The stockbroker attracted the attention of the entire industry after raising 1.4 million dollars in a short time and for sharing his advice.
He is a young American, only 26 years old, who managed to gather more than 1.4 million dollars in less than two years thanks to its innovative investment strategy. The stockbroker also garners thousands of interactions on his social networks because he shares the secrets of his method. His actions changed his life completely to live in luxury.
The investor is recognized on X and on Reddit under his nickname @mono_trader. On these platforms he shares his successes but also the advice with which he was able to reach his comfortable economic position. For the North American it is essential research the market and his favorite channel to do it is his group Stocks To Trade. This association allows you to know what the biggest stock market movements were on the day.
From the previous point we also deduce the need to know how many shares are available. Monaco indicates that the larger your number, the less volatile the bet. The runner analyze why the share price rises to act strategically and make a big move that can boost the other holdings in your portfolio.
Finally, the American observed that there is a trend in case the stock continues to increase its value the next day. The young man indicates that at times like these, participations usually increase again for one or two more days. So you buy back the shares you sold to quickly resell them again.
The story of Matthew Monaco, the billionaire investment and finance expert
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Business Insiders
The brand new millionaire did not plan to be a renowned stockbroker, but in 2016 he had entered the Rochester Institute of Technology to study Software Engineering. One of his main goals in his career was to earn high salaries as a programmer, but the low pay of internships made him change course.
Monaco saw greater freedom in the financial market to be able to work outside the office and to be able to travel while undertaking. His dream came true after the loan he asked his parents to pay for a course to learn the basics of the field. The American also currently uses his social networks to share his trips, boat trips and some of the other luxuries he can enjoy.
Source: Ambito
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