The words “young” and “millionaires” don’t usually go hand-in-hand if you didn’t grow up with a silver spoon. However, Dom Mastromatteo, Michael Huddie, and Kyle Williams’ early attraction to stock trading sped them to millionaire status before they turned 30.
Some may attribute it to pure fluke, but their self-starting attitude deserves a highlight. Mastromatteo came from a middle-class family in Michigan and always had an itch for entrepreneurship, but he could never afford it. Several odd jobs later, he found out about penny stocks and convinced his dad to invest some money so he could start trading. “I decided this is what I should do,” he remarked. Sure enough, his perseverance paid off within 10 months, when he turned his first profits. Now, he helps beginners navigate a straightforward approach to trading.
On the other hand, Huddie excelled as a door-to-door salesman right out of high school, but it wasn’t for him. By the time he was 19, he had lived in two different countries and operated a sales team of more than 15 people. He continued double majoring in finance and economics before deciding to teach himself how to trade stocks online.
“It took me two years to become consistently profitable,” he recalled. Huddie is known for using statistical pattern day trading and risk management strategies for day trading.
As for Williams, he found trading during his sophomore year in college while working part-time as a waiter at BJ’s Restaurant and Brewhouse. “I was a Mechanical Engineering student when I started college but quickly learned that was not what I wanted to do with the rest of my life. Once I found trading, I switched my major to finance. In 2019, I made over $90,000 in trading that year,” he shared. Williams’ beat is how to trade penny and small-cap stocks online to jump into trading immediately.
All three met by chance and became friends because of their passion for trading. At first, it was just Mastromatteo and Huddie who got together to try and make the idea of community a reality. Williams joined in later.
“We are a firm believer that the sky’s the limit when it comes to trading, provided you have the right knowledge and guidance,” they agreed, emphasizing the importance of mentorship, which was the seed that grew Clover Trading.
Trading in Community
Like going to the gym to build your muscles, trading needs consistency and discipline to do the hard work. That’s a bitter truth that most people can’t take when they dip their toes in day trading. They’re not alone, as 40% of day traders quit within a month, and only 13% remain after three years. Day trading is not for the faint of heart, as its success rate is extremely low, with a mere 1% success over five years.
The antidote to this seemingly prevalent condition for traders is being in the midst of like-minded people. “There was one thing in common that kept us going when we first started: a mentor and friends who hustled with us daily. There’s a sense of community, making you feel less lonely through the ups and downs,” Mastromatteo recalled.
For Mastromatteo, this communal sense was a proven approach with one of his students. By showing up every day to where Mastromatteo would day trade, this student learned quicker and hit his first 1 million. This first-hand experience also helped form the idea of Clover Trading, which was born out of a passion for sharing what they experienced.
Transparency in Profitability
When you create something, it’s important to have your belief instilled in it. For three of these young men, their belief in day trading is rooted in transparency. “So many times when you find a course or a self-proclaimed guru for trading, they never even made their first million yet. People fell for their empty promises and spent dimes on these scam courses with no results,” Mastromatteo said.
“This is where we instill transparency as the non-bargaining value in the community we offer,” Williams added. This transparent community helps bring people with the same intent of learning and profiting from day trading together in person. “We believe that meeting in person to teach and connect is crucial for a better chance at successful trading,” Huddie emphasized.
Knowledge Transfers
What sets the Clover Trading community apart is its focus on providing verified insider knowledge from millionaire traders. “It’s from traders, by traders, to traders, and we intend to keep it that way,” said Mastromatteo. Currently, the platform offers real-time alerts, webinars, and educational content through various programs to transform members into proficient traders.
What makes their offerings unique is that their materials are based on both the pitfalls and success they have experienced in their trading journey, not just like a one-way discussion. Right on their platform, aspiring traders can directly book a call with the team by just providing their background information, no fuss.
As they are at the start of something that harnesses great potential, the world is their oyster. “We plan on making this community a shop of options for traders and future traders. We will do discretionary and algorithmic trading alike,” the three agreed. For now, they continue to upload fun videos on trading and invite more and more young and aspiring traders to join them at their convenience.
