Join us on Average Joe Finances as our guest Rizwan Memon, an equities and derivatives trader with 18 years of experience. Rizwan shares his journey from starting trading at 16 years old with $5,000 to becoming a seasoned trader specializing in U.S. financial markets. He discusses his strategies, including the use of complex options and shorting techniques, and offers advice to new investors. Rizwan also emphasizes the importance of transparency, diversifying investments, and maintaining a balanced approach to money and life.
In this episode:
- Discover how starting early—even with limited knowledge—can build the foundation for long-term trading wisdom.
- Learn why Riz pulls profits from trading to diversify into real estate, protecting himself from market swings.
- Understand how technology has leveled the playing field, giving everyday traders access to tools once reserved for pros.
- Take in Riz’s biggest lesson: financial success isn’t just about returns—it’s about ethics, balance, and building a life free from debt and pressure.
- And so much more!
Key Moments:
00:41 Meet Rizwan Mein: The Equities and Derivatives Trader
01:19 Rizwan's Trading Journey: From 16 to Now
04:21 Navigating the 2008 Financial Crisis
06:49 Evolution of Trading Technology
09:37 Rizwan's Advanced Trading Strategies
15:51 Educating New Traders
19:29 Podcast Break and Sponsor Shoutout
22:44 Transparency in Trading
23:49 Challenges in the Trading Industry
24:31 Personal Financial Strategies
25:56 Leveraging Debt vs. Buying Outright
30:08 Final Round: Personal Insights
38:44 Connecting with Riz
40:23 Closing Thoughts
Find Rizwan Memon
Website: https://rizinternational.com/
Instagram: https://www.instagram.com/rizinternational/
Youtube: https://www.youtube.com/@RizInternational
X: https://x.com/rizmemontrades
Threads: https://www.threads.com/@rizinternational
Average Joe Finances®
All of our social media links and more: https://averagejoefinances.com/links
About Mike: https://mikecavaggioni.com
Show Notes add-on continued here: https://averagejoefinances.com/show-notes/
*DISCLAIMER* https://averagejoefinances.com/disclaimer
See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Are You A Charlotte?
In 1997, actress Kristin Davis’ life was forever changed when she took on the role of Charlotte York in Sex and the City. As we watched Carrie, Samantha, Miranda and Charlotte navigate relationships in NYC, the show helped push once unacceptable conversation topics out of the shadows and altered the narrative around women and sex. We all saw ourselves in them as they searched for fulfillment in life, sex and friendships. Now, Kristin Davis wants to connect with you, the fans, and share untold stories and all the behind the scenes. Together, with Kristin and special guests, what will begin with Sex and the City will evolve into talks about themes that are still so relevant today. "Are you a Charlotte?" is much more than just rewatching this beloved show, it brings the past and the present together as we talk with heart, humor and of course some optimism.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.