Fari Hamzei, Founder of Hamzei Analytics LLC, was named Stock Market Timer of the Decade. His strict upbringing and humble beginnings have shaped this dynamo into one of the greatest traders you will ever meet. Fari begged us to dispense with titles and accolades and would prefer to focus on experience and performance in the trading world. In this episode of How To Trade It, Fari shares how he got into trading, the importance of building relationships, and so much more. You don’t want to miss it!
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You’ll want to hear this episode if you are interested in…
The Market is Crashing!
Advice from a good friend, on the day of a huge market crash in March of 1980, began a long and profitable career in trading. Fari had to scramble to even open up an account, but his determination paid off. In just six weeks, his account was up 30%!
Investing beyond simple stocks
If you want to invest in an index, rather than just a single stock, you better make sure you understand the components.
The importance of having and being a mentor
After 40 years as a trader, Fari still has mentors, and is actively mentoring younger traders. He says that you need to choose a mentor that can change your life story. Fari believes that there is always someone better than you, so you would be wise to learn from them. And, he’s very selective about who he is willing to invest time and energy into because his own time is incredibly valuable and limited.
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