What is the difference between investing in mutual funds and investing in stocks
    2. What is the difference between investing and trading actively
    3. Is active trading safe?
    4. Why do day traders often lose all their money?
    5. What kind of rewards can you expect from active trading


    Andrew Petrick - Active Stock Trader
    Listen Now! Duration: 8 Minutes
    Listen Now! Duration: 8 Minutes
    Listen Now! Duration: 8 Minutes
    Listen Now! Duration: 13 Minutes



    Andrew has been involved in and around the stock market for around 23 years and is very knowledgable about how to make money with active trading. He wrote a little about his experiences with the stock market over the last several years.

    Solving the Big Compromise
    Andrew PeTrick's Investment Story
    I have seen both fortunes built and fortunes lost, sky-high joy and gut wrenching pain. I saw that without guidance, the typical client would make nice gains for awhile but ultimately end up with large losses. Some few understood the reason for their investment success but almost no one could make sense of their losses.

    Further, I hated how that without contrarian intervention, like my own, the typical client was systemically pressured into small gains and large losses. That just seems to be the nature of individual investment houses and the entire wealth management industry.

    I began in the stock market in 1984 as a broker. I grew with my company as we morphed from a small entrepreneurial boutique into Canada's largest investment dealer. I quickly became a senior vice president and was consistently ranked in the top 5% of all investment advisers in the country. I was presented the President's award five times and the Chairman's award once. My client portfolios' grew and they brought me more and more money.

    After a dozen years of this kind of success I left the business. I was disturbed with the compromises my industry had been forcing upon our clientele. I was weary from defending my clients from a bureaucratic machine that systematically fleeced them and pressured the advisers. I was most unhappy with the helpless, dependent nature of the average investor.

    So I went back to school to learn the true nature of business relationships and from them, how to consistently produce high corporate growth. As I did my MBA, I set out to change the unfair equation between individual investor and brokerage house.

    Upon graduation, I went to work for a company that specialized in investment education. I soon learned that education and book learning alone was inadequate. It yielded neither skill, nor personal prudence. Individuals needed to learn how to trade and invest in the real world.

    To my delight, I found and joined a company that gave individual investors both system and tools - - in which to develop and utilize their own personal judgment in making large profits. Instead of the investment industry goal of striving for an 8 to 12% return per year, I have found clients learning to achieve a 2 to 5% return per week. At last, I have been directing investors to now take root in self - - to both protect and dramatically grow their capital.

    Since 1984, my goal has been to educate helpless, dependent investors to become strong and independent - - rooted inside as their own expert taking advantage of their own best judgment. Now, there is a way to consistently compound small returns into large profits, while keeping any potential losses small. No longer is high growth with safety an oxymoron. Investment success comes down to skill education plus personal discipline. -

    Written by: Andrew Petrick - Active Stock Trader



    Article Created: 2007-10-19
    Article Updated: Not yet updated.

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