#487 - Developer Earns $37,000 from Day Trading Tool
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 2 May 2018
⏱️ 9 minutes
🧾️ Download transcript
Summary
This software developer has always been a stock trading enthusiast. When he invests his time into an app to trade more efficiently, the app becomes a hit with other traders around the world.
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Transcript
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| 0:00.0 | Hey, hey, what's up? This is Chris Gillibout with Side Hustle School. Got a story for you |
| 0:08.8 | today about a software developer who earns $37,000 from a day trading tool. This guy's |
| 0:15.0 | always been a stock trading enthusiast and when he invests his time into an app to trade |
| 0:18.3 | more efficiently, the app becomes a hit with other traders around the world. I believe |
| 0:22.7 | he's actually earned more than $37,000 from this tool that was just last year's profits. |
| 0:27.1 | This year is on track to go much higher and of course I'll tell you how he got the idea, |
| 0:30.1 | how he made it happen and so on. But first just a quick little investment disclaimer |
| 0:33.8 | as we begin today's episode. I'm not actually telling people to go out and become a day trader. |
| 0:38.4 | There are some people who do that successfully but there's also a lot of people who lose |
| 0:41.1 | a lot of money in that business. So if you're interested in day trading yourself, I would |
| 0:44.4 | recommend you only do it with money you can afford to lose just my two cents or $37,000 |
| 0:49.1 | or whatever it might end up being. For a lot of people at least the easiest way to make |
| 0:52.5 | a small fortune while day trading is to start with a large fortune. Still, that disclaimer |
| 0:57.1 | aside, it is a good story. It's got some lessons for us and how to focus on a product |
| 1:00.3 | first and build an initial user base, then make some improvements and some additional |
| 1:04.4 | marketing strategies as you go along to increase your income. |
| 1:07.3 | All right, so stay tuned. I'll tell you about this guy and what he does in just a moment, |
| 1:10.8 | quick little shout out to our sponsor first. |
| 1:13.0 | For software developer Michael Sinagia, stock trading has been part of his life for a |
| 1:26.6 | long time. Back in the 1990s Michael and his coworkers first became interested in trading. |
| 1:31.3 | They'd spend large chunks of their workday watching the market, looking at the rise |
| 1:34.7 | in fall of their favorite stocks, tinkering with their trades whenever they could break |
... |
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