Millionaire TradersI just clicked on close and that was it. My profit actually went a bit
higher than that. It went up to about$4,000 but by the time I hit the
close button and it went through, I was back down to about$3,200.
Q: In terms of the buy stop and sell stop, is it something that
you still use right now?
A: Not anymore. I used to only use it for news trading. But like
I said before, because of the issues I’ve had with brokers and their
execution around news, I’ve actually stopped trading this way and
have advised my students to do the same.
Q: It seems that you increase your positioning a lot more nowa-
days to make meaningful profits. Before you said that you had
$1,000 so you were probably trading a mini-account, right? Now it
sounds like you are trading a regular account?
A: Yes, that is right.
Q: Can you tell us a little about your success, in dollar terms and
percent terms over the past few years?
A: I would say, I’ve been quite successful, but the first few years
were very, very difficult. I was winning and then losing and then
winning and then making a little bit here and there. Right now,
though, I trade the British pound in the early morning and then
silver later on. Between those two, I earn enough to sustain myself
from trading alone.
Q: That’s great. Do you trade every single day except weekends?
A: Every single day, but I have a tendency to not trade on Friday
afternoons.