Spotlight on Warren Lorenz
Meet Warren Lorenz - the finance and trading guru who started fintech portfolio management company TechMeetsTrader.
Tell us about TechMeetsTrader.
TechMeetsTrader is a financial technology and portfolio management company. I build proprietary trading tools and educational platforms, as well as, trade for small private family offices and hedge funds.
When did you first become interested in the world of finance and trading?
I started trading when I was in high school. Growing up, I worked construction for my father's company and saved the money I'd make each summer. When I was 16, my parents co-signed onto a brokerage account at ETrade and I started investing the money I saved up. Then, while I was a freshman studying Mechanical Engineering at the University of San Diego, I simultaneously got a job at Northwestern Mutual where I became a licensed Investment Advisor. That's when I started getting into derivatives trading. Once I knew active management was the right choice for me, I left Northwestern Mutual to trade my own capital and raise venture funds for a software startup.
What is your advice to other young people hoping to start investing and trading?
Start early and invest in yourself. No one will care about your money more than you, so it's important to take the time to create a plan for long-term success. When you're young, it's ok to take calculated risks and sometimes fail. That's how you learn the most important lessons life has to offer. Equally as important is to find a mentor. Someone who shares their mistakes with you and shortens your learning curve.