Millionaire Traders

(Greg DeLong) #1
Millionaire Traders

Q: Do you feel like your IT background has given you an advan-
tage in creating the robot?


A: Yes, it most definitely has, as well as some programming skills
I developed in my early computing days.


Q: Do you think people like you are much more likely to move to
some sort of automatic trading than people that don’t necessarily
have it?


A: Yes, but even people who do not have that background are
interested in robotic trading. In terms of the people whom I train,
some of them are not that computer literate, and when they heard
about what I was doing with the robotic trading, I’ve absolutely
fascinated each and every single student with this concept. What
I’ve found was in the beginning, when they were trading manually,
they would win and lose, but because I was doing so well with
the robot, I thought it’s quite unfair to not give the robot to these
people and hopefully help them turn their trading around and
make them successful as well. Everybody is telling me down here
that I’m absolutely crazy and that I should be charging for the
robot. But at the end of the day, it’s all about helping people. As
my student you will get the robot with your classes and I can tell
you that it has made a phenomenal difference to these people. To
be honest, they are not really trading, they are just switching the
robot on and off, but I have made it a requirement for them to
understand the mechanics behind trading.


Q: Let’s continue to talk more about your trading style. Do
you usually go into the market with your entire position or do you
average up or average down into a trade and stagger your entries?


A: No. Just one entry, one trade and that’s it.

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