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Dear Michael,
My childhood dream was to become an airline pilot. I was privately educated in the UK in the late ’80s and early ’90s, however I was told to give up on that dream, as it was determined I lacked the aptitude.
I quit that school, wasted 7 years, then decided to take a shot at it. Over the last 19 years I have flow private jets for a number of leading companies in Europe, including Flybe Europe’s largest regional airline at the time.
All those years in aviation has taught me two things, flying private jets is about sacrificing one’s life for modest compensation. The second, the industry is fragile, expect multiple job losses over time.
Following Flybe’s collapse and Covid, I find myself back at a crossroad earning minimum wage, trying to assess what transferable skills I can apply to different industries, getting divorced (not a bad thing), and about to complete a Master’s Degree in Airline & Airport Corporate Management (A challenge I set myself).
I manage my own pensions, have recetly 2x my work pension buying BlackRock Gold & General at the right time, just as people lost money in the dip caused by Trump. I have since taken the profit and diversified the invesment. I have tried learning about stocks, spread betting, CFD trading and Crypto. My biggest missed opportunity was getting out of ETH too early, missing gains of £250,000 from a modest £8,000 invested. I always seem to sell at the wrong time. I also made a small amount of money buying and selling physical gold and silver over the years.
Currently I have finished your book, The Complete Turtle Trader and just started chapter 4 of Trend Following. Once my Masters degree is complete, I will have the freedom to focus on improving my finances. Until then I am using this time of consolidation to further educate myself and learn the skills I need to make better decisions financially. This has brought me back to the markets and trading.
My new dream is to become financially free and able to steer the course of my life without the constraints of the past. I feel trend following is the way forward for me. I must start from scratch, with nothing, just life experience.
Kind regards and best wishes,
[Name]
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