Cyrus Abrahim and Kyle McChesney are prolific traders on the Stock Market. As members of another stock market service in late 2019, the duo continuously encountered stories of young Americans losing it all on the Stock Market. Thus, the idea for SlapStocks was born.
Compelled to put their skills to work and help their fellow Americans make educated decisions that would yield consistent returns when trading, Abrahim and McChesney founded SlapStocks in early 2020. SlapStocks is a subscription-based educational community that provides tools for traders of any experience level to build on their knowledge base and become a better trader. Launching prior to the COVID-19 pandemic, SlapStocks continues to offer a plethora of product offerings,including webinars, live trading, group training, and 1-on-1 mentorship.
“We realized many services, including the one we were in, did not check all the boxes necessary to build confident traders,” Abrahim recalls. “We knew we were not alone in this thought process and started brainstorming ways to increase member confidence while maintaining the psychological mindset that drives consistent gains. Together, we developed a holistic model that looked at the trader as a whole instead of only focusing on certain components of the art of profitable trading.”
Abrahim and McChesney worked diligently to create custom-tailored trading plans that would allow any trader, regardless of portfolio size or socio-economic background, to learn the art of risk management, profitable trading, and, most importantly, the psychological refinement required to be an effective trader.
Their hard work paid off. Abrahim and McChesney sat back and watched as their solid beliefs in consistent gains guided their fellow Americans down the road of financial success. They had created not only an extraordinary educational trading program but a family, a community of like-minded individuals who were willing to jump in and help their peers, day or night.
Then, the COVID-19 Pandemic hit. “We knew the demand for stock market education was high prior to COVID,” Abrahim notes. “However, as COVID turned our country’s economic landscape upside down, we saw many displaced Americans turn to the Stock Market looking for a steady income stream.”
Like millions of small businesses in America, COVID-19 hit the Stock Market with massive turbulence. Abrahim and McChesney had to reevaluate their trading methods and learn how to navigate the unchartered waters, all while steering to safety. Continuous improvement of their current processes is an ongoing project, in addition to their partnership to work towards building a State-of-the-Art application to assist traders in their day-to-day trading. However, the duo remains confident in their mission to help other traders achieve success. Abrahim explains, “We engineered learning tracks so powerful that we were able to expedite our memberships skill set, granting many who were new to trading and suffered exponential loss, the ability to recover.”