Millionaire Traders

Millionaire Traders Q: What about your parents, any feedback from your parents on starting this up? A : They’ve always been real ...

The Great Adapter just because maybe the software wasn’t lightening fast like some of these other shops, where the guys were jus ...

Millionaire Traders weeks. I was holding stuff overnight, doing everything I shouldn’t have been doing. When the branch manager ...

The Great Adapter Q: What were you thinking throughout that time? Every day you would come back home, you’d be beaten up, what w ...

Millionaire Traders Q: How long were you holding them for? A: Usually from all day to maybe a couple or a few days. At times I h ...

The Great Adapter Q: Were you finally ready to leave your couch? A: Yeah. Actually, you can only stay on a good couch for so lon ...

Millionaire Traders Q: A married put that would allow you to short the stocks because you would be synthetically always long. So ...

The Great Adapter Q: Right. At a 1,000 shares, how much commission were you paying at that point? A: Oh, it was horrible, a penn ...

Millionaire Traders Q: On those occasions when you got stubborn, what’s the worst loss you took? A: Doing regular scalping proba ...

The Great Adapter Q: So, when you were day trading, would you go for a half a point to a point on your winning trades for these ...

Millionaire Traders markets and these stocks were moving. It was only by trading four or five stocks that I developed a feel and ...

The Great Adapter Q: Sometimes you would just get stuck in queue and the whole thing would spin forever, and you wouldn’t know i ...

Millionaire Traders Q: We can imagine. A: Some of these guys were good friends. Q: That was the one thing that really kept you i ...

The Great Adapter A: I would say I try and scale most of the time. But then there are times it’s clear that I’m going to lose or ...

Millionaire Traders Q: Right. You never want to turn a winner into a loser. How often does that happen? When you add up to the p ...

The Great Adapter Q: That must be an experience. A: Yes [laughter]. If two years ago you said I was even going to China, much le ...

Millionaire Traders Q: You trade Nasdaq basically from there? A: Yeah, I do the exact same thing I would do if I was sitting in ...

The Great Adapter live briefing news, and another just for e-mailing. I trade using two or three. Q: So how many stocks do you w ...

Millionaire Traders Q: When you are doing all these filters, let’s say there’s a stock that you’re just not familiar with, do yo ...

The Great Adapter Q: These days, what would you say is your average holding time in a position? A: Good question. It differs. If ...