In 1987, Ichu Peng arrived in Los Angeles from Shanghai with only $20 in his pocket. After a modest dinner with a friend, he had $13 left and faced an uncertain future. He was accepted into University of Arizona's bioengineering program, where he slept on a couch at the Chinese Union and washed dishes in order to make ends meet.
At the beginning of 1991, Ichu made his first investment, buying a $31,000 house in Tucson, becoming the first foreign student to own property in Tucson, Arizona. With local rent being $450 and the mortgage being $310, buying was the logical choice.
In fall 1991, Caltech hired Ichu as a research scientist. While in Los Angeles, he attended a presentation held by William O'Neil, the founder of Investor's Business Daily, sparking his interest in trading. Early on, he invested in pioneering companies like Microsoft, AOL, and Sun Microsystems, turning trading into a side hustle while conducting his research at Caltech.
Ichu then spent 20 years at Pfizer as a top vitamin research scientist, eventually declining a management position in order to pursue his own ventures.
In 2017, Ichu purchased St. Paul's College to help foreign students adapt to U.S. education.
After running the college for two years, he decided to shift his focus entirely to trading and teaching others how to achieve financial freedom. He sold the campus but kept the brand, planning to eventually relaunch St. Paul's College with a cutting-edge curriculum teaching modern skills like software development, e-commerce and finance.
Today, Ichu's life revolves around trading.
He wakes at 4 AM to analyze markets and share signals with his students, helping them achieve financial freedom.