TraderInterviews.com: Hello, everybody. Welcome back to TraderInterviews.com. Thanks very much for joining us for another episode this week. So we're going to be talking with Todd Gordon. I've known Todd for quite awhile now. He's a tremendous trader and also shares some of his information through a strategy letter he puts out, that I've been a big fan of for long time. Todd, thanks very much for joining us on the show today.
Todd Gordon: My pleasure, thanks for having me, Tim.
TraderInterviews.com: Well, you know, we haven't interviewed you in quite a while, so I think we kind of go back to the basics here and ask you how do you describe your overall philosophy as a trader and your approach to the markets, can you talk about that?
Todd Gordon: Oh, sure, absolutely, yeah. I have been missing it, Tim. It's nice to be back with you. I love your program. Sure, my philosophy to trading is I'm a foreign exchange trader. Yeah, I'm active in the market. You know, I trade for a managed account here in Forex.com. I also write a research letter, and my philosophy as I have been...given those two responsibilities has actually been to meld the two together. I'm a big believer and being a pre-plan trader, so what I've done is actually taking my responsibility to write a daily research letter for clients of Forex.com and, essentially, all I do is put the research together, put the charts together, put some tact, some reasoning, issue the trade, give a stop and entry to take profit as much analysis as I can, essentially becomes my daily trade journal. So then what I'll do is go and place the trade, just put them out on our bank platforms and let the trades work in our managed accounts. So then we'll come back the next day or whenever the trade is closed and I'll update my strategy and say, "This is what happened to trades that work, that didn't work, what we did right, what...
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