Chris Brecher grew up in Jacksonville, Florida. Though he went to college for Paleontology and Marketing, he settled for being a Stock Broker. In watching the brokers in his office lose every time by taking shots in options, Chris wanted to find out who was making money on the other side.
He found the answer at the Chicago Board Options Exchange and moved to Chicago with very little money, to be a clerk on the floor. After learning the option trade for a year, he became a Discount Stock Broker that had the incentive of commission-free trading. There, Brecher honed his craft. His parents sent him $200 dollars and he parlayed that money into $23,000 in 2 years!
Figuring he was ready for the floor, he leased a seat, and started trading in the IBM pit, subsequently buying a full CBOE seat within a year. After 8 successful years on the floor, Brecher realized that electronic trading was making more money than floor trading, and left the floor to work for a NYC day trading firm. While opening 4 offices for them in Atlanta, and successfully training countless traders, Brecher managed to be in the top 5 out of 800 traders for all 9 years he was with the firm. After the firm was taken over he decided to trade from home, which he has done since 2003.
Trade Experience: 33 Years Professional and Retail Trade
Specialties: Day Trading Options, Stocks, Futures – Technical Analysis, Tape Reading, Analyzing Market Moving Events