Sorry, but I have an important meeting tomorow so there’ll be no LiveStock, click HERE to watch on demand from last week or any other week too.
To make up for it, here’s an interview I did with a trader who not only wrote a great book, but we’re also gonna be doing a full-day seminar, think 8 hours+ with lunch and cocktail party here in NYC in late February, like February 21st (just in time for the NYC Trader’s Expo…more details coming soon, price is gonna be $1,000+, still waaaaaay under most snakeoil salesman–and we’re real!!!…aka just one good trade…contact me if you interested and I’ll make sure you’ll be kept in the loop).
Okay, I’ll shutup now, here’s Brian:
1. What’s your background?
I graduated college in 1991 and have been involved full time in the markets since. I have been a retail stockbroker, ran a small hedge fund, owned/managed a daytrading office, and a few other positions, but I consider myself a trader first and foremost.
2. What’s your trading style?
Lately it has been primarily daytrading because of the extreme market volatility, but I like to swing trade when market conditions are less volatile. My current approach can be best described as short term trend trading.
3. How have you done in 2008, % or $-wise, yeahhhhh, be transparent!
My money, my results, my business, but I have done well. If I were trying to raise money to run I might feel differently but the service I provide to readers is education, not profits. Readers should be more concerned with what they can do with the information I provide rather than worrying about my financial well being. Look at all the nonsense you have to deal with by providing the information you do, it just isnt worth the aggravation to me.
4. Best trade and the lessons from it?
Ever? After 9/11 I got heavily long security stocks and held. Lesson, when you have conviction and prices confirm your thesis it is okay to swing for the fences.
5. Worst trade and the lessons?
Not my worst, but best documented bad trade
6. Why’d you write a book (see my review HERE), tell us about it
To provide answers to questions which arise from blog readers and to “leave my mark” on the trading world.
7. Why do you videos for free, don’t you realize 90% of traders are failures….since you’re successful, you could literally charge people to watch you cook breakfast if you can convince them it’ll help their trading.
I like to have my freedom and not hold hands on individual trades. Each trader has to find their own best way to deal in the markets.
8. Speaking of, what did you have for breakfast today? Do you have a special successful trader diet?
Exercise followed by coffee, a banana and yougurt.
9. How do you find stocks to trade?
I look at hundreds, actually thousands of charts each day. That is actually the subject of the final chatpter of my book.
10. Think i’ll ever change your/other people’s minds about trading penny stocks?
I don’t think that should be your goal. You should focus on helping people be good at what they want to be good at and if it is penny stocks I think your methods should be considered by anyone interested in that market niche.
Posted in Interviews, Q&A, Real Wall Streeters