Index
TraderSpeak
Volume 1,
v1.1
Volume 1 cd one
1. Adrian Burridge 23 mins
File:
BURRIDGE1.mp3
Private Futures
TRADER: UK
Born: 1948 Years
in the Market: 6
Method of
Trading: Technical, System
It
was obvious from early on that Adrian was different. With his incredible
ability to observe and apply mathematical logic to the market, Adrian is a rare
animal. He makes up his own systems. However, like many creative people, he has
had to grapple with discipline in the market and he has devised a series of
rules and practices that should be useful to any trader getting off first base
in order to cope with the reality of dealing in markets.
2. Valery Ann Moore 1h
Files:
VALMOORE1.MP3 & VALMOORE2.MP3
Private
futures TRADER & Spredbetter: UK
Born: early
1950's Years in the Market: 6
Method of
Trading: Technical, System &
Discretionary
Val trained
at the same time as Adrian. She has the amazing and rare gift of being able to
blend a system with her own discretionary approach, making her a successful
private trader. She has put her finger right on the money (excuse the pun!)
when it comes to men and trading - at least some men. Well worth a listen!
3. Alex
Benjamin 1 ½ hr
Files: ALEX1.mp3 & ALEX2.mp3
Born: 1954 Years in the
Market: 28
Private/Floor/Institutional &
Bank TRADER: BROKER: Alex Benjamin: UK, FRANCE
Method of Trading: Various
Alex’s
ambition to be a stockbroker began at the tender age of five. In the markets
since the mid 70's, it is clear that this man has a great level of experience,
ability and aptitude under his belt. Alex works in one of Europe's largest
brokerages and is a key dealer. As the interview progresses you will experience
the consummate professional at work while he breaks off the conversation to
issue orders and strategies on markets to other traders who are executing them
on his behalf - and in more than one language. Listening to Alex juggle this
while conducting a fascinating interview on different aspects of trading makes
one appreciate the level of skill that he brings to the table.
4. Chris
Antonio 2 ¼ hr
Files: ANTONIO1.mp3, ANTONIO2.mp3
& ANTONIO3.mp3
Floor TRADER, Private TRADER, BROKER:
USA
Born 1959 Years in the Market: 19
Method of Trading: Technical
Main Instruments: Equities, Options, Futures
At college,
Chris became interested in the markets and started on the Pacific Stock
Exchange San Francisco floor. Chris always "looks for
inefficiencies". In his seven
years on the PSE floor Chris went from order entry clerk to Market Maker, and
he describes the mechanics of order processing and how orders were handled and
routed on this floor, where voices once rang out in open outcry. The Pacific
Stock Exchange has since closed its doors. Chris describes the PSE floor during
the 1987 crash, and how he and others reacted. How "quiete" the floor
became and how by Tuesday morning the stock exchanges in the worlds largest
economy had effectively crashed to a halt and how, at last, "bids"
began to appear again on the tape as the markets were jump-started back into
action.
Learn how
the mechanics of market making worked on the PSE. He described how the market
worked then and how it works now. In 1996, Chris set up his own broker dealer,
even though he mainly trades for himself. He describes how he combines
techniques with the use of intuition to decide which technical tools to use. He
relates some of the tricks and techniques used.
Chris
describes how he tailors his trading and options strategies to different market
conditions. Chris is a "buddy
trader". He trades with a small group of associate traders and prefers
this to sitting alone and trading.
"Everything
is always evolving and is oozing toward greater and greater efficiency. So a
lot of the inefficiencies and ways we played in the market years ago simply
don't exist anymore"
"I rely
(now) mostly on chart formations and just price and volume primarily with an
oscillator here or there ... "
"Over
time the tools become dull and they stop working very well ... Even back in my
floor days I could see a lot of the old timers becoming grumpier and grumpier
because their old edges were disappearing."
Extract from
the internet:
It's the
Final Bell for the Pacific Exchange
Pacific
Stock Exchange‑Los Angeles
05/25/01‑
The once‑bustling trading floor, which began as the Los Angeles Oil
Exchange, officially closed its Beaudry Avenue location west of downtown at
1:30 p.m.
A group of
people counted down as the final moments came.
"The
sentimental side of me is very sorry to see the floor go away," Dale
Carlson, a spokesperson who has been at the exchange for 14 years, told a local
newspaper.
"But
there's little value in sentiment in this industry in this age. Most, if not
all, stock‑trading floors are going to disappear."
In the early
20th century, there were more than two dozen U.S. stock exchanges. Today ‑‑
in an era when trading in cyberspace is making bricks‑and‑ mortar
stock exchanges less and less relevant ‑‑ there are seven.
5. Melissa
Arden 49 mins
Files: ARDEN1.mp3
Floor /Institutional TRADER, BROKER,
Exchange Rep: AUSTRALIA
Born: 1964 Years in the Market: 19
Method of Trading: Technical
Main Instruments: Futures, Stocks, Options
Melissa was
born in Cheshire in Northern England but moved to Australia at a young age. At
20 years old she started work in Sydney for Bain and Company, a prominent
Australian stockbroker. After joining the options team at Jardine Fleming and
starting to trade successfully for her own personal account, she became an
options market maker on the options floor of the Australian Stock Exchange. Melissa
speaks clearly and wisely about the psychology and approach necessary to be
successful in trading, and how to deter success from going to the head. She
also speaks about the transformation to electronic markets in Australia, as
well as options strategies and the workings of an options market maker,
including her "get on with it" approach to life in general and the
challenge of dealing in a male dominated environment.
On the
options floor she was one of three "girls" amongst 150 men. She
believes being a woman in the male dealing environment is an advantage.
Melissa's pro positive approach to life serves as an inspiration to us all.
Many pearls of wisdom are revealed throughout the length of this fascinating
48-minute interview. After doing options, she worked on the Sydney Futures
Exchange for UBS. And now she actually works for the Aussie Stock Exchange
itself. Interesting and informative listening.
6. Mike
Battle 1 ¾ hr
Files: BATTLE1.mp3, BATTLE2.mp3,
BATTLE3.mp3
Floor/ Upstairs BROKER, Private /Pro
/Floor TRADER UK
Born: 1965 Years
in the Market: 22
Method of Trading: Technical
Main Instruments: Futures, Stocks, Options
Mike Battle was dubbed by a fellow
in the market as "Britains Best Trader".
He made a
calculated decision to get into the City and decided not to return to school to
take his "A" levels. As a result he witnessed the end of the London
Stock Exchange floor and, at a young age, was thrust in as a market maker with
a book worth millions. Promotion came quickly for Mike as London moved from
floor to electronic market in one of the biggest market changeovers in history.
Mike tells the story of his career in the City as only a true- blood like Mike
Battle can.
The second
half of the interview deals with practical trading advice as well as clear
insights into the techniques that put Mike into the 'supertrader' league
including details of his multilayered money management strategy.
Hearing
Battle speak about trading is truly to hear the mind of the consummate, driven
professional at work. Low ego. On the job. No messing about. Battle does Battle
in the market. Take no prisoners. Well done Mike.
7. George
White (name changed) 14 mins
Files: WHITE1.mp3
Private TRADER: UK
Born: 1947 Years in the Market: 5
Method of Trading: Technical
Main Instruments: Futures
White has
kept "very much to simplicity". He trades a handful of stock index
futures and gives a sobering view of the industry and of trading. George
describes how "people are given the wrong impression or the wrong
information right from the very very start".
George has
clearly spent some time at the school of hard knocks and has a cautious, if not
a pessimistic, view of trading - which is not uncommon in our time given the
amount of mediocre, or worse, advice, training and software doing the rounds at
ridiculous pricing.
8. Peter
Steidlmayer 1h 8mins
Files: STEIDLMAYER1.mp3
Floor TRADER: USA
Born: 1930's Years in the
Market: 40+
Method of Trading: Technical -
Something & somewhere new
Main Instruments: Commodity Futures
"Opportunity is evolving to a
different model"
With over
forty years of floor trading behind him and, without doubt, one of the great
influences on the way we think about markets today, Peter Steidlmayer scopes
out the state he thinks markets are evolving towards and how to trade this.
9. Tony
Stein (name changed) 46 mins
Files: UX1.mp3
Private TRADER: UK
Born: 1952
Years in the Market: 18
Method of Trading: Technical
Main Instruments: Futures, Spreadbetting on Equities
Although he
gets off to a slow start, Tony soon warms up to describe how he trades equities
using spreadbetting and what he calls the classic "cut and handle"
pattern.
10. Gerald Celaya 1 ¼ h
File: CELAYA1.mp3
Professional ANALYST,
Institutional/Private TRADER: USA. UK
Born: 1964
Years in the Market: 18
Method of Trading: Technical
Main Instruments: Bonds, Forex, Futures and Stocks
What's it
like to have thousands of technical traders in banks hang on your words every
day? Ask Gerry! Then, after years of being on the line, you are assigned real
millions and a proprietary trading group of your own by a major American bank.
In other words: "do it yourself
now! ".
lastly,
ending up with your own research house, writing for major banks and brokers
and just plain ol' trading for your own
account. Gerry's seen it all, been there and done a good deal of it - from
senior analyst at MMS (Money Market Services) to American Express Bank, and
Chase, as well as meeting clients in countless banks on different continents.
Celaya is every bit the well rounded professional while retaining his
effervescent modesty and sense of humor.
11. Claire
Holden (name changed) 22 mins
Files: CLAIRE1.mp3
Private TRADER: UK
Born: 1965
Years in the Market: 5
Method of Trading: Technical
Main Instruments: Futures
Having lost
existing careers through back injury, Claire and her friend jointly decided to
take up trading. They trade together intraday, mainly on the DAX but also on
the S&P futures, via electronic platforms like PATS, spreadbetting
companies and via the telephone.
Claire
describes how they went from "the adrenalin rush" and "fear
factor" of early trading to the development of something better.
12. Erland
Goar 34 mins
Files: ERLAND1.mp3
Private TRADER: UK
Born: 1964 Years in the Market:
5
Mthod of Trading: Technical
Main Instruments: Futures
Erland Goar,
from Edinburgh, worked for many years in the back offices of funds and
investment houses in Edinburgh, Scotland. After attending a technical analysis
course in London, he began his own trading career, which took him from wannabee
trader to full time day trader and finally to part time end of day trader.
He describes
how this works in his favor in spreadbetting with Deal4Free which is his
favored way of trading.
Goar cut his
teeth trading at home from August 2001 onwards, which took him through coping
with the aftermath of September 11th 2001 in the financial markets. He
describes how he adapted his trading from just "going in" to waiting
for "setups" - in other words he has turned into the stalker and
hunter waiting for the markets to hit a certain price and "setup"
before "going in".
Erland uses
a host of free internet sites now for trading rather than paying for access. He
describes how trading is now a profitable "hobby" and an
"interesting pastime", which is enjoyable rather than being any
longer a thrill.
He is a living
example of someone who has modestly found his place in the trading world -
perhaps something more of us should strive for.
13. Keith
D 20
mins
Files: KEITHD1.mp3
Private TRADER: UK
Born: 1943 Years in
the Market: 3
Method of Trading: Speculative
Main Instruments: UK Index & Stock Options
Classic and
somewhat sad story of failure in the markets, where individuals may speculate
their own and then the money of others on the gamble to make money. Keith
describes his fascinating trip through the London options markets in the late
1980's as he traded his money away and eventually stopped trading.
Listen to
this story and take note.
14. Mark
Codd 21 mins
Files: MCODD1.mp3
Spec/Floor/Arcade TRADER: UK
Born: 1975 Years in the Market: 10
Method of Trading: Speculative
Main Instruments: Futures
Witness to
the end of floor trading on LIFFE and the rise of what are known as the
"arcades". These are places around the world where (sometimes) hundreds
of traders sit and trade the futures markets together, renting desks with all
the toys - at premium rates.
Mark
describes the days and atmosphere down on the late LIFFE floor as well as the
potential profits and training offered at an "arcade", where
potential traders are turned into active traders after six months of rigorous
training, including time on a simulator.
Codd shows a
world where private meets professional and fuses individuals into money-making
machines.
15. Sean
Downey 4h
Files: SHAUN1.mp3, SHAUN2.mp3,
SHAUN3.mp3, SHAUN4.mp3, SHAUN5.mp3, SHAUN6.mp3
Private TRADER: Commodity BROKER,
Analyst, Money Management - UK &
AUSTRALIA
Born: 1964 Years in the
Market: 15
Method of Trading: Technical and Fundamental
Main Instruments: Futures, Options, Equities
" You don't tell the chart: the
chart tells you"
Sean talks
over four fascinating hours.
The
following sections are broken into six files that make up his four hours and
give an indication as to what is on each file:
SHAUN1.mp3
His first
year in the markets was spent in the back office at Rudolf Wolff, perhaps the
best known commodity firm in Britain at the time. From there he moves on to
broking and trading coffee and sugar, as well as "prop trading"
(proprietary trading).
"One of
the reasons I got put in the dealing room so early was because I could handle
my drink … A lot of business was done down the pub …"
"Their
idea was to lose money for tax reasons … (however) I couldn't seem to lose; whatever I did"
"They
didn't teach you anything. You sank or swam very quickly"
Sean
describes what it took to survive in a dealing room. What helped to eradicate
the divide between the "upper classes" and the "east end"
and what it takes now to get into markets.
"Hedge
funds definitely seem to remain the old school tie…"
Sean saw a
story relating to the shortage of cotton due to floods on the Yangtze River in
China. This caused him to get long of soyabeans before the Chinese even began to
buy to fill their shortage. Hear the full and fascinating story of how Sean
made over 20x his money in beans in 2003.
"There
are lots of connections to do with different markets and its important to try
and connect those markets together and be ahead of it ...."
Hear this
amazing commodity trader at play.
"What
should have gone up, didn't go up and it must go down. I know it sounds
silly! Major tops and bottoms are
invariably made on those sorts of stories."
Sean
describes a break on the cotton market. The why's, what to watch out for and
what to do and what not to do.
Sean
describes his options strategy. He holds seminars on options strategies and is
a former options market maker ...
On options:
"I
never ever sell naked on options - ever .... I trade those one week to two day
(to expiry) options nearly every week but I use technical analysis ... I would
thoroughly recommend it. There is nothing worse than trying to cover a short
options position that's gone wrong."
Various interesting
options strategies are described, including combining options and futures
trades together to maximize income.
Mental agility and the importance thereof is described
by Sean. For his mind, fast moving markets are a necessary target. Otherwise
it's "boring".
"I
actually purposely go to the markets that are the most volatile ... I tend to
move to where the volatility is ..."
On money:
"I
learned that money is not a passport to happiness necessarily...that there are
much more important things ..."
SHAUN2.mp3
"Nearly
all the methodologies I use are my own.
I don't do technical anaysis from a book. Its all my own theories, my own
custom studies, my own patterns ..."
Sean
describes that he found someone in his own firm (head of the Short Sterling
desk) who was so consistently wrong that Sean would consistently make money
from taking the other side of that person's trades.
The Internet
and the Commodity Trader
Sean uses
some of the stranger more professional sites on the net to analyze possible
acreage yields on soybeans.
"Certainly
China is a huge example of where they will not tell you anything till they've
covered themselves."
"The
powers that be don't want you to know that information."
SHAUN3.mp3
* Long term future of the US$ and the rise
of the Euro.
"China is the driver of the world
now."
* Interesting theory on the 1987 stock
market crash.
* "Kodak is terminal .... Its
difficult to see them turning round."
* "I'm a big fan of fair value ..."
SHAUN4.mp3
After his
stint as a private detective, despatch riding and setting up a specialist
travel agency, Downey ended up working at Reuters on the Globex project - one
of the worlds first electronic order routing systems. He then worked in a
specialist role on Schwartzatron (the Reuters options product), Reuters
Technical Analyst as well as the new versions of Reuters Terminal and Excel
programming. He talks about his time at Reuters and the company culture, and
how "they were too slow in the late nineties".
Could
Reuters be the Kodak of the datafeed world ?
After leaving Reuters he joined CQG (Commodity Quote Graphics Inc) in
1991. He describes himself in a "pseudo sales support" role, helping
to promote Market Profile to the CQG customer base.
He describes
how "A lot of the analysts are stuck with the old clichés and ... the real
technical analysts tend to be ... in some of the smaller places where they are
given the opportunity to be more specialist and really sit down and go through
it ..."
The Role of the Computer
Downey
describes how he couldn't possibly do his job and trade as many markets without
the central role of the computer. He describes how the computer is
comprehensively employed. How he trades (what is prioritized) and how he does
not "finesse" his orders. Sean can have up to 100 separate and
concurrent positions running at one time.
Time Frame and Risk
* Linking time frame to your risk
profile. Fixing Volume & Risk.
* Taking emotional attachment out of the
trading decision.
* How a day trade can become a
"strategic trade". Dollar / Yen example of how an intraday signal
developed into a weekly.
" You
don't tell the chart: the chart tells you"
What do
people "in the know", know early?
From recent
electrical blackouts to the Budesbank, Sean highlights how "there's always
a leak". Often there are clues in
the charts!
The role of
VOLUME. Sean gives multiple examples.
Several intriguing uses of volume information are highlighted.
How does
Sean place orders and why he DOES NOT use electronic order routing!
"I will
freely give away my methods"
He describes
his personal analytical market methods, which lead to his trading.
His views on
why "Fibonacci doesn't work anymore". Which markets still work.
Which
indicators he uses.
Details on
this file include the importance of long-term intraday data. Examples given.
SHAUN5.mp3
"The
roadmap....
Sean talks
about giving away "secrets" and studies. Do they affect the market?
Sean
describes his actual trading technique: How analysis is translated into actual
trades.
Invaluable
tips on placing better trades and the thinking and trade logic execution
process involved.
* Markets compared:
FTSE/Sugar/DAX/EuroStox: Sector comparisons.
* Intermarket relationships: some advanced
views and examples.
* Trade timing. Reversal trader?
16. Tom Seymour (NAME
CHANGED) 1h
Files: TOMS1.mp3 & TOMS2.mp3
Private TRADER: UK
Born: 1960 Years in the Market: 6
Method of Trading: Speculative, Technical
Main Instruments: Futures, Warrants
His mum says
he has “the gambling disease”. Tom was a journalist at one of Britain’s leading
newspapers, and decided to give this up in favour of trading markets. He
describes the battle of emotion over reason and of learning the discipline.
“Very often,
I held onto a trade when I knew perfectly well I should not.”
“Some of the
more significant losses were turning points, because they demonstrated the
truth of what I was reading.”
Tom started
with low capital and no knowledge. Soon he had no capital and more knowledge,
and after borrowing against his house to meet his losses, he turned his trading
on its head.
“These days
I look for those moments of market exhaustion at which the crowd will exit. I
look for the moments where I used to be forced out. I think technical trading
is an exercise in market psychology.”
Some of what
he says is, shall we say, unconventional.
“Intraday, I
don’t use a dollar stop.”
Tom
describes his stop system. Some would find it difficult to trade, “money
management wise”, in the way Tom describes in the interview. Make up your own
mind: Is it lunacy or is there sense in this?
“I break
rules in some ways. So I do believe it is possible to pick tops and bottoms,
which is an arrogant belief. And I’ve never been very interested in trend
following.”
“Learning to
trade for me has been an exercise in learning to control risk.”
17. Richard
Diamond 23 mins
Files: DD1.mp3, DD2.mp3 & DD3.mp3
Private Trader & Market Mentor:
USA
Born: 1936 Years in Market: 44
Method of Trading: Technical
Main Instruments: Futures
Richard was
on the NYSE floor from 1960 - 1965, where his father owned a seat. Since then
he has traded his own account "upstairs". Firstly from the offices of
various brokers, such as Spear, Leads and Kellogg and latterly from Vero Beach,
Florida. Not a man for long vacations
or travel, Diamond has effectively been in the market since 1965 on his own
account.
One may
describe Richard as perhaps the least self promoting but perhaps best loved
"market mentor" around today. Taking short breaks from his trading,
he has taught classes on and off since the mid eighties.
18. Tom
Williams 1 ½ h
Files: TOMWILLIAMS1.mp3,
TOMWILLIAMS2.mp3
Born: 1929 Years in the Market: 40+
Method of Trading: Technical
Main Instruments: Stocks & Futures
The man who
brought Wyckoff into the computerized era and to the UK, was introduced to the
markets as a nurse in California in the 1960's. In the late 1950's he owned a
café in Brighton called 'Whisky Go Go' with the UK's largest Coca Cola
consumption.
A legend in
his time, Tom describes how stocks can be cornered by groups of people working
together in a syndicate and how to read this and other volume and price
information from charts.
19. Ron Kobler
File: KOBLER1.mp3, KOBLER2.mp3 &
KOBLER3.mp3
Scientist and Private Trader: USA
Born: 1949
Years in the Market: 6
(no longer trading)
Method of Trading: Technical
TOST = The Other Side of the Trade
Ron Kobler
is essentially a scientist who decided to go figure out how markets actually
work. After inventing unique ways to recycle plastics he decided to “recycle”
market data in the late 1980's to see if he could theorise how the market
process operates. The result was TOST, which was launched in October 1989 at
the FIA show in Chicago. TOST was a satellite based broadcast system, which
sent out supply and demand data calculated using formulas derived by Kobler to
measure supply and demand.
In the time
TOST operated, considerable progress was made in discerning the difference
between figuring out how markets should behave, given buying and selling
pressure, and the way they actually behaved. The difference is those taking
positions on the other side of the trade. The TOST system was able to discern
this and add a huge layer of understanding to stock market dynamics. In his interview
Ron gives an insightful view into the way markets operate in real-time and one
can begin to see how Ron's thinking fits in with that of Pete Stedlemayer, Tom
Williams and other great market thinkers.
Fascinating
insights in to what makes markets really tick.be
TOST DEMO:
An original
TOST demo of screengrabs from the week before the 1989 crash has been fully
reproduced here in the \tostdemo\ directory. Unfortunately, we could not make
it run in WinXP, so you may need an older version of Windows or a DOS boot to
run the demo. However, the demo is made up of PCX files, which may be read into
packages such as Paint Shop Pro. However, this is not the demo. Also, please
ignore the phone number and address on the demo. They date back to the time it
was published. It is preferable to run the demo using the demorun batch command
as this runs the screen grabs in a similar fashion to the way the actual live
TOST system used to run, using the F1 thru F9 keys.
ADDENDUM on CHINA:
File: KOBLER3.mp3
Ron is back
in the plastics recycling business now and his observations about China relate
back to the price of raw materials and commodities worldwide and perhaps the
future of our earth. These on the ground observations are well worth a listen,
as they fit well with the predictions of a rise in the prices of raw materials
predicted by others in these interviews.
TraderSpeak
Volume 1, v1.1
Volume 1 cd Two
20. Rob
Allen 42mins
Files: ALLEN1.mp3
Private TRADER: UK
Born: 1964 Years in the Market: 5
Method of Trading: Technical
Main Instruments: Futures
For many
years Rob worked for British Telecom (BT). As an apprentice he had to work on
the live LIFFE floor for BT. Talking to traders on the floor he decided
"there and then" that he wanted to get into trading. Some years later
he developed a simple system for trading via a spread better and eventually
ended up on a futures trading course. Although he no longer trades with the
methods taught on the course, it gave him the stimulus to get serious.
After
struggling in the futures markets, Robert has now turned his attention to
trading the forex markets. He uses simple strategies like pattern breakouts and
has erstwhile advice for people who are thinking of leaving their jobs to
trade. as well as the pro's and cons of different spreadbetting firms and what
to do and what not to do when starting out with limited capital.
"You
understand that systems come and go but you've got to get your mind right to
make money."
"You
have a bad day and you think "that's the mortgage I could have paid off
..."
"Don't
tell your wife whether its been a good or a bad day .... From my experience ...
your wife will know anyway ..."
"One
day I know that I am going to make a lot of money at it ..."
21. Julian
Behrmann 1hr
Files: BEHR1.mp3 & BEHR2.mp3
Private TRADER: UK: Market
Psychiatrist
Born: 1959 Years in the Market: 14
Method of Trading: Technical
Main Instruments: Futures, Forex
Having built
up Britains largest satellite hardware company and sold out aged 28 for a few
million pounds, Julian was introduced to trading by his dad, a seasoned private
trader. Julian made his own path
however. In his early thirties Julian returned to university to take a degree
in psychology.
With
exceptional insight into trading, Julian now trades as and when he feels
comfortable and consults (at very reasonable rates) to traders and the public
in general. Julian "draws" on his trading account profits when he
needs money.
22. Christopher
Davis 1 h
Files: DAVIS1.mp3, DAVIS2.mp3
Advisory STOCKBROKER, FX BROKER, Fin
Futures BROKER, Private/Institutional
TRADER: Money & Fund Manager: UK,
USA
Born: 1963 Years in the Market: 18
Method of Trading: Fundamental with some technical backup
Main Instruments: Stocks, Futures, Forex, Options, Bonds
With enough
trading experience to fit into several lifetimes, Chris Davis is a consummate
professional. For over 15 years a professional private client broker to the
well healed and the pro alike, Christopher has a portfolio of clients though
his solid performance most brokers only dream of. Chris is essentially a
fundamental trader, but nevertheless uses technical analysis to time his
trades. He describes in detail the detective work involved in digging out
potential investment opportunities: absolutely fascinating listening.
Chris left
broking a few months ago to start his own fund: Founder Asset Management in
Baltimore, Maryland. In just four months of operations he has sixteen
professional analysts working full time on potential opportunities and over
$150 million under management.
23. John
Hill 1 h
Files: HILL1.mp3, HILL2.mp3
Public /Private & Systems TRADER:
USA
Born: 1926 Years in the Market: 40+
Method of Trading: Technical
Main Instruments: Futures
JOHN HILL Turned $1,000 into $80,000
in the early 1960's in three months
"If it can be done once it can
be done again ..."
Mr Hill is
widely recognized as the doyen of trading system analysts and traders, with his
publication Futures Truth, which he says he founded out of anger with the
nonsense around at the time. In between the lines, and his wry sense of humor,
John Hill reveals numerous trading truths and points to the fundamental
principles used in his trading systems.
"A wise
fox if there ever was one" - is how one listener portrayed him.
24. Colin
Jaeger 1 hr
Files: JAGER1.mp3
Private TRADER: UK Market MENTOR
Born: 1960 Years in the Market: 18
Method of Trading: Technical
Main Instruments: Futures
Founder and
proprietor of his own proprietary wave theory and prediction engine, Colin
discusses his trading career and his wave theory without giving the theory
away.
25. Chris
Kobewka 2hr 6mins
Files: KOB1.mp3, KOB2.mp3, KOB3.mp3
Private TRADER: Spreadbetter
Extrodinaire: MARKET MENTOR
Born: 1960 Years in the Market:
Method of Trading: Technical
Main Instruments: Futures
Chris
Kobewka was asked by one spreadbetter to stop trading on account of the extent
of his incredible profit performance.
Listening to Chris speak is like hearing the mind and logic of a trading genius
at play. This one is a natural. He throws normal risk reward logic on its head
and explains why. Looks like Mr Kobewka has just begun his trading journey to
extreme success.
"When I
was thirteen I wanted to be a stockbroker. I had no idea what they did, except
they made lots of money"
"It all
goes back to when I made that 1000 pounds in an hour"
"Trading
is just taking a contrarian position. Not like on the news"
26. Paul
Langham 1hr
Files: LANGHAM1.mp3 &
LANGHAM2.mp3
Private TRADER: Art Dealer:
BOOKMAKER: BROKER
Born: 1958 Years in the Market: 18
Method of Trading: Technical
Main Instruments: Art, Futures, Options, FX
Paul Langham
had an idea he wanted to be in the markets since the age of eleven. He has
essentially been "punting" all his life. Langham feels trading is in
his blood and views everything in terms of probability and risk.
Langham
reveals his lifelong career in trading of different kinds: from ¨making a
market on school rugby, hockey and cricket matches, to working on racetracks
for bookies to art dealing to traded option strategies, which he describes
& ultimately, to speadbetting, futures and FX trading. Paul describes the similarities between
markets and in a sense the way they are all the same: about buying and selling, seeing, spotting and moving in on
value, ultimately gaining an edge and moving on from there. From Christies to
the CBOE, Langham has been there and trading along.
He describes
the "gambling instinct", having worked on the edge of a racetrack. To
Langham its all the same: Horses, Dogs, Fine Art, FTSE, Dow, Microsoft Stock.
He describes the phenomenal success of internet sites like betfair.com. Now he
trades FX and futures.
"Part
of winning means that you are also prepared to lose"
27. Martin
Colt 1hr (name changed)
Files: MART1.mp3
Private TRADER: UK
Born: early
1930's Years in the Market: 20+
Method of Trading: Technical
Main Instruments: Futures, Options
As with many
traders, a pattern of learning, progression and humbling takes place as this
truly indomitable character progresses through the various stages of becoming a
successful private trader.
Although now
"retired" from trading he keeps a keen eye on the markets and is far
sharper than many of us could dream of being at any age.
28. Alexis
Montenegro 1hr 6 mins
Files: MONT1.mp3, MONT2.mp3,
MONT3.mp3
Private TRADER: USA
Born: 1953 Years in the Market: 6
Method of Trading: Technical
Main Instruments: Futures & Stocks
"Trading is a beautiful
endeavor..." Alex explains how he
makes it possible.
Born in
Aden, (now South Yemen), Alex is half British and half Italian. He grew up in
many places, as his father worked for the British Government and his mother was
an Italian diplomat. In 1987 he moved to the United States and now lives In
North Carolina.
Montenegro
dropped out of university after two years and decided to become a pilot. Age 23
with just 300 hours of flight experience and all his new flight licenses, he
was lucky enough to be offered a job flying a corporate Lear Jet all around the
world for an Italian construction company. After this he became a distributor
of hi-fi equipment.
After
getting into day trading stocks and having "slammed myself into a
wall", Alex bought Advanced GET (Gann Elliott Techniques) and has
"never abandoned it". Tom Joseph shone "a light" on
Montenegro's perspective. He now uses GET Realtime with the eSignal datafeed to trade
(mainly) the e-Mini S&P. He has his own way - more like philosophy of using
Elliott Wave, and gives us his practical view.
29. Peter
Neckels (name changed) 46 mins
Files: NECKELS1.mp3
Private TRADER: GERMANY
Born: 1966 Years in the Market: 17
Method of Trading: Technical
Main Instruments: Futures, warrants & options
Neckels
describes how as a young man he made over a million dollars, lost it and almost
did the same thing again using options, warrants and a great deal of bravado.
What he did and what he doesn't recommend you do!
30. Tom Joseph 48 mins
Files: TOMJOSPEH1.mp3
Private TRADER: Trading Software
Developer (Adv. GET) USA
Born: 1950's Years in the Market: 27
Method of Trading: Technical
Main Instruments: Futures
A legendary
trader and innovator, Tom Joseph came up with GET (Gann Elliott Techniques),
which not only generates Elliott Wave Counts but also contains numerous other methods
and systems for predicting market movement.
Uniquely in
the interview, Tom highlights many of the things that he still uses and how he
trades today, after developing such a library of techniques. Tom describes what
he feels is most important in trading, and what you need to do to get past what
Tom calls the "freshman" stage of being a trader.
31. Scott
Tricou 2 h
Files: TRICOU1.mp3, TRICOU2.mp3,
TRICOU3.mp3
Private TRADER: Discretionary BROKER
Born: 1953 Years in the Market: 32
Method of Trading: Technical
Main Instruments: Futures, Options
Scot Tricou
is a living breathing example of someone who wanted to be nothing else all his
life except be a broker and a trader. He got interested in commodities age 15
and he describes his life and how by the age of 23 he had accumulated enough
money to buy himself a new house. He also talks about how he develops systems
and how he rates them, as well as his lifestyle as a trader and a broker.
Tricou
sleeps with a tape recoder by his bed in case he should think of any new
trading systems in the night. He has a number of computers continuously testing
to come up with the next best system for a changing market.
32. Rick
Versteeg 1hr 23mins
Files: VERSTEEG1.mp3 &
VERSTEEG2.mp3
TRADER & FUND MANAGER: Trading
Software Developer (Prognosis NL)
HOLLAND
Born: 1958 Years in the Market: 21
Method of Trading: Technical
Main Instruments: Futures
The quiet,
rugged, logical and professional passion with which Versteeg pursues his trade
are clues to the personality and thinking required to become successful in
modern markets. The man behind ELWAVE, an advanced Elliott Wave package
developed by Versteeg when he found what was available was not sufficient for
his analysis requirements, Versteeg describes everything from what it takes to
make it as a trader to the differences between his and other ways of looking at
Elliott Wave.
33. Mohammed
Wahid (name changed) ½ hr
Files: WAHID1.mp3
Private TRADER: UK
Born: 1979 Years in the Market: 2
Method of Trading: Technical
Main Instruments: Futures
Although Mr
Wahid has not experienced a great deal on the trading front, he has interesting
insights into why many people start and don't necessarily carry on. He is also
a student of Islamic studies and details what types of trading are acceptable
under Islamic law.
34. Willem
van der Vorm 1hr
Files: WILLEM1.mp3 & WILLEM2.mp3
Priavate & Legendary FLOOR TRADER
of the FTSE Pit
on LIFFE (London International
Financial Futures Exchange)
Born: 1964 Years in the Market: 18
Method of Trading: Technical
Main Instruments: Futures
There was a
period in the nineteen nineties that Willem was not merely a trader in the FTSE
pit - he was the FTSE pit.
Known by
other traders on LIFFE simply as "Willem", he was a legend in his own
time down on the LIFFE floor. From the way he used to run the FTSE up and down
to the methods he uses to trade now, van der Vorm provides a fascinating
account of a man who has successfully adapted from legendary floor trader to
screen trader. He describes the methods he uses and how he and his trading have
changed over time.
Hear him
tell his own amazing story.
35. David Burton 1hr
File: BURTON1.mp3
Gann Teacher & Private Trader:
Australia
Born: 1957 Years in the
Market: 22
Method of Trading: Technical
David is not
an intraday trader. Why should he be when market moves can be predicted years
in advance?
Born in New
Zealand, David qualified as a fitter for the New Zealand Electricity Board
before moving to Australia in 1978 to work on the mines. In 1983 he briefly
became a futures broker and at the same time discovered the works of W.D.Gann,
a market analyst from the first half of the twentieth century. Since his stint
as a broker he has been privately trading his own account. Having spent years
studying Gann and decoding its hidden meanings, Burton is able to predict
future market movements.
Using Gann
techniques, he was able to, for example predict the moves in Cotton in the mid
1990's, turning $500 into $300,000 using traded options. David is not someone
who minces his words and answers to questions are often direct, succinct and to
the point.
A number of
his basic approaches are revealed, as well as clues to further research. For
example, he has discovered a hidden code in Gann’s book, Tunnel Through the
Air.