Day Trading vs. Investing: A Safety Guide for Gen Z (w/ Josh Fuhr)
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There has been a 77% increase in teen traders, and Gen Z is entering the market six years earlier than Millennials. But are they investing, or are they just gambling on meme coins?
In this episode, Josh Fuhr (Founder of Bison Blueprint) joins us to break down the critical difference between Day Trading (high stress) and Investing (high strategy).
Josh shares his personal Hero’s Journey from corporate burnout to travelling in an RV to every national park west of the Mississippi to discover how he wanted to use his talents in the next phase of his life, and how he taught himself to read market patterns to generate massive returns without being glued to a screen all day.
We discuss:
- The Video Game Analogy: Why Day Trading is a First Person Shooter Game and Investing is a Strategy Game.
- The 90% Rule: Why most traders lose money and how to be in the top 10%.
- Technical Analysis 101: Moving beyond narratives (e.g. News) to seeing the patterns in the charts.
- Family Money: How parents and teens can co-manage a small trading account to learn financial literacy and investing and why this is an important life-skill.
Episode Links:
- Bison Blueprint Discord: htttps://whop.com/bisonbluepring (Code: Podcast50)
- Follow Josh Fuhr: @bison.blueprint
- https://dominicdelaquil.com
Support this podcast at — https://redcircle.com/fi-for-kids/donations
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