After posting on Instagram asking for subjects people were interested in, it appears that quite a few of you would like to know more about me – kinda weird but okay, let’s dive into the more personal side!
I’m Max, been to 32 (or is it 33…) countries, I’m young, drink way too much coffee and like meditating and deep conversations. Anyway, this isn’t my tinder description thankfully.
Anyway, to skip to the more interesting parts I guess 🙂
I was extremely lucky to be born in my family, (well born at all knowing the odds being born stand at 1 in 400 trillion) because my parents are English, but were living in France and had their own business in the wine trade. So that helped me become bilingual without really trying and put me ahead.
Plus, I was especially lucky since they love travelling and brought me along in many of their travels abroad, which really helped me expand my openness to the world and understanding of different cultures.
That being said, since you’re here you probably don’t really care about those amazing travels and early age but would want to know more about my passion in Finance?
I actually got interested in the industry really early since a broker took me to school one day in a soft top jaguar e-type, since then I’ve been keen to learn more about stocks and the world of finance!
First stock I made my dad buy was of Blizzard, mainly (entirely) because I spent countless hours playing World of Warcraft as did millions of other people – turned out to be a really good call so kinda proud that being a geek helped me make money 😀
More seriously tho, I started learning more and more about FOREX thanks to Babypips which is a fantastic free resource that I would recommend everyone to go through, but don’t expect them to give you any holy grail or anything like that, but they will cover most of the bases! FinVids was also an amazing free resource that helped me out a fair amount!
So yes, it’s actually possible to learn and get started for free (on top of YouTube videos) in the FX world, but I quickly realized I’d be way better off if I was to join a course, so I ended up joining Infinite Prosperity which was really helpful, I’m not going to vouch for it today because it’s been a while I left and I have no clue if they made changes… BUT it provided me with loads of learning opportunities and help me see my first few months of positive returns which was more than nice!
After being part of Infinite Prosperity for several years and being subscribed to “Active Trader” and “Live Trader” I came to realize that I was relying too much on other people analysis so I decided to jump ship
After a few months trading by myself I decided to join Falcon Trading to keep improving my skill and learn more since remaining a student and having an open mind was really important to me!
I ended up losing a fair amount the first two months after joining so I do wish I hadn’t kept trading with the same account size before even building my trading plan and backtesting it… I was overconfident! But hey, more than two years later I’m still in the community so something must be right!
It’s all about finding a style that fits your personality and then going from there, if you are happy with your trading that’s great, stick with it and push it even further!
Now I also got a fair amount of questions about studying at a good university (McGill) while also learning how to trade so I’ll address those
Do I recommend going to university if you already know that you want to go full-time?
YES, If you can go to university for free or your parents are offering to pay for it you should absolutely go for it – many people are saying you should drop-out and never go, sure you can do that, if you really need to spend all your time on your already successful business and you already know you want to do that.
It’s now become cool to “drop-out” and say that university is bad – but that’s just falling to a trap of online courses that are more or less all copies of each other…
Are you going to learn loads of things? Maybe not, but you’ll meet amazing people, have the opportunity to live in a different country, learn a new language, get a higher paying job than a waiter, get black out drunk and network. Good days if you ask me 🙂
It will also teach you the importance to debate, present your findings and write, which is something that is lacking today. It’s quite funny to notice that most people that are against university aren’t able to debate on the subject, maybe because they never practised?
Will you have time to work on your trading on top of university? Absolutely! I had the time to pass all my classes (okay I had to re-take maths, fucking hated that class)
Sure you probably won’t get the best grades if you are simultaneously trading, running a failing business, and doing some work on the side, and going out and partying but will you have the time? Absolutely.
Once you will be working a full-time job you won’t have the time to work on your trading between 8 am to 6 pm if we assume an hour commute – that’s way more time than I spent studying every day
If I hadn’t gone to that university, I wouldn’t have landed the jobs I did, which paid me a lot, which in turn would’ve meant I wouldn’t have been able to save up enough money to go trading and travelling – so I am incredibly grateful for university.