Jeffrey Katz has been trading for many years by applying a systematic, scientific approach to the markets. He is the co-author of The Encyclopedia of Trading Strategies, and Advanced Option Pricing Models. Here we talk about how Jeffrey finds new systems, how he splits his trading between systematic and discretionary trading, and how he manages days when he is monitoring many trades at once.
Wayne McDonell is a professional Forex trader with an entrepreneurial spirit. He coaches new forex traders at FXBootcamp.com and conducts webinars at various forex-related websites. Here we talk about how he trades the EUR/USD around "Non-Farm Payrolls" announcements, what timeframes he looks at for trading opportunities, and how he sets his stops and profit targets. We also discuss how to determine how much to risk with each trade and why standardizing that across every trade is a good idea.
Christopher P. Hendrix, CMT is a private trader and Founder of Hendrix Market Advisory, LLC. He is the senior technical analyst and co-founder of the technical analysis division within H&R Block Financial Advisors. Here we talk about how he develops his trading systems, how he judges the success of those systems, what he looks for each day in the market, and his favorite indicators. His website can be found at www.mytechnicalanalyst.com.
Julie Peterson-Manz has been trading equities since 1998. She and her husband, Adrian Manz (also interviewed previously), have been "team trading" for years now whereby Adrian places the trades and Julie manages the positions once they are on. It's a unique setup that has worked very well for them. Here we talk about how Julie's Ph.D. in social psychology helps her manage trades, how they place stops using risk/reward ratios and the ways in which they scale out of winning positions. Their picks are also posted daily at TraderInsight.com