Karl excelled at his work in the engineering and enjoyed working for some of the largest oil sands companies in the country. However, the industry was unstable, it was always feast or famine and the constant fear of layoffs was always a nerve racking thought.
Karl still had a passion for numbers from his previous accounting education and looked at how to leverage that background to increase his knowledge of the stock market. Karl participated in many courses, workshops and studied the market daily. Karl’s past accounting education, love of trading and numbers soon became apparent. There were of course ups and downs but the turning point was in 2005, Karl found and began working with a mentor who had been trading for many years.
In September 2008 Karl took time away from his engineering job to trade the current financial crisis, shorting the banking and mortgage companies that were failing. This action started the path to consistent profits and his “Live Your Life” philosophy. The most important thing in Karl’s life is his family and being a trader has allowed him to spend more time with his family and do all the things he loves.
In an interview at the Traders Summit in Las Vegas, Karl spoke about this downside to the engineering world and how there was a way to have an additional source of income.
Karl continued that during his early years, he remembered his first experience with selling shares, of a company employee stock purchase plan, had led him to discover that trading could bring a peace of mind to the employment swings of the industry.