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Trading the First Hour
Specs: 19 mins, 36 secs | 9.1 MB
  Joe, also known as Upside Trader at his blog, is a full-time trader who has achieved consistent success. Here we talk about his short-term trading philosophy, what he looks for in the charts he uses, and the homework he does each evening. He also talks about why he doesn't trade during the first thirty minutes of the market opening. Finally, we discuss how his trading strategy has changed over the years and why he writes his blog about his trading experiences.

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Trading the First Hour


TraderInterviews.com: Hello everybody. Welcome back to TraderInterviews.com. Thanks very much for joining us for another show this week. As usual, we will remind everybody to sign up for the email newsletter for a couple of reasons. Number one is that we send out exclusive interviews that are only available to our newsletter subscribers, about a couple times every few months. So if you want to get those, you'll need to sign up for that newsletter. It is free to do so. And then always, I want to remind people to check out the Idea Lab. It's one of the tabs at the top right of TraderInterviews.com. on every page. There you can vote on trading strategies, let somebody know if you agree with their strategy or disagree by buying and selling that strategy as well. So, our guest today is Joe. He is the blogger upside trader and we're going to link to that, upsidetrader.blogspot.com. He is also a trader, of course, and we are going to talk to him about his philosophy and where he came from and his background as well. So, Joe, thanks very much for joining us on the show today.

Upside Trader Joe: Hey, Tim, how are you? A pleasure.

TraderInterviews.com: Good, thanks. So the first question I usually ask is where did you come from? How did you get into trading in the first place?

Upside Trader Joe: Well, I've been in the market, I guess, about 25 years. I'm about 45. Back in the early 80s, I was a retail broker for I guess about 14 years at Bear Stearns and Lehman Brothers and I handled about 113 people there. I did that for a while and then I moved into running a capital mortgage group for a small boutique investment banking firm for about four years and it that period of time, I realized that starting a hedge fund, to make the long story short, would be something that I wanted to pursue. So, around 1999, I started a hedge fund with two partners, two good friends of mine for...

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