Dario Mofardin. An atypical trader's success story
How many incredible stories do you know of traders who in an unimaginable way climbed to the top of Olympus? Many examples immediately come to mind.
However, all these traders are either typical insiders, whose success is based only on an advantage in access to information, or were able to realize themselves purely on the stock exchange.
The most interesting thing is that it is very difficult to find success stories directly related to the foreign exchange market, which, due to its accessibility, is more popular among ordinary people.
It is almost impossible to find a trader who used exactly the same tools in his trading as you, despite the fact that most of them have long been written off.
However, such people exist, and one of them is Dario Mofardin, who in turn is the most versatile and flexible trader in the world.
Dario Mofardin never mentioned his early years and childhood in his interviews with journalists, with the exception of the story of how he ended up in the foreign exchange market.
The fact is that his best friend’s father was a real trader who conducted independent trading at home. The very young Dario was very fascinated by such a simple way of earning money without leaving home, after which he plunged headlong into the educational process.
Dario chose his education so that it would help him make a successful career as a trader. Moreover, before joining Deakin University in 1990, he had already had a year of very successful trading.
In one of his interviews, he noted that at that time there were excellent upward trends, and all of his positions were open for purchase, which allowed him to earn an impressive sum in the first year.
However, once the market turned, he gave away almost everything he earned. Between at the initial stage he was guided only technical analysis, namely, traded from levels within the trading day.
At the university, one of his teachers was also a professional trader who practiced in the options market.
The acquaintance of the student, who was actively trading at that time, and the teacher with real trading experience became fatal for Dario’s future career. The fact is that the teacher took responsibility and recommended his student to the Portland House Group for the position of analyst.
However, the management, having analyzed the statistics of the young trader, saw greater potential in him, since he managed risks very competently.
Therefore, after working for less than six months, he was assigned to the son of the chief director, who was a trader in the bond market and masterfully owned Eliot's wave theory.
Also, in parallel with his work, Dario continued his studies at Melbourne Business School, upon completion of which he received an MBA diploma.
After working as a trader for two years, Dario Mofardin decides to radically change his activities.
So after leaving the company, he moved to Morgan Stanley, and four years later to Lehman Brothers. Actually, in these companies he was a kind of investment banker who was responsible for the merger departments of enterprises.
According to Dario Mofardin, this allowed him to significantly expand his horizons as a trader; he finally realized the importance fundamental analysis and drew some parallels between the event and the market reaction.
As he argued, having attended such negotiations, you begin to understand the whole underbelly of the movement of stock prices.
Since 2008, Dario has founded the Mars Capital Partners fund, where he is actively involved in the global management of client finances. The fund uses assets in various markets, from the foreign exchange market to the bond market, as well as shares.