Traders4ACause takes over Tuscan Kitchen! We reserved the entire second floor for our Inaugural Holiday Gala. I’m extremely excited to have oversold this event with over 175 guest attending! We’ll be having dinner, silent and live auctions, and countless raffles! Thanks to all who have helped support so far!
If you weren’t able to make it, please consider a small donation. 100% of proceeds will go directly to the causes supported at the Dec 6th event!
Most of you already know the Traders4ACause Story – In 2013, we founded our non-profit organization to support and promote charitable works and giving among members of the stock market day trading community. As full time day traders, educators, and brokers, the board and those involved have parlayed their ability to reach others involved in the markets to an annual meet and greet golf tournament and conference each year in Las Vegas, Nevada. This year, we raised over $175,000 at the event!
However, there’s a second part to the charity that doesn’t involve any stock talk at all! The further mission of Traders4ACause is to support local charities needing assistance raising donations by hosting, sponsoring and executing local events. Earlier this year we supported Honor Flight New England (Hooksett, NH).
As you saw on our blog we’ve already donated $85,000 to GiveWell this year and another $67,000 for BCRF! But if you noticed we hadn’t presented our last check to Honor Flight of New England. Tomorrow night we’ll be presenting a check that’s going to help put a flight in the air for Father’s Day 2016.
I had the fortune to be able to experience the Honor Flight first hand on November 1st as we flew out of Logan Airport on a chartered flight to the memorials. Not only was it an absolute honor to be among these heroes; it was extremely humbling at the same time. May we never forget that freedom isn’t free! I’ll have a blog post in the coming weeks about my trip, our check presentation and what that entails and one of the most exciting pieces to this entire donation. My programmer has donated a credit for a brand new website that’s going to help them create awareness and raise more money for these Veterans in the future! After all, they’re all in their 90s and we’re losing them at nearly 1,000 a day.
Tomorrow night’s event we’ve chosen the Building Dreams for Marines Foundation (Londonderry, NH).
Building Dreams for Marines has been established to assist Marine veterans with life-enhancing modifications to their homes. For our brave men and women who have lost some aspect of their mobility, Building Dreams for Marines steps in to provide no-cost planning, designing and building services. From access ramps and railings to stair lifts and more, our organization seeks to serve those who have selflessly served America.
I’ve known the President of Building Dreams for Marines and many of the volunteers that have helped him along this journey and it never ceases to amaze me at just how far the dollar can go when people put a foot out to help. Whether it be contractors volunteering their employees, suppliers giving products at cost or companies sponsoring entire projects there’s nothing better than seeing these Marine Veterans get the help they truly deserve.
Be sure to check out the following video covering one of their projects.
On Sunday night we’ll be in the presence of two Marine Veterans who received help from Building Dreams for Marines: Gunnery Sgt. Bernie Ruchin and Corporal Paul Pratt (both will be sharing their stories).
Thanks to those who supported on Friday when we tweeted out! If you haven’t donated and would like to feel free on our donations page!
— Traders4ACause (@Traders4ACause) December 4, 2015
This past September we were very fortunate to meet Sean Conley, a Research Analyst at GiveWell. He presented at our Second Annual Charity Conference and Golf Tournament.
GiveWell’s mission is to find outstanding charities and to publish the full details of our analysis to help donors decide where to give.
After raising over $175,000 at this year’s event, GiveWell, one of our beneficiaries, received $85,000!
GiveWell was founded in 2007 by co-founders working at hedge fund who had some extra income to donate. They wanted to do as much good as possible but had trouble getting good information. They quickly realized that researching these charities is a full time job. That’s when they started GiveWell.
- Tries to apply the same rigorous analysis from the financial world to charities
- Provides in depth research to find outstanding charities.
- Don’t rate every charity, just try to find the best giving opportunities
- Website, extremely transparent, extensively cite all of their research
- They publish all of their research and reasoning on their site so anyone can vet it.
Although they started researching domestic and international charitities, they’re now focused on just international ones. Many problems are so severe in foreign countries, so they’ve found you can make a much bigger difference overseas.
The best part: They have a set of core donors who believe strongly in their mission and pay their operating costs.
To really dissect exactly what they do I think it’s best to take a look at a case study we were informed of at the Traders4ACause event in September.
When Sean was presenting at our Las Vegas event, he explained the case of a charity called PlayPump. I hadn’t heard of it and initially thought it what brilliant idea! PlayPump is a Merry go round that pumps water while children play. Not only does it provide water for the village, but it helps kids exercise and have fun! This seems like something that would be easy to raise money for and a great cause to ensure more water.
Well, there was a reason why Sean brought this up as a case study:
- $10 million from U.S. Government, $5 million from Case Foundation
- Announced by Laura Bush at Clinton Global Initiative
- World Bank Development Marketplace Award
- Media attention from the BBC, PBS
When the PlayPump was researched further, it was found that when the kids stop playing, the women do all of the work (look in the back ground of this picture).
PlayPump had ripped out their original pumps and the people wanted them back. “We prefer the borehole we had before” said one local.
They took it a step further and had one contender try to fill up a bucket with the new PlayPump “system,” which received millions and millions of funding. It took three minutes with the new way vs. the old system, AfriDev, which took only 30 seconds.
This is a story not only of a charity not helping but it’s one where the charity actually harmed the people it wasn’t trying to serve.
As Sean said:
“PlayPumps wasn’t a small unknown organization. It received awards and recognition from some of the largest and most reputable institutions in international aid”
“I think there is a very simple moral to this story: Good intentions are not enough to make a difference. The people who designed PlayPumps were good people, with good intentions, but the outcomes were lousy.”
The charities that sound the best don’t always help the best. It’s good to know which ones FAIL because it allows money to move onto other BETTER ideas. A lot of the time, no one ever finds out if they actually DO work or not. GiveWell tries to identify which programs actually make a difference.
If you have any questions about GIveWell feel free to leave comments below!
Thanks to each and every one of you who help support the causes this year! Make sure to also read about the $67,000 we raised for BCRF.
We look forward to seeing you all in 2016!
Thanks for reading
– Nathan Michaud (Traders4ACause President)
One of our beneficiaries for our Traders4ACause Annual Charity Trading Conference and Golf Tournament was Breast Cancer Research Foundation (BCRF).
Their mission: To achieve prevention and a cure for breast cancer in our lifetime by providing critical funding for innovative clinical and translational research at leading medical centers worldwide, as well as to increase public awareness about good breast health.
Myra Biblowit was kind enough to come to our event and speak to us about what their mission is, what they’ve done and how far they’ve come. As part of Traders4ACause mission we want to be sure that the money we give to different foundations is being put to work.
You can check out BCRF on Charity Navigators and Charity Watch. I couldn’t believe that 91 cents on every dollar goes directly to support the programs they’re raising money for. This is NOT common for many charities.
— Traders4ACause (@Traders4ACause) October 23, 2015
On October 23rd I was able to present the $67,000+ check in person to Myra Biblowit which was a real pleasure. She is such a nice woman. I cannot even begin to tell you how taken a back I was by how she treated us. Everyone at the table my wife and I were seated at knew all about Traders4ACause and what we had done. For a company that raises some big amounts of money, I just couldn’t get over how personal she made it. At the end of the event Myra said a “Special thanks to Traders4ACause which I had the opportunity to speak at this past September for really sending this luncheon over the top by selecting us as a beneficiary.”
This is because of everyone who helped make a difference last September whether in person or via donations to help us put on the event. I want to personally thank everyone on behalf of Traders4ACause for taking part in such an amazing year!
We wouldn’t have been able to do it without each and every one who took part in the cause. Thanks so much for helping make a difference.
Thanks for reading
– Nathan Michaud (Traders4ACause President)
We want to thank everyone who took part in our Traders4ACause Annual Charity Trading Conference and Golf Tournament. It was an amazing success with over 170 attendees. Last year, we were able to raise $100,000 and this year we ran that number up by 75%, raising over $175,000 for charity!
The organization is self-funded by those on the board and sponsors so that 100% of the proceeds received can go directly to the causes.
This year’s beneficiaries were GiveWell, Breast Cancer Research Foundation and Honor Flight of New England. We’ll be posting follow up blog post once we’ve delivered the donations to these causes!
Here are a few pictures from this year’s event:
If you have any questions about the event feel free to reach out to us directly right off the contact page! We look forward to seeing each and every one of you back next year! Thanks again for your support.
We at Traders4ACause had an email this morning sitting in our box that we just couldn’t hold back from sharing any longer!
Tim Bohen who regularly blogs at tbohen.com offered the following testimonial about our event in Vegas this past year!
The Traders4ACause event was easily the best and most valuable business/social event I have ever attended. I gave what I thought was a very generous donation, but even after just the first day I started feeling guilty that I did not donate enough. First off the charities that T4C chose were beyond what I ever could have found or donated to myself. But in addition to that, being greedy and selfish like I am, the value that I gained from the conference was worth 10X what I donated.
You can visit the T4C page and check out the charities that they selected and make your own judgements, I will continue with my review of the value and entertainment that I gained from the conference.
The first day was a golf and networking event with a great bunch of people. The course was TOP NOTCH, I’ve played on some high level courses before but the course they chose exceeded anything I have ever played. The scenery was so awesome it would have been worth it just to ride along in a cart and sight see. I scrambled with three really cool and interesting guys, we talked day to day stuff, and trading, it was a perfect mix of learning from each other and just plain bullshitting.
During the next two days, the agenda was packed with some of the best and most inspirational speakers I have ever heard. Over the past year I have been looking for that little something to help push me over the top to the next level of trading. I truly feel that this conference will be that.
I don’t think any event out there exists where you can network one on one with REAL traders, this is not some BS seminar that you see advertised on CNBC, these are REAL PEOPLE with REAL track records of success.
The presentations were actual recounts of what they have done and learned to be successful, not just a bunch of crap regurgitated from every self help book you can buy for $5 on Amazon.
What I learned and was inspired by in the two days of conferences made me a better trader and a more intelligent person, I cannot begin to put a price on that.
I kind of glazed over the “fun” stuff because I cannot say enough good about the learning sessions. But the food was top notch and the nightlife too. Every meal was top shelf and every night there was a cocktail session at some really cool bars.
I don’t care what your level of success or experience as a trader is, if you have any interest in improving, (which I hope you do) than you will attend this event next time.
It truly is life changing, for yourself as well as someone in need. (Via the charitable donations)
Thanks to everyone who helped make Traders4ACause First Annual Charity Trading Conference and Golf Tournament a success !!
Beneficiaries For 2014 Event:
— Traders4ACause (@Traders4ACause) November 11, 2014
Everyone who has donated and/or attending our Vegas event will be entered into a raffle to win:
TradeontheFly is donating a round trip , domestic, airline ticket to Bozeman ,Montana for one person, plus 2 days guided fly fishing with Michele on either the Yellowstone or Madison River, plus 3 nights lodging and meals. It does need to be used in 2015 probably between July 1 and the end of September for the best fishing.
Here is Sang Lucci’s blog post to members:
Here at Sang Lucci, we are pleased to announce that Haim Bodek and Anand Sanghvi (aka “Lucci”) will be speaking at the Traders4ACause charity trading conference, hosted by Traders4ACause on October 3-5 in Las Vegas. Nathan Michaud, founder of Investors Underground and member of the Traders4ACause organization, has been trading since the early 2000’s and is now known as a prominent small/mid-cap equities trader. This is the first event of what he hopes will grow into an annual tradition. From the looks of the sponsors and speakers, this is a must-attend gathering for traders who are looking to connect with some of the pros.
With Haim recently in the news for helping to curb the proliferation of unfair order types, we feel that it’s a perfect time to impart some of the knowledge we’ve gathered about the way these modern markets really work. Algos, HFT’s and dark pools have taken over a lot of the limelight recently, and retail traders are finally starting to pay attention. Traders need someone to guide them through this complex market environment, and Haim Bodek is the right man for the job. Haim has been at the forefront of market structure issues since the release of Regulation NMS in 2007. He’s been on both sides of the coin, and his presentation will be a great addition to the all-star cast lined up for this conference.
We’re also pretty big on the psychology of trading here; Lucci has written and toiled endlessly about this topic, while helping many students get back on track after difficult trading periods in their careers. Every trader has problems in this area (including Lucci himself), which is why things moved so violently towards automated trading. Defining good emotions versus bad emotions and staying focused during the trading day in the face of losses are big challenges to most hand traders. These psychological challenges implicit to the field have paved the way for trading coaches like Brett Steenbarger, who will also be speaking at Traders4ACause. Dr. Steenbarger was one of the first to write in detail about the psychology of trading; we’re already excited to hear his presentation in Vegas.
Speaking of good emotions, all donations at Traders4ACause will go directly to benefiting this year’s designated causes: alleviating poverty and curing Parkinson’s disease. So in addition to these great presentations and other conference events, you’ll have the opportunity to help support some really great work with like-minded traders. For us to be able to do what we do, to do it out in Vegas, and to do it for a good cause? It’s a no-brainer.
Team BioRunUp is pleased to be attending the Traders4ACause First Annual Charity Trading Conference and Golf Tournament in Las Vegas October 3-5. We would like to formally invite all BioRunUp subscribers to attend this event with us and support this great cause. BioRunUp founder Mark Messier and BioRunUp Options “guru” Steve Johannsen (as well as BioRunUp friends @JohnWelshTrades @GetBillASAP @shaneblackmon @ChetStedmon and others) are looking forward to using this opportunity to spend time with fellow traders and talk about trading.
See the details below for information on the conference, and how you can register today, before the minimum suggested donations (100% tax deductible) increases. After you sign up, make sure to send us an email, so we can schedule a meet up.
Sign up HERE
We’ll see you in Vegas!
Conference details from Traders4ACause:
October 3-5, 2014 will be the first annual meet and greet scramble golf tournament and stock conference. This year’s beneficiaries will be Care International and Dystonia and Parkinson’s Foundation. The conference is “self-funding” the operating costs so 100% of your donations go straight to the cause!
InvestorsLive has an unmatched panel of speakers including Dr. Brett Steenbarger from TraderFeed, Roddy Boyd from The Financial Investigator and Southern Investigative Reporting Foundation , Bill Simpson from Yellowdog Fund, Jamie Lissette of Hammerstone, Sang Lucci, and HFT expert Haim Bodek of , Daniel Mardorf aka@JohnWelshTrades, Michail Shadkin aka @EpicaCapital and a round table with most of the guys –InvestorsLive, @modern_rock and Gregg aka @lx21.
There has already been a great response — many members of the trading communities and respected twitter traders are attending as well as speaking. Because this is the first year of the event seating is limited, so on August 15th, the minimum donation will rise to $750. To ensure you have a seat please reserve your spot before then! Make sure to reserve your room at the discounted rate on Mandalay Bay discounted website.
The goal with this event is not just stocks, but an excuse to meet everyone, have fun, learn and do great things at the same time. We all work together daily online, so this is a great chance to meet one-on-one and share funny trading stories in person.
InvestorsLive has two great cocktail receptions planned, one at the brand new Chayo Mexican Kitchen + Tequila Bar, a tour of the entire city from ride on the world’s tallest observation wheel, the High Roller, followed by a thank you brunch Sunday! I hope to see you all there and look forward to taking the 1st annual scramble golf tournament champion title.
Email sent to CenterPoint clients:
CenterPoint Securities is excited to be the lead sponsor of this year’s Traders4ACause charity trading conference and golf outing to be held in Las Vegas, Nevada October 3rd -5th (www.traders4acause.org). Traders4ACause, now a 501(c)(3), was founded to promote philanthropy and spread generosity in the trading community. Traders4ACause works with many great charities to improve the lives of people around the world.
Last year, CenterPoint and Traders4ACause collaborated to raise $30,000 for Building Dreams for Marines and The Rapunzel Project, mostly through the generosity of CenterPoint clients and a matching donation from our firm. This year, the beneficiaries of our efforts will be Care and The Bachmann-Strauss Dystonia & Parkinson Foundation.
Please refer to the links below for more information about this year’s charity event to be held at Mandalay Bay and DragonRidge Country Club. We would be thrilled to have you join us. If you are unable to attend the event, an online donation is also greatly appreciated. All donations are 100% tax deductible and all monies raised go directly to charity (sponsors will be covering all hard costs for this year’s event)
The CenterPoint Team