TraderInterviews.com: The following interview is sponsored by the Traders Expo, the convention of the year for traders at all levels and of all markets. Attend workshops and exchange market strategies with fellow active traders. Find out more information about an upcoming event near you at TradersExpo.com.
TraderInterviews.com: Hello everybody and welcome to TraderInterviews.com. Thanks for joining as always this week for another interview. For the last couple of weeks we've talked to some different traders about the different styles they have and I've tried to get some people on the program who have very different approaches to the markets. If you listen to these interviews you can pick up just one or two things that you can use in your own trading and learn about the evolution of different traders and how they came about to be successful in the markets. There's always something you can pick up there and add to your own arsenal as well. So our guest today is Mike Toma and he has been an attendee at some of the Traders Expos that I started back in 1999 almost 10 years ago and he's a trader. We're going to talk to him about his background and how he approaches the markets as well. So Mike thanks for joining us on the show.
Mike Toma: Good afternoon Tim. Glad to be with you today.
TraderInterviews.com: Well, so talk about your background. We always start there. How did you get into
online trading?
Mike Toma: Oh well back since 1998 I got started in my first stint at trading, back in 1998 when a lot of the first wave of day traders came aboard to withstand the era. I did it for about a year, a year and a half. I did fairly well. I mean I broke even, hit a lot in commissions. The commission costs were very high in those days. You know I didn't have a big bankroll and kind of just got my feet wet but I...
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