Anthony Patrick, Founder of Arete Trading, is focused on helping people build wealth through trading. In this episode of How To Trade It, Anthony shares the meaning behind the name of his company, his top down approach to trading, and how to make money even in a bear market. You don’t want to miss it!
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The Name MattersWhen Anthony started his business, he didn’t want it to be about him. Instead, he wanted to focus on educating and showing people that you need purpose and process, in order to be a successful trader. “Arete” is a Greek word that essentially means excellence of any kind. It is tied to the idea of fulfilling a purpose or function.
Finding StocksAnthony suggests that you build your watch list by first determining what kind of trader you are or want to be, and then looking at the leaders. Anthony looks at the Index, the Sector, then the Stock.
The Bear MarketIt’s not a popular opinion, but Anthony believes that making money in a bear market is fairly easy because you have the option and ability to short your stocks. If you don’t want to get involved in the short sale, you can do exceptionally well buying utility stocks or real estate investment trusts.
Resources & People Mentioned
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Grab your copy of the Complete Trading System) This book teaches you how to build a trading system from the ground up and how to become profitable in the markets.
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