Latest Articles
As you progress through Watch Trading Academy you will come to understand and respect banks more than you could have ever imagined as a regular consumer. That’s the killer advantage of learning this business from a former banker (PJ). Once you start sending and receiving multiple wires a month, ranging from $5-10k, your bank may …
When you analyze deals, which of these does your analysis look like? Are you Trader #1 trying to move to Trader #2? I’ve always said the watch business isn’t a guessing game, every decision is just elementary school math. That’s why, in my opinion, it’s way better than flipping anything else as it’s extremely predictable. …
The watch business offers a unique opportunity because, unlike cars, real estate, and other side hustles, it is largely unregulated. No paperwork, no contracts, and no paper trail. Cars require titles and long shipping times; real estate deals involve underwriting and 30-day escrow periods. In contrast, watch deals can happen as fast as money moves …
Recently I completed an international deal to Germany, and I wanted to take this opportunity to walk you through the process so you can stay safe and know when to walk away. Why did I do this? The watch I was selling was a US-only release Panerai 1323 Navy Seals, and my buyer in Germany …
Last year, I made 2 million dollars trading watches from the comfort of my own home (with zero employees, no physical storefront, and with just 4-6 hours of work per week). With some of the profits, I treated myself to a $1.2 million dollar McLaren Senna (pictured below): Pretty crazy, no? If you told …
You should avoid playing in the $10K Rolex watch market AT ALL COSTS. Yes, I’m talking about our beloved Submariners, Datejusts, and GMTs. They will NOT make you money. Especially if you are a beginner. Here’s why. If you’ve just started trading watches (1-3 months), you will NOT have SPEED in the market. That means …
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