T HE P ART -T IME
T RADER
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T HE P ART -T IME
T RADER
Ryan Mallory
Cover image: Alamy/BigshotD3
Cover design: Wiley
Copyright 2014 by Ryan Mallory. All rights reserved.
Published by John Wiley & Sons, Inc., Hoboken, New Jersey.
Published simultaneously in Canada.
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ISBN 9781118650059 (Hardcover)
ISBN 9781118650080 (ePDF)
ISBN 9781118650042 (ePub)
To my wonderful wife, Keenan Mallory, who has been
by my side every step of the way, and for Jason, the
wonderful son she gave me, who has been our greatest
accomplishment in this life together.
ACKNOWLEDGMENTS
I t would be foolish of me to think that I could write this book all on my own without acknowledging those along the way who have helped bring me to this point in my life and supported me in writing this book for well over a year now as well as the support that I have received well before then that led up to this opportunity.
First, I am thankful to my beautiful wife, Keenan Mallory, who has lovingly supported me in this long journey that comes with writing a book, and stuck through it with me until the very end. She understood the late nights and early mornings, and always made sure that I was taken care of in the process.
I am also thankful to my son, Jason Mallory, who has been a light in my life that goes beyond the realm of trading and gives a meaning to life that cannot be comprehended. Hopefully, he will find my book just as riveting as all of the children's stories he has been read each night.
I would be remiss if a huge heartfelt amount of gratitude was not sent to my parents, Duane and Linda Mallory, for their years of dedication and determination, the example they have modeled for me in life, and supported, though apprehensively at times, my unorthodox adventures, and making sure that I had the best upbringing a son could ask for.
My sister, Tracy Rodgers, despite being 14 years my senior, has been a terrific example and role model for me, and a great person to talk to late at night when the rest of the world was fast asleep.
My brother, Duane, whom we also simply referred to as Brother over the years, has been a best friend to me and a person to ping ideas off on and encouraged me in some of life's greatest challenges and leaps of faith, including becoming a full-time trader.
Not a day goes by that I do not wish my other sibling, Jason Mallory, could be around for a five-minute conversation to tell him about all the adventures life has taken me on and perhaps he could have even joined me on some of them. He was the best friend a man could ask for and someone I always wanted to emulate.
Over the years I have been blessed to see my extended family grow as well, and though I didn't dedicate the book to them, as they would all have liked, I do hope they realize that they mean the world to me: Shelby Rodgers and Jessica, Luke, and Danielle Mallory. I am grateful to call each of them family and see them grow up through the years into some wonderful kiddos.
Close friends play a huge role in life, and I am thankful for people like Mark Billman, who has been there for me countless hours into the early morning helping me fix my computer, servers, networks, software issues, and anything technical; he has had a role in making it right for me.
I'm also grateful to my cofounder of SharePlanner.com, Matt Walters, who has help me grow the business over the past seven years into a company that has helped countless traders realize their dreams of full-time trading. And Matt's brother, Nate, through constant reminding, helped me acknowledge in my formative trading years that long-term investing was no longer the path for me to go down.
As a first time author, I am incredibly thankful for the opportunity that John Wiley & Sons has given me to put my pen to paper and have my writing made public to the world. A book lasts the test of time, and I am incredibly grateful to Laura Walsh for reaching out to me and encouraging me to write a book and for putting her backing and support behind me during the whole process. I also could not have done it without the editing team of Judy Howarth and Tula Batanchiev, who coached me throughout the process and made sense of my ramblings throughout the book.
And, of course, all things in life, including the blessing listed on these pages, would not be possible were it not for my merciful Savior in Jesus Christ, who washed away my sins of past and present and accepts me as His own.
Introduction
Sitting behind a fake mahogany desk in a chair I believe was made from some form of polyester, and staring at the walls of a musty, windowless office, I had just about all I could take. I had been a part of Corporate America for the past eight years and at a job where, if I stayed there much longer, my biggest fear may in fact become a realitybecoming a career man doing a job I could not be any less passionate about, just to pay the bills and support my family. Had it come to that, I may in fact have ended up in a place where I was chained to a bed surrounded by people in white coats.