Stephen Kalayjian – The Key to Success in Trading Is to Have Discipline

<p><a href= "https://www.linkedin.com/in/stephenkalayjian/"><strong>Stephen Kalayjian</strong></a><span style="font-weight: 400;">, Chief Market Strategist and Co-Founder of</span> <a href= "https://app.tickertocker.com/"><span style= "font-weight: 400;">Ticker Tocker</span></a><span style= "font-weight: 400;">, has over 30 years of experience in the industry trading stocks, futures, and currencies, having begun his career at the American Stock Exchange in 1983.</span></p> <p><span style="font-weight: 400;">In 2005, Stephen founded his firm to research and develop software to help identify trends, reversals, patterns, and divergences in the marketplace for all asset classes and time frames. Stephen seeks to generate high alpha trading ideas throughout the day. He and his team employ technical analysis through utilizing the proprietary charting software he developed on Ticker Tocker to forecast the market.</span></p> <p><span style="font-weight: 400;">Stephen has traded nearly 2 billion shares over his career.</span></p> <p><strong> </strong></p> <p><strong>“If you’re gonna invest or trade, you got to have discipline.”</strong></p> <p><span style="font-weight: 400;">Stephen Kalayjian</span></p> <p><span style="font-weight: 400;"> </span></p> <h2><strong>Worst investment ever</strong></h2> <p><span style="font-weight: 400;">Thirty-seven years ago, before Stephen started working at the American Stock Exchange, he was making $2.10 per hour cutting grass, cleaning windows, washing cars, cleaning basements, and garages. He just did whatever he needed to do to survive. After about 1,500 hours of work, Stephen had a little over $3,000 saved up, and he wanted to invest it.</span></p> <p><span style="font-weight: 400;">It was while working at the floor of the American Stock Exchange when Stephen opened an account at his father’s friend’s brokerage and bought 550 calls, i.e., he bet that the stock was going to go higher.</span></p> <h3><strong>The novice trader</strong></h3> <p><span style="font-weight: 400;">Stephen only f