Tim: Hello everybody and welcome back to TraderInterviews.com. Thanks very much for joining me for another interview. So my guest today is Nick and he is calling in via Skype all the way from Australia and I wanted to talk to Nick about how he finds good opportunities in the markets and a little bit about that. So, first of all, Nick, thanks very much for joining me over Skype today.

Nick: No problem, Tim. Thanks for having me.

Tim: All right. So, let's talk about, first of all, what kind of trader are you, either a day trader or a swing trader and then what markets do you like to trade?

Nick: Well these days, Tim, I'm a little bit of everything. I guess if you wanted to put me in a singular category, you would call me a systematic trader now. I've been trading for about 25 years. I started off trading mainly patterns and believe it or not, the first time I started trading back in 1985, I was using a 5 and 10-day moving average crossover, but that was a long time ago. So these days, I trade four different systems; they're all 100% mechanical. Two in the US that are both short term in nature and two in Australia; one that's a momentum style system and my main system is a longer term trend following system.

Tim: Okay. So, you know, I don't get a chance to talk to too many totally automated traders so I'm glad we got a chance to talk then. What made you decide first of all to go from being a discretionary trader to letting your systems decide the buy and sells?

Nick: Well, I guess, the question is whether I was designed to be a discretionary trader in the first place. As I said, I first started trading when I walked past an advisory desk in a stockbroker's office when I was 18 and there was a guy there and he had some graph papers. This is back in 1985 and he had some chart paper and...

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