Anyone who claims they can't make money in the stock market because they aren't good with numbers should spend a few minutes with BetterTrades coach Markay Latimer. Despite her self-acclaimed lack of math skills, Markay knows that it is possible to make money in the market by looking at the pictures, or stock charts, rather than focusing on the numbers.
"I wanted to be a doctor, but I wasn't that good at math or working with numbers and I was afraid of going down that path," Markay says.
Markay was happy with her job in marketing and public relations, but struggled with a modest salary and limited long-range prospects. She was looking for additional income when she found a book about stock market trading. She was intrigued by the stock charts and saw the potential that existed with buying and selling stocks and options.
Markay studied the stock market educational material, pooled her money, and began to trade. Although she experienced some losses along the way, Markay began to steadily grow her account. The key for her success came through understanding stock market charts and indicators, which she began working on ironically while trying to prove such technical signs were silly and unnecessary.
"I thought there's no way a past chart is going to tell you how to make money today," Markay said. "So I set out to prove them wrong."
After hours of research, and a lot of profitable trades and a number of losing trades, Markay proved to herself the importance of reading charts and patterns. She was a convert as she could see that charting could help improve trading profits.
The long-range result was the development of her proprietary system of scans that reveal stocks with tradable patterns, often before other filters find them. Many students see value in this tool, as it cuts down the amount of preparation time.
Markay has been helping students learn how to trade in the stock market for more than eight years. Her pleasant personality and upbeat style makes learning fun and keeps her students coming back for more.
