TraderInterviews.com: Hello, everybody. Welcome back to MoneyShow.com's Trader Interviews. Thanks for joining us as always this week for another show. The idea of these, of course, every time is to give you something to think about in your own trading. Hopefully you find some things to think about that other people are doing and just to get a feel for how other traders are approaching these markets these days; that's probably more important than ever now with how volatile it's been.
But our guest today is Jay Cooper and he's a trader that has been doing this for a while. We're going to ask him about his background. But he uses something called Market Profile or Market Development as the way he approaches the markets and we're going to ask him how that works as well. So Jay, thanks very much for joining us on the show today.
Jay Cooper: Well, thank you, Tim, for having me. I look forward to our visit here.
TraderInterviews.com: Good. Well, tell us how you got into the trading game in the first place.
Jay Cooper: Well, pretty simple beginnings, Tim. I started some 15, 20 years ago just with my personal investment portfolio of mutual funds. And that interest sparked from there to where I wanted to do some market timing, so I segued into trading some index funds. And that grew and then from there kind of learning the option game and trading the OEX options. And then eventually into the stock indices and that's kind of where I've hung my hat here with the E-mini, primarily the E-S and the Dow.
TraderInterviews.com: Okay. And were you one of the traders that had done really well during that dot-com era and survived that as well?
Jay Cooper: Well, I'll tell you this, that I cut my teeth during that time and the fortunate thing was that with those simple beginnings also came certainly a conservatism, if you would, approach. Back then, as I do today, the number one rule certainly...
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