Alvin Chow Lost $100,000 — Here’s How He Changed His Investing Approach - Ep 20

In this episode of The One Good Chat Podcast, Joey and the team welcome Alvin Chow, CEO and co-founder of Dr Wealth, to discuss factor investing, trading strategies, and financial freedom. Alvin shares lessons from his early trading mistakes, explains how investors can use value, momentum, and other factors, and explores why patience, diversification, and managing emotions matter. He also discusses using AI for investment research without falling into confirmation bias. Check out Alvin Chow, Co-founder of Dr.Wealth here:    / @drwealthvideos   🔔 Subscribe for more episodes and our weekly “Ask Me Any Stocks” Friday sessions. #podcast #stockmarket #debtfree #financialcrisis #mindset #tradingpsychology Timestamps: 00:00 Too much investing information 00:47 Introducing alvin chow from dr wealth 01:27 Alvin's early trading mistakes 04:58 Learning to trade systematically 08:17 Starting dr wealth 10:05 Leaving a stable career to build a business 14:39 Understanding factor investing 16:10 Value size momentum and quality factors 17:44 Using etfs for factor investing 20:10 Building a momentum based portfolio 22:43 Thinking in terms of portfolios not stock tips 25:17 Can retail investors beat the market 27:26 The danger of strategy hopping 29:50 When to sell a falling stock 30:49 When buying the dip makes sense 32:05 Stop losses for trading versus long term investing 34:09 Defining financial and time freedom 39:16 Making time for family 44:13 Why investing is about strategy not stock tips 47:01 Filtering financial content and avoiding noise 53:18 Using ai without confirmation bias 56:32 Rapid fire investing questions 57:33 Lump sum investing versus dollar cost averaging 58:20 Singaporeans and property concentration 59:54 The biggest lie investors tell themselves 01:00:25 Advice to a younger investing self 01:00:53 Closing remarks 📈 | FREE Online Masterclass on Entire Framework: https://www.onegoodtrend.com/registra... 💬 | Want to get TOP SG stocks ideas like these by WhatsApp LIVE as it happens for FREE? (daily) » https://www.joeychoy.com/private-clie... 📊 | If you'd like to get access to my 1GT (Lite) Trading Indicator For FREE to become a consistently profitable trader, take a look: https://www.onegoodtrend.com/1gt-lite... ★☆★MEET JOEY CHOY★☆★ Joey Choy, is Singapore's renowned mentor on how to make an income from trading the stock market, an author and one of the most-watched, quoted and followed stockbroker. Joey’s come back story from a S$740k debt has been featured in the Business Times and inspired thousands in Singapore. ★☆★CLICK HERE TO SUBSCRIBE TO JOEY'S YOUTUBE CHANNEL NOW:★☆★    / @joeychoy   ★☆★ CONNECT WITH JOEY ON SOCIAL MEDIA ★☆★ Facebook:   / tradingimpossible   Youtube:    / joeychoy   Instagram:   / joey.choy   Tiktok:   / joey.choy   Blog: https://joeychoy.beehiiv.com/ --- DISCLAIMER: All content on this channel is for informational & educational purposes only, and shouldn't be taken as personalized financial advice. Always consult a financial advisor before making important financial decisions.