044 - How to Be More Disciplined In Your Trading from – Interview w A.J. Brown - Consistent Profits Podcast

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044 - How to Be More Disciplined In Your Trading from – Interview w A.J. Brown

December 21, 2023 • 45 mins

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A.J. Brown is widely recognized as “the world’s most disciplined option trader.” He has been actively trading equities and options since 1997, and has published daily insights for his Trading Trainer program participants every single night, 5-days a week, since 2002.

He is the author of the wildly successful e-book called “The Seven Strategies of Successful Options Traders” and his home study courses and video series can be found in the libraries of the most successful investors and often times referred to by them as their secret weapons. Trading Trainer is based out of Fort Collins, Colorado, and A.J. spends equal time at each of his three homes in Colorado, Washington, D.C., and Myrtle Beach, South Carolina.

Watch it here on YouTube ---> https://youtu.be/xYJw9TfBXgA

Show Notes

A.J. reflected on his childhood raised by a single mother and shared how her financial savvy and investment strategies, particularly investing in Treasury bills, influenced his early exposure to financial management and investing.
He shared his journey of trial and error in trading, forming a mastermind group with fellow traders, learning from different perspectives, and eventually turning this into a subscription-based email service by 2002.
He emphasized the importance of having a diverse playbook of trading strategies.
A.J. discussed that understanding human psychology is crucial when dealing with financial markets.
A.J. talk about his motivation behind creating Trading Trainer as a means to create a lasting legacy.
A.J. shared insights into the capital needed to effectively start trading options, suggesting that while some individuals begin with as little as $800 to $1,000, a more substantial amount of $5,000 to $10,000 is ideal to establish critical mass in trading.
A.J. emphasize the importance of risk management and on how risk assessment and position sizing are often overlooked.
He stressed the significant of understanding correlations, sector influences, and overall market trends when making trading decisions.
A.J. discussed the significance of comprehending the investor avatar associated with a particular stock.

This podcast is brought to you by https://InsideOutTrading.com, where the focus is specifically on CONSISTENCY, so you'll find all sorts of unique resources to help you trading profitably and with confidence.