Having earned his degree in economics at the University of Connecticut (UConn), Suffield, CT, day trader Dan Sapienza emphasizes the use of research-based techniques in obtaining consistent profits, regardless of stock market conditions. UConn graduate Dan Sapienza enjoys travel to destinations such as Chicago and Las Vegas in his free time. He particularly enjoys sampling food at the popular local eateries of the destinations he visits. One of the mainstays of the Las Vegas dining scene over the past three decades has been chef Andre Rochat, who established his first eatery on Sixth Street in downtown in 1980. He went on to pioneer fine French dining on the Strip and planted roots at the Monte Carlo casino that lasted for decades. Announcing his retirement in 2016, Chef Rochat did not leave the Las Vegas culinary scene altogether. He gave his name to Andres Bistro & Bar, which opened as a production of the Stacked Hospitality nightlife group. Helmed by chef Scott Sampson, the restaurant is described as continuing Chef Rochat’s legacy of quality French dining and includes an extensive wine list and a number of classics on the menu, from bouillabaisse to Andre’s Burger. At the same time, it features a casual “neighborhood bistro” ambiance at a more affordable price point than its predecessor.
Based in Suffield, Connecticut, Dan Sapienza is a UConn economics graduate working as a solo equities day trader. Passionate about renewable energy, UConn alumnus Dan Sapienza supports the XPrize Foundation. The XPrize Foundation is focused on utilizing clean energy to solve problems such as water scarcity. In late 2016, XPrize announced a challenge to draw 2,000 liters of water from the atmosphere, using only clean energy, at a cost of two cents per liter. The atmosphere has enough water to meet the needs of the global population. However, producing it at two cents a liter requires technological engineering well ahead of what many water companies have.One of the teams taking part in the competition is from IIT Madras, a research institution in Chennai, India. To develop the next-level technology, the team, led by Professor T. Pradeep. sought inspiration from nature. Grass has cold pointed tips where water droplets condense while insects utilize small bumps on their surface to condense atmospheric water. Armed with this knowledge, one of the team members developed a glass torch with a metallic grassland where water droplets can condense. The team is now using the same technology to develop a larger cooling device that can dispense the condensed water.
Based in Suffield, CT, Dan Sapienza is a University of Connecticut (Uconn) graduate who has successfully pursued Wall Street day trading strategies since the late 1990s. Dan Sapienza has an economics degree from Uconn and employs traditional research-based methodologies in picking stocks to trade. An avid CNBC watcher, he pays particular attention to companies and markets worth investing in. One aspect of this equation involves identifying intermarket dynamics before the general investing public catches up with them. Examples of such complex asset-driven scenarios include a situation in mid-2014 where the price of crude oil plummeted, stocks took a major beating, and the dollar strengthened significantly. Given that these trends are interrelated, investors would have had a number of ways of achieving similar returns. These include shorting stocks and crude oil, and going long on U.S. currency. In early 2017, a primary trend involves interest rate increases, with a number of interrelated financial market asset classes such as insurance and bank stocks likely to benefit. At the same time, this trend is likely to boost the dollar and work against the value of gold. Commodities are expected to trend on a downward or neutral slope. These macro-level trends thus influence the types of investments that make the most sense.
Capitalizing on his economics degree from UConn, Dan Sapienza of Suffield, CT, earns his living as an independent day trader, buying, trading, and selling stocks for profit throughout each business day. Unlike many such traders, Dan Sapienza trades entirely with his own money, rather than borrowed capital, which allows him the freedom to take greater risks and the patience to invest in long-term trades that many others in his business could not afford.Becoming an independent stock trader may be easy, but roughly 90 percent of those who attempt it end up losing money and failing. Many amateurs are tempted by the great success stories: the boom of Internet stocks in the late 1990s that brought tremendous profits with little effort, the former gambler who now trades over $1 million daily, or the high school student who turned $10,000 saved from part-time work into $300,000 by trading on his iPhone. While the first case was largely a matter of lucky timing for many, consistently successful traders will insist that their work requires constant research and study, the honing of skill, and the willingness to take the risks necessary to put it all into practice and accept failure as an object lesson.At the very least, most day traders require an initial investment in a high-speed Internet connection to track all the necessary information as closely to real time as possible. Aside from this vigilance, a successful day trader needs a thorough understanding of the intersection between economics and statistics in order to have the best odds of correctly predicting changes. For many who operate entirely on a day-to-day basis, elaborate software must be put into place to give the trader predetermined notifications and alerts to particular movements in the market, as they cannot afford anything other than the smallest losses. Regardless of strategy, personal discipline is essential; a short-term trader can’t afford to stubbornly hold on to a failing stock in the hopes of a sudden resurgence, while a long-term trader can’t afford to panic at a temporary downturn and sell at a loss.
