Episode 9: Abraham and Cullen

The apprentice today is Patrick Cullen. Patrick is having a rough ride. He has tried most methodologies and most of the markets without finding his true trading home. We talk about how to find it, how to build trust in your methodology, and about the value of persistence and knowledge.

The Master feedback comes from Andy Abraham Continue reading Episode 9: Abraham and Cullen

Breakout systems; the role of volatility

One of the systems that has always appealed to me because of its simplicity is the breakout. In the breakout you’re buying strength and selling weakness so it makes intuitive sense. But how does it fare in real life? In this series of articles I’ll be looking at this simple system and investigate how one may optimize it. Continue reading Breakout systems; the role of volatility

Episode 7: Smith and Gibbons

The apprentice today is Scott Gibbons. Scott is a brand new trader, trading only Forex for the time being. We talk about the importance of the daily process, systems development, and how to overcome being underfunded.

The Master feedback comes from Robert F. Smith, author of the newsletter Smith In The Black. Besides trading his own account, Rob coaches and trains other traders. Check out his YouTube channel and his profile on www.t3live.com. His high energy feedback to Scott involves topics such as risk management, trading equities via options, and how to gain confidence in your own capabilities as well as in your system.

Episode 007: Smith-Gibbons

Episode 6: Burns and Jarvis

The apprentice of today is James Jarvis. James is mainly trading his retirement account using a long term approach. We talk about how to wait for the right trades, sticking to the system, and how to combine candlestick reversal patterns and trend following.

The Master who listened in is Steve Burns Continue reading Episode 6: Burns and Jarvis

Episode 5: Guruprasad and Basso

Today’s apprentice is Guruprasad from India. He has been playing the markets since 2006 with wild swings in equity. Thanks to luck, he claims, he came out profitable. We talk about what happened then, and how he completely turned his market views around and became “a refined guy” from reading just one single book.

The Master who listened in is Tom Basso Continue reading Episode 5: Guruprasad and Basso

Episode 4: Ferguson and Miller

I this episode I talk with Mike Ferguson. Mike is a college student and has been trading for less than a year. We talk about trading systems, specifically what goes into a system and how to design it. We also talk about trader personality and emotional command.

The Master feedback comes from Todd Miller. Todd is the Continue reading Episode 4: Ferguson and Miller

Episode 3: Wenzhan and Ebert

The apprentice’s conversation is between myself and Wenzhan. Wenzhan has been trading for six years and is still alive, although not with the consistent profits yet. We talk about riding the roller coaster, about the art of taking profits, about consistency and balance, and about support from your network.

The master feedback comes from Christopher Ebert, also known as Continue reading Episode 3: Wenzhan and Ebert