Trader Interviews

Monster Stock Trader: The Interview

Thu, 17 Jun 2010 00:00:00 -0800

Monster Stock Trader is the moniker of this trader who uses the CAN-SLIM method to find fundamentally sound companies to trade. He then uses technical analysis to find good entry points and profitable trades in those solid companies. In this interview, we talk about his favorite setups, how he uses "tight" and "loose" screens to find trades in the evenings and how he handles good and bad trades.

How To Overcome the Fear of "Pulling the Trigger" on a Trade

Thu, 04 Mar 2010 00:00:00 -0800

The setup looks great. Most of your indicators are signalling it is time to enter. Perhaps one or two don't look perfect, but enough things are the chart do that you know it's time to trade. But you just can't seem to pull the trigger. That's what today's special episode is all about. In this interview, I talk to three separate "trading shrinks" who talk about how to overcome the fear of getting into a trade. Dr. Brett Steenbarger, Dr. Doug Hirschhorn and Dr. Gary Dayton each give their takes on the problem and their views on things you can do to overcome the fear of losing in a trade. In each segment, my interviewees discuss the causes of the problem and what you can do to move past it and make those trades - and make that profit!

Charles Kirk on Using Stock Screeners to Find Profitable Trades

Thu, 04 Feb 2010 00:00:00 -0800

Charles Kirk is a well known blogger and trader who uses stock screening software to find great trades. In this detailed interview, I ask Charles what information he uses on both the technical and fundamental side, which patterns he watches for and how he sets price alerts at specific levels. We also discuss why he enters and exits his trades at important technical levels and he uses a specific stock trade to explain his strategies. Finally, we discuss indicators he favors to give him a read on the market and why "reversion to the mean" plays such a critical role in his decision-making. You can find more about Charles at TheKirkReport.com.

A Full-Time At-Home Trader Discusses How He Uses Support And Resistance Levels

Thu, 28 Jan 2010 00:00:00 -0800

A full-time at-home trader discusses how he uses support and resistance levels to find great trades.

How a Former Market Maker Turned At-Home Trader Finds Great Trades

Thu, 21 Jan 2010 00:00:00 -0800

The more I talk to truly successful traders, the more I realize that finding a simple strategy and executing your plan with strict rules is the fastest way to trading profits. In this interview, I speak with a full-time, at-home trader who happens to be a former market maker for NYSE stocks. Does his experience as a market maker help him as a trader? No doubt - but you'll be surprised at what he thinks is the most important part of his success. Although he has unique insight into the workings of the stock market, it's his ability to short-term trends in supply and demand that has helped him become the trader he is today. Here he talks about how watches for opportunities in the market, why he mostly trades at very specific times of the day, and how he decides when it's time to exit. It's a terrific look into the thought processes of a wealthy trader.

How To Trade Using Fibonacci Retracement and Extension Levels

Thu, 14 Jan 2010 00:00:00 -0800

In this detail-packed interview, I speak with successful private trader David Buffalo. We discuss how he uses Fibonacci ratios to establish price levels the one extension level he uses to find profitable trades over and over again. We discuss why a "complete price leg" is a critical signal for him and how he uses neural net software to find patterns he can recognize to find explosive moves. David talks about the one indicator he uses and how he has adjusted it slightly to include another indicator to draw a complete picture of the index, ETF or stock he is trading. Finally, we discuss his very specific way of setting his stop losses and how he adjusts them if needed. We finish by discussing how he sets goals for himself and measures his personal success in the markets.