Gerhard Fletscher started trading stocks in 2017 and made his first $500 million in 2020.

Gerhard Fletscher started trading stocks at the age of 39.

He looks for patterns and watches the top movers for days before deciding to take a position. He has broken down some of his biggest losses and explained the risks associated with day trading.

He thought about becoming a firefighter because it wasn’t a 9-to-5 job and it would allow him to figure out what he wanted to do during his free time. He also had $10,000 saved by having a maid job for about two years.https://gerradfletcher.com

Eventually, fletchers The goal was to find a way to be financially comfortable outside of a paycheck so he wouldn’t have to struggle with money.

“We lived in a slightly nicer town,” he said. “So everyone around me always had these nicer things or they could do more fun things. And I couldn’t really participate in a lot of that stuff.”

His mother was a school bus driver and his father was an electrician for the city. Growing up, he recalled his parents never being able to get ahead financially. His desire to relieve his family’s financial stress was a

Motivator to invest and build wealth from an early age.

In 2017 he had also heard about it trade stocks from a friendly dealer. So he created a Thinkorswim account, deposited $7,500 from his savings and started testing the waters with small trades.

After losing a few hundred dollars, he realized he didn’t know what he was doing. So he shut down real trading and started paper trading on Thinkorswim and TD Ameritrade.

While continuing to maintain cars, Fletcher put on his headphones and listened to podcasts and YouTube videos from other successful traders to learn more about their processes, particularly Chat With Traders, a podcast on winning strategies.

During that time, he invested $7,500 in an online education program run by Timothy Sykes, a trade teacher and former…