Tim Bourquin: Hello everybody and welcome back to another show of TraderInterviews.com. I'm speaking today with Matt. We're going to talk to him about how he trades. We interviewed him sometime back. It's been a while now, but an excellent trader, got a lot of knowledge about this, and we're going to talk to him about his strategies in how he approaches the market. So Matt, thanks very much for joining me on the show today.
Matt: Tim, glad to be back. I love listening to your work. You got a lot of interesting people on. And much like you, I learned a ton from listening to other traders. So thanks for putting together all your efforts and having me on again today.
Tim Bourquin: Oh, thank you. My pleasure. Thanks for the kind words. Well, let's start with my standard first question, which is talk about the type of trader you are -- day trader, swing trader, and the markets you trade.
Matt: Yes, I trade. I do day trade, I do swing trade, and let's see. I'll give you a little genesis. I guess I started like most or a lot of people in kind of that stock world when I started making some money even before when I was young. I had a paper out. I used to put all my money until my dad made me I remember save all my money into a mutual fund. I remember it was the Franklin Templeton Fund. And by the time I was going off to college, by compounding of my minimum wage job as a paper boy and then busing tables, I amassed a nice little fortune for a 17-year-old going off to college, which I then ensued and blew in probably the first semester.
So, I guess the lesson is that compounding does work. You do save your money and put it away regularly. And then the other thing is -- the other side of the lesson I guess, Tim, is you got to learn to budget and save your money a little bit for a rainy day, which again once I became 18, I learned very quickly how I can blow as much money as I did.
So, I did trade...
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