This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com
This is an old interview with a GREAT trader. At the time of this interview he had recently started trading for a living. Now, he’s trading, banging the Moms of traders, and getting swedish massages on his down time.
Wow, things have really changed! I’m glad I didn’t say anything too embarrassing. I would definitely give different answers today, but at least some fundamental aspects of my current style (multiple time frames, PnF charts, small initial risk, focus on smooth equity curve) were already in place back then.
i really think the focus on a smooth equity curve is almost an original idea…i haven’t seen this topic even discussed anywhere else…if u have the time, many of us would be interested in a follow up post
I’ll take equity any way that I can find it. If I got to choose then smooth is preferable to hairy.
michael: lol…exactly!