Millionaire TradersQ: Earlier you said you were doing a lot of smaller Minnesota
undiscovered companies?
A: Right.
Q: Which would require a lot of fundamental analysis because
you would talk to management, then find out what they were
doing.
A: Right. Then after being bagged in a couple of deals with
management telling me one thing, the stock acting another way,
I got more involved with the technical side of it, which really
propelled my whole trading and career.
Q: Was there any particular book that you read at that time that
had a very strong impact on you?
A: No, as a matter of fact I didn’t read many books. I was kind of
self-taught.
Q: How did you discover the basic concepts of technical analysis?
A: There was a friend of my dad who’s a stockbroker. I interned
with him before I became a broker in 1992. He taught me. He gave
me the backdrop of moving averages and different formations, head
and shoulders, double tops, etc.
Q: Was this your primary method of analysis when you were
doing stocks, you started to become a pattern reader?
A: Right. Then I got big into candlesticks, too.