Interview To The Trader: Dave Maybe. Part 1

Posted by Finance Professional on May 31, 2011 under Forex Market News | Be the First to Comment

Dave is the main architect of an analytical program complex for active traders “StockTickr”. Dave traded in stock markets within ten years and helped other traders to develop their success in trade. He trades on own money and often publishes the articles on trade in the markets.

Question: How you have become interested for the first time in trade in the markets?

Dave: My father always invested in the markets and taught me to understand value of money and investment. His efforts haven’t been useless, and since then I always felt bent for to the markets.

I have started to invest in college – while only in mutual funds. Since then, my period of trade all became shorter, and now I am the intra-day trader – I “square” in the beginning and the end of each day. I don’t think that exactly my father gave me those lessons thought of such result, but in this all has poured out.

Question: do you use options and if yes, what is your favorite strategy?

I think that to some extent many traders fall into a trap a stereotype that trading strategy which work, should be difficult when all is usually very much the other way.

As intra-day the trader I always search for variability. If you look at the day schedule of any market will see there a considerable quantity of lateral motions without any certain direction. At trade in options I, more possibly, will choose strategy which will capitalize on this absence of movement.

Question: What most of all is pleasant to you in trading business?

It seems to me that in this respect still Warren Buffett has told, “it is better to have bad work in good industry, than good work in bad industry”. I think that its statement well describes trading business. There are many favorable trading strategies. Therefore it is only a question of a finding of suitable strategy for you.

When people use the tool created by me to find the own trading approach and to become the profitable trader, it gives to me the greatest pleasure.

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