007: How this Stock Trader makes $$$ from Webinars & Airbnb – Andrew Keene

Background on Trader Andrew Keene:

Andrew Keene is President & CEO of AlphaShark Trading, which he originally founded as KeeneOnTheMarket.com in 2011. Previously, Andrew Keene worked as a proprietary trader at the Chicago Board Options Exchange. He then began his career in the prestigious Botta Capital ‘clerk-to-trade' program, and would eventually co-found KATL Group. In 2015, Andrew began appearing as a regular guest on CNBC's Trading Nation, where he focuses on educating viewers on equity options markets and the trading insights they provide.

Mr. Keene began his career on a trade program but would eventually co-found The KATL Group. He currently actively trades future equity options, currency options present in commodities, and was a regular guest/market commentator on such networks as Bloomberg, CNBC, and Fox Business. His first love will always be trading but he’s arguably even more well-known for building a trading room. He is especially proud of having taught his personal strategies trading for over 50,000 guests for years.

Time-Stamped Show Notes:

[0:49] He affiliates webinar for trading every day. He doesn't feel doing it, but he gets money out of it.
[1:16] Andrew got into webinars thru Trading “Guru Space”.
[1:48] He traded on the floor of the Chicago board options exchange for 10 years. After graduating from college, he took a course in Trade program.
[1:58] Trading has now evolved, it’s more electronic than ever.
[2:06] He launched Keene on the Market 5 years ago and re-branded it to AlphaShark.com.
[2:15] They have 10 subscription base models and the biggest is when people pay to watch him trade during the day.
[2:30] On the product side, they have 14 educational courses and they sold 10,000 over the last five years. They have 10 propriety based indicators on trading.
[2:47] He got into the realm of the Airbnb business model because he wants to diversify himself a little bit more.
[6:03] “I will literally bet on anything that I think that I have theoretical edge.”
[6:18] After graduating from the University of Illinois he don’t know what to do. His father suggested that he becomes a trader because it’s never boring and he’ll have no boss.
[7:46] Supply and demand curve between buyers and sellers. If there's more aggressive buyers prices goes higher, more aggressive sellers price goes lower.
[8:46] Chicago board of options has volatility index or VIX and it is currently trading at 10, which means there’s not much volatility.
[8:53] It is hard to trade if there's no volatility in the market.
[9:38] The adrenaline rush when you're making money is great, the rush when you lose money isn’t so much.
[11:00] He never got paid on his 300 TV (CNBC, Bloomberg, etc.) appearances but he was growing his brand without him knowing it.
[13:25] The hottest and easiest way to make money period is AirBnb. He started to accumulate real estate using the AirBnb Business model.
[13:38] AirBnb is no.2 privately held market cap in the world.
[14:02] If you need to buy a half a million property you only need a hundred thousand dollars to put up.
[14:55] You can rent out your house, doesn’t matter where you live, someone wants to stay somewhere.

Fabulous 4 Questions:

📖📚 Favorite Books? The Promise of a Pencil by Adam Braun
🙌😎 Favorite Amazon.com purchase? Make a purchase daily… so hard to decide
🌱💸 Favorite Tool that's GROWN your Business? Bitcoin
💭💡 BIGGEST Challenge keeping your Business from GROWING? Churn on monthly subscriptions