Trader Rob Booker talks about how he determines how much he risks on each trade, why he takes long-term positions in addition to his daytrading, and how long it took him to be confident in his trading abilities. Although Rob trades primarily Forex, traders of all types will benefit from his candid talk.
Eric Patterson has been trading since the "good 'ol days" of SOES bandits and Block Trading. He's traded successfully through bull and bear markets and has completely automated his system to find opportunities, buy and sell. He executes 1500 to 2000 trades a day. Here we talk about what puts him in the top 1% of all independent traders and the keys to his success in the markets. A fascinating look at a great trader with a totally automated system.
