TraderInterviews.com: Hello everybody and welcome to traderinterviews.com. Thanks for joining us this week for another episode. We're going to be speaking with Tim Morge about pitchforks and median lines and other things that he uses to find opportunities in trading. You may recognize his name. He does the Tips for Traders weekly newsletter at moneyshow.com and he's also a very frequent speaker for both the Trader's Expo and the Forex Trading Expo and also for the CME - Chicago Mercantile Exchange. So, Tim thanks very much for joining us on the show today.
Tim Morge: Always my pleasure, Tim. How are you doing?
TraderInterviews.com: Good. I wish to do a little background here. At one point, you were probably the largest individual currency trader in the world, I think, right?
Tim Morge: Yeah, absolutely.
TraderInterviews.com: Well, talk about your background in trading in general?
Tim Morge: I started out actually trading on my brother's account. He had a $2,000 stop loss when I was a teenager and he was my mentor and he introduced me to Dr. Alan Andrews, which is where he learned to trade in Southern Florida and I was able to actually to pay my way to college trading. I wouldn't suggest anybody try it, but I was in trending markets, this was the mid 70s, so Jimmy Carter years in the early run of Reagan years and the markets were trending and you could just get on board to trade and it would run and run. It was really a nice time to learn how to trade. I became an institutional trader in 1980, the little bank called Harris Bank in Chicago, which is now owned by Bank of Montreal. And stayed there for a couple of years, and then I became chief foreign exchange trader at first Chicago and at that point, First National Bank of Chicago was one of the four or five largest currency trading banks in the world. And at...
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