Last Updated on March 14, 2024
Andrew Aziz is a Canadian day trader who spent his early years in Iran during the Iraq-Iran war. He was born into a middle-class family. While information about his personal life remains scarce, it is known that he got interested in Chemistry in his teenage years.
Aziz attended the Sharif University of Technology in Iran and eventually relocated to Canada when he was 25. He attended the University of British Columbia, where he gained his Ph.D. in Chemical Engineering and attempted a career in hydrogen fuel cell cars. His research works are featured in research journals.
The Canadian trader loves spending time outdoors. He has a great passion for climbing and has set a personal goal to climb the highest volcanoes on all seven continents. He also enjoys skiing, high-altitude mountaineering, and track running.
Andrew Aziz’s Career
Andrew Aziz is a financial trader, investor, and four times best-selling author on day trading. He entered his current career as a stock trader and now invests in fintech companies specializing in natural language processing’s application in trading.
Before 2015, Andrew Aziz worked hard as a chemical engineer at what he thought was his dream job. He was working on making the automotive industry clean by developing hydrogen fuel cell cars.
However, after 23 years of working in the field, his company suddenly announced they were no longer interested in pursuing this line of research and let go of several researchers, including Aziz.
He soon turned to one of his hobbies, stock market trading. He started by losing about $10,000 in just a few months, including his severance package and all his savings.
However, he was mostly undeterred. He took on a day job to pay for his living expenses and started to learn the foundations of trading.
He started waking up as early as 5:00 am and practiced hands-on from 6:30 am to 8:00 am. Then he spent his evenings and weekends digging into trading books, refining his skills.
Two years later, Andrew Aziz became a professional day trader. Soon he became among the best day traders in Canada. He also founded and became the CEO of Peak Capital Trading – a company providing training and mentorship to traders. He also works actively as a proprietary fund manager.
In 2016, he founded Bear Bull Traders – an online community providing a comprehensive trading education system to help traders switch lanes within the industry.
Andrew also invests heavily in fintech organizations specializing in AI development and NLP application in trading.
In recent years, Andrew has been best known for being a writer. He is a #1 best-selling author and has ranked as one of the top 100 best-selling authors in Business and Finance for five consecutive years.
His books have been published in 10 different languages.
Andrew Aziz’s Net Worth
Andrew’s net worth is between $3 to $5 million dollars, although the exact net worth is difficult to estimate. Also, he has several sources of income, some of which are hard to keep track of.
When he started, he claimed to make about $2,000 daily. This amounts to about $730,000 yearly. However, his income has since multiplied.
Andrew’s money comes from different sources. He’s an investor in Yeezy sneakers. His books are also incredibly popular and continue to make great sales.
His Bear Bull Traders YouTube channel has about 70,000 active subscribers, and he also offers several trading courses.
Andrew is estimated to be trading with assets worth about $20 million.
Andrew Aziz’s Trading Strategy
Andrew’s technique requires thinking of trading as a profession. He emphasizes the need to trade with care. His strategy also requires to never trade with more than 2% of your capital per exchange.
Aziz believes that a trader needs to learn how to wait. He believes you must endure as a merchant and wait for opportunities to invest pennies and make dollars.
Aziz applies his engineering background in trading. He believes understanding the design makes all the difference in how you trade, and your strategy should follow clear patterns.
He advocates for buying low and selling when the price surges.
Andrew Aziz also believes in working smart but also emphasizes that hard work is the only way to reach that point where smart work becomes crucial.
He also believes surrounding yourself with other traders, and like-minded people is critical to the profession. It can make you avoid some mistakes and stay informed of what works.
Andrew believes in the scientific approach to trading. He’s of the opinion that a thorough study of stock systems followed by accurate models from current exchanges accrues profit.
One of the strategies discussed in his books is finding moving stocks rather than buying profitable stocks.
In Advanced Techniques in Day Trading, he mentioned that “you can be the best trader in the world, but if your stocks do not move or have enough volume, then you cannot make money consistently. Trading a stock that doesn’t move is a trading day wasted.”
His Trading Books
Andrew has made a name for himself as a Canadian trader and author in the business and finance category with several books, including:
How to Day Trade For a Living
This book is tailored for beginners and independent traders who want to figure out the specifics of day trading and how it differs from other forms of trading.
With a 4.6/5 rating, it explains where to start, what to expect, and how to navigate the fundamentals.
Advanced Techniques in Day Trading
This book has a 4.6/5 rating on Amazon and is brutally honest about the shortfalls of day trading, strategy development, and the importance of hard work. It also presents detailed techniques to avoid failure.
He co-wrote other books in the business and finance category, such as How to Swing Trade, How to Trade Forex and Currency, Mastering Trade Psychologies, and A Complete Day Trading System.
In some of them, he emphasizes how a good understanding of trading psychology can ease the trading process.
Takeaway – Perseverance Can Make All the Difference
Andrew Aziz’s most unique trait isn’t just that he’s a great trader – it’s the amount of hard work he puts into understanding the market and his ability to be patient.
While most people are positively pumped about swooping in and making a profit, Aziz genuinely likes the craft of waiting. The ability to look beyond what the average trader sees helps the Canadian trader stay ahead of others.
This is why Andrew actively invests in stock market education. In his words, success in trading comes from training yourself to be prepared before the need arises. You can follow Aziz and learn about his strategies here.
