Ep 225: $80K Losses to $2 Million+ Profits — Jack Schwarze’s Incredible Trading Journey
SteadyTrade
SteadyTrade.com
4.6 • 589 Ratings
🗓️ 9 November 2021
⏱️ 48 minutes
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| 0:00.0 | So when I blew up my account after that into the summer, it was, I was going into my senior year and I really had to take time for myself to recoup and really just get a grasp of like my head, you know, because everything was spinning out of control. |
| 0:13.0 | So you made and lost 80K. Is that correct? |
| 0:16.0 | Oh, just about, I think I was down to like 14,000. |
| 0:20.0 | Man, then December 2019, I was at TCU in down Fort Worth. |
| 0:26.6 | I drove over to the COBRA brokerage office and gave him like the remainder of my account and like check form. |
| 0:31.6 | Like, you can mail it, open me an account. |
| 0:34.6 | And then I start shorting again. |
| 0:38.1 | Little no luck. |
| 0:39.2 | Massive volatility comes back. |
| 0:40.9 | Next thing I know, there's so many people that just don't know the rules of trading |
| 0:45.1 | and they're just getting dumped on every day. |
| 0:47.3 | And it was right back to business with the gaping craps. |
| 0:51.3 | You're listening to the steady trade podcast Podcast. The Steady Trade Podcast. |
| 0:56.0 | A podcast that inspires traders to make meaningful strides and pursue their passions. |
| 1:03.0 | Together, we'll sit down with experts to talk about their process, the lessons they've learned, |
| 1:08.0 | and discuss how all traders can level up their trading careers. |
| 1:12.7 | Here are your hosts, Tim Bowen and Stephen Johnson. |
| 1:18.6 | Welcome back to the steady trade podcast, everyone. I am Tim Bowen, back with my co-host, Stephen |
| 1:24.1 | Johnson, and we've got Jack Dan slash Jack Schwartz here today. |
| 1:27.9 | Got a lot to talk about. Jack's been really crushing it lately. |
| 1:31.4 | And then he's got an interesting kind of approach to trading a little bit more of a quant-type idea. |
| 1:37.7 | So a little bit different than we've talked about. |
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