Cash Flow Hacking Podcast: Expert Tips To Help You Grow Your Financial Wealth

Stephen Vettorel Emphasizes the Importance of Portfolio Diversification, Ep #38

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Sinopsis

Subscribe to How To Trade ItStephen Vettorel was thrown into managing a portfolio when his father passed away while he was in college. Throughout the learning process, he noticed that “buy and hold” and “be diversified” wasn’t how portfolio managers were running their personal accounts. Stephen thought he needed to learn technical analysis and individual trading. So he spent a lot of time trading in the 2000s and built out his own system. He wanted a deeper knowledge of trading. Over the next years, he was mentored in modern portfolio theory, auction market theory, and technical analysis. He learned how to chart, aggregate, and manage order flow. In 2012, Stephen started coaching at a small coaching company, FXES trader, mentoring other traders in futures. He attracted the attention of Investopedia and was put in the running for the ‘Top 100 Financial Advisors’ award in 2017—and he won. Stephen is now the Chief Market Strategist at Auvoria Prime, which is about to launch 5 pieces of software with verified tra