In our business, you’re trained to go after people that are selling distressed assets. That’s how you buy low and sell high. Problem is, there is such a thing as too low—where the deal doesn’t make sense. Take this example:Newly released white dial Omega Speedmaster; selling due to “family reasons”; willing to sell for half ($4500) what …

I’ve had some pretty great margins on Reddit from both buying and selling. Many of you have reached out to me for guidance on how to use the platform, so I decided to make a guide with a few tips I’ve found helpful as well. Guide to Using r/WatchExchangeUnderstanding r/WatchExchanger/WatchExchange is a subreddit dedicated to the …

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 …