Steve Gomez is a professional trader who lives in San Diego with his wife and 2 daughters. He graduated the University of Southern California with a BA in Communications and Social Sciences. In 1994 while working in property management, Steve began reading as many books on trading as possible and started trading part time in the Chicago Commodities Markets using phone orders to get in and out of positions.
It was at a retail-trading floor in 1998 where Steve met his long-time trading partner Andy Lindloff. The two of them attended a course on Direct Access and Level 2 stock trading.
Around 2007, Steve began traveling to China to assist Andy with his overseas trading group. The desktop sharing technology led to a live trading room that was unprecedented in transparency. Steve was early in adopting Youtube and Twitter to help people with trading. With the TodayTrader brand on social media growing, DittoTrade approached us to be an original Lead Trader.
Steve has contributed a chapter to book titled “The Stocktwits Edge”. He has written numerous articles for “Stocks, Futures and Options” magazine and has spoken live at the Los Angeles Money Show. Most of his personal thoughts and market opinions are expressed on Twitter @TodayTrader.
Andy Lindloff is a professional trader and mentor with 15 years of experience actively and successfully day trading and swing trading stocks. Specializing in momentum trading using technical analysis, Andy took his expertise international. He was contracted by Asian American Association (proprietary day trading firm) as a mentor and traveled to China periodically to help other traders learn day trading techniques to become profitable. Andy currently manages a fund and is a Lead Trader for Ditto Trade (online broker).
A graduate of Texas A&M University with a Bachelor’s degree in Marketing, Andy is a husband and father of one. After a successful career in the automobile business and a sales representative position at Edward Jones where he received his Series 7 license, Andy left to pursue his passion for trading stocks. He began trading in 1998 full-time on a retail trading floor and after several months of self-teaching and hard work Andy’s efforts paid off earning him a comfortable living and 10 consecutive years of profitability. In July 2007 Andy began working with a team of 20 traders in China. He spent one year with his team and they never had a losing month. In 2010 Andy was approached by Ditto Trade and, with his partner Steve Gomez, became one of the first Lead Traders for the online broker startup. As of Sept, 2013 the account is up 75% since inception and 37% for 2013.
Andy’s accomplishments as a day trader/swing trader/mentor and his desire to teach others led him to team up with long-time trading partner Steve Gomez and in 2008 co-founded TodayTrader Inc. to help other traders achieve success. Although, Andy remains an active day trader, his main focus now is a strategy developed with Steve called “Swing Scalping” using Ditto Trade Inc. as a “piggyback” service that is open to the public.
Change is the Only Constant
In May of 2008, Andy and I proudly started the concept of sharing our desktop via Gotomeeting with those that wanted to pull up a chair and learn some trading tactics by watching professionals in real-time. To our knowledge, at the time nobody else was doing this. Chat rooms were ubiquitous but live screen sharing services were not. This new concept of ours was specifically designed for active day trading.
September 20th of 2012 will be the last day we dedicate our valued time and energy to the Live Desktop Trading service. Our relationship with Dittotrade.com will continue to flourish and we will be shifting our focus to this growing service. This account has been outperforming the S&P 500 since we opened it to the public in November 2010. We will continue to monitor the market daily and trade this account that allows people to attach their account to the exact same trades we make using Dittotrade.com as the broker.
This leads us to the second part of our transformation at TodayTrader. Andy and I have joined forces as Principals with an asset management group that acquires and modifies distressed residential mortgage notes. This allows us to be socially responsible with the borrower and write down their balances and wipe the slate clean in order to give them a fresh start. Because of the time involved in this new venture, we will no longer be able to commit to 3 hours a day for our Live Service.
We firmly believe this is the highest and best use of our time and energy for the next few years. The private sector is about to get busy stabilizing the housing market by writing down debt and restoring the dream of homeownership for many. We intend to be a part of this process going forward.
To the hundreds of people who came and went in our daily Live Service over the years, we thank you from the bottom of our hearts.