He went from multimillionaire investment banker to sleeping on his friend’s couch, 100% broke… selling stock photos for $20 per hour. It was all because he was too smart…
Jump Point Trader Editor Teeka Tiwari was making multimillion-dollar trades at 19 years old. He became the youngest vice president in Shearson Lehman Brothers history (the fourth-largest investment bank on Wall Street at the time).
Every trade he made seemed to turn to gold. But one thing was growing even faster than his fortune: his overconfidence. It wasn’t long before a bad trade lost him his homes, his cars, his watches… everything he had.
Here’s the worst part: He was “right” on the trade… but his timing was off. And that bankrupted him.
Teeka says this was one of the most important events of his life. It taught him the fundamental need for risk management in all investing. And that is what led him to rebuild—and surpass—his previous wealth.
The video below is a part of Teeka’s free online training series. It’s one of two videos in today’s training lineup (we discussed yesterday’s videos right here). It focuses on risk management.
Then in video two, Teeka goes on to explain the root of Jump Point Trader’s revolutionary risk-management system. It’s so strong, you could pick the wrong stock 70% of the time… and still come out ahead. That’s because when you’re wrong, your losses are capped… but when you’re right, your winners can be enormous.
Even if you believe your risk is under control, this video is a must-watch. It may prevent you from ever suffering a catastrophic loss like Teeka’s. It also qualifies you to join Teeka for a free, live trading webinar tomorrow night. In the webinar, Teeka will give away two actionable trades the Jump Point system has identified for possible triple-digit gains. To watch the training, click here (or on the video below).
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