Millionaire Traders

(Greg DeLong) #1
The All-American Trader

Q: So you were trading on a dial-up connection?


A: Yes.


Q:UsingE∗TRADE?


A: With one screen—it was a laptop as a matter of fact.


Q: [Laughter] What was your holding time at that point? How
were you trading then?


A: I was kind of a swing trader, and held things for five or six
days.


Q: Were you trading a thousand shares for three or four or five
points?


A: Exactly. And then I’d sell half and then just move my stop up.


Q: And then just milk the rest?


A: At that time, I mean those things just went to Pluto. You know
every stock, no matter which one really.


Q: You happen to remember any of the early big winners at that
time?


A: The big hits?


Q: Yes.


A: Oh, one was Qualcomm.

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