The News JunkieQ: That’s pretty active. You mentioned that sometimes, when
you make profit, you put it back into your stock account. Do you
pay yourself in any other way?
A: I pay myself in equipment. I’ll go out and buy something
nice—maybe a better computer. Last year I traveled to Asia be-
cause I made a lot of money on the yen, so I took myself to Japan.
I would take a small portion out of the account—and normally it’s
less than 10 percent of the profit, so it’s very little.
Q: How is your performance now?
A: It’s been very good. This is one of the best years I’ve had. I
just feel like I have a grip on the market. I can feel how it should it
be traded, and once you get in that rhythm, you can just feel when
the market is going to move. To me it’s about market psychology,
knowing what other people are doing and trying to take advantage
of that. I’ve been on the wrong side of many trades. I want to make
sure that I’m not on that side and I’m on the side that’s taking the
money out.
Q: So you don’t think you’ve changed anything in terms of
style?
A: The main thing I’ve changed is incorporating market psychol-
ogy. I never used that before. In the past I would simply see that
the euro dipped, so it must be on sale and therefore I’m going to
buy it, which was a very poor strategy in the beginning because,
as you know, once a trend starts it normally continues for quite
some time. So, in the beginning, I would make those mistakes. I
wouldn’t get on the trend. I would fight a trend all the way. Now
I try to follow the trend and take it where it’s going to go. But if
everybody gets on board, that trend does mature and I know when
to get off.