Watch trading is an excellent way to experience different timepieces, while making a profit, but how does it work if you are not in the USA? Being a Canadian, I was curious to see if I could make watch trading a viable source of income, while owning pieces I would only dream of. My journey […]
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In my last article I shared the process I used to make over $10k in profits in my first 90 days of watch trading… but I omitted one key element – How I was able to bring in over $40k of inventory, at zero percent interest, and without an investor. Now don’t get me wrong, […]
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I joined Watch Trading Academy on March 31st, 2018, but when was my first actual watch purchase? September 15th, 2018 – I bought a Bell & Ross BR-X1 WhiteHawk. 6 months passed between my joining and actually buying a watch. So what took so much time? And more importantly, how did I get through it? […]
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Every journey begins with a single step, I know, it sounds corny as hell … “Nick what fortune cookie did you get that from? Seen the Kung Fu Panda Trilogy lately haven’t you?” I have a few answers to that, one, that movie is amazing so get off my back. Two it’s true, I started […]
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Since I’ve been involved in watch trading academy, one question has been asked to me repeatedly: “Nick, how do you connect so well with social media influencers?” Truthfully I thought for a long time on how to explain how I connect with influencers; it’s definitely not an easy thing to do. But I still think […]
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When I started trading with the Watch Trading Academy, I was very low on capital. All I had was $1700, which I used to buy an Omega Seamaster Professional. That’s the watch that started my watch trading journey. Being active in the academy, I see similar questions about “how much money do I need to […]
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Today marks the 90th day of my journey as a watch trader and here are some quick stats. Number of watches purchased – 37 Number of watches sold/traded – 30 Numbers of fake/replica watches purchased – 2 Average hold time for sold watches – 18 Average profit margin per sale/trade – 11% Total loss dollars […]
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It used to be that years ago most luxury timepiece brands (especially the Swiss brands) would be conservative with the amount of units they would manufacture each year. Each brand had a strategy built around why they designed certain models, how many units they produced annually, and how they would distribute these to the market. […]
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We all know the name. The crown jewel (literally and figuratively) of the luxury timepiece world… ROLEX. From being the universal social symbol of success, to the sentimental emotions it elicits, Rolex is by far the most recognized brand worldwide whether you’re just looking to flex in front of your friends, or you like to […]
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After years of watch trading, I was looking to improve by finding a new way to reach out to more people. The biggest mistake I made early on in my watch trading career was not reaching out to my clients on a periodic basis to stay on top of their minds. The more I think […]
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