Jun 22, 2021
In this podcast, Karim Nurani welcomes successful day trader, Cameron Newell and discusses the emotional connection of investing, managing multiple portfolios, market volatility, and long-term strategies for inventor success.
In this podcast, we explore four major themes:
Multiple Portfolios
In public market trading, it's useful to keep portfolios separate, so that different strategies can be consistently applied. Having three accounts seems quite manageable. Use one for ongoing dynamic day trading activity, and a second one for swing trading, where various disciplined buy/sell rules and analytics can be applied. The third account is for a long-term portfolio, where buy-and-hold strategies can be applied over months or years.
Embrace Volatility
A lot of volatility in stock prices creates a lot of opportunities, which in turn creates a lot of potential profit. But a lot of time and energy needs to be spent learning about these stocks, and constantly monitoring them, because they're the ones where the gains - and losses - happen the quickest.
FOMO And Emotions
It's important to understand that size is an important piece of trading. The more money that investors feel they're missing out on, the more likely they'll react emotionally. No matter how hard one tries, larger exposures are always going to provoke that little bit extra emotion.
Long-Term Vision
The key for successful long-term trading is to learn a lot about the company and the employees, and figure out where they're headed. People often say the market prices itself six months ahead of time. So, long-term investors need to truly believe in the company's vision and its future path. it's not just about where they're at right now.
About Our Guest:
Cameron Newell
Cameron (“Cam”) Newell is an accomplished day trader based in Seattle, Washington. He is the founder and CEO of Noremac Newell Trading LLC. After leaving college in 2016, Cam started his day trading career, and successfully turned $1000 into $1M in just 10 months. He is an avid vlogger, streaming daily commentaries after the markets close on YouTube and Instagram Live, where he reflects on his trading day activities. He also hosts a comprehensive set of trading chat rooms on Discord, which includes discussions on market terminology, swing trading, watchlists, trading goal challenges, and other individual chat forums. Cam studied at Green River College and Central Washington University and has qualifications in art studies, supply chain management, and business administration.
Noremac Newell Trading is a stock market educational service, which provides quality online training and tools for new and experienced traders. A range of market intelligence software products are available for purchase through the company’s website; these include AI-based analysis and simulation tools, as well as real-time data scanners that can be calibrated to identify specific trading criteria and metrics. Noremac Newell also offers a suite of educational stock trading videos that are aimed at beginning, intermediate and advanced day traders.
About Our Host:
Karim Nurani
Investor and Entrepreneur
Chief Strategy Officer, Linqto
Fearless innovator. Perpetual student. Equal parts irrepressible and curious, always scanning the horizon for a better way. This is how Karim Nurani is routinely described by those who know him best.
This particular handful of traits has served him exceedingly well across three decades as an entrepreneur, investor, and advisor. It’s a journey marked by the formation and successful guidance of over a hundred startups from mining to process manufacturing, leadership in a number of top venture firms, and lucrative forays into markets as diverse as IoT, GreenTech, SAAS, and FinTech. His special power is a rare ability to embrace the multiplicity of perspectives and mindsets that coexist in the business realm—entrepreneur, executive, investor; early-stage, IPO, and established enterprise.
A great believer in the law of mutual attraction, he puts a great stake in relationships with like-minded thinkers across sectors and around the globe—an endless source of inspiration, knowledge, and exciting opportunity.
Find Karim on LinkedIn https://www.linkedin.com/in/karimnurani/
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About This Podcast:
This podcast and related links are for education and entertainment purposes only. Linqto does not make any warranties about the completeness, reliability, and accuracy of any links and information provided in correlation with this podcast. Any action taken by the listener or reader, which is based upon the information provided in the podcast or related links, is strictly at the individual’s risk.