Show notes: Joshua Hayes has been trading since he was a teenager. Here we talk about how he uses the CANSLIM method to find profitable trades and how he uses the 50-day moving average to find stocks that are ready to move. He has a longer time-frame, sometimes holding stocks for months and even years. Yet he is a full-time trader and concentrates on quality trades rather than quantity. His website can be found at BigWaveTrading.com and he also writes for RealMoney.com.
Barry Burns is a full-time trader who takes a very holistic approach to trading. Here we talk about the various things he looks at to find trades each day (he refers to them as "energies"). We also talk about his background and how having a father who was also a professional trader helped him get his start in the business and the importance of mentors for him. We also discuss why having "trying to figure the market out" is opposite of what traders should be doing. Have a listen to see what he means. Barry also has a blog at TopDogTrading.com.
Dick Diamond has been a trader for many years beginning back in the 1960s. Here we talk about how he trades, including his use of MACD, Channel Index, and an indicator called Ergodic. He trades using Ensign Software. We also discuss how he became a disciplined trader and why he only takes trades he feel have an 80% chance or better of being profitable.
This interview originally ran on July 5, 2007. Trader Mike is a popular trader and blogger who delivers daily commentary about the markets on his blog at TraderMike.net. Here we talk about his style of trading, why he likes shorting stocks more than going long and his thoughts about how blogging helps him be a better trader.
