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I found the Balodimas interview in your new book the most fascinating of all of the interviews you've conducted in the "Wizard" series. At one point in the interview you seemed to get frustrated with Balodimas' inability to adapt his style to catch more of the change in trend. And he seemed to get frustrated with your frustration. Could you talk more about this interview, maybe provide some thoughts about Balodimas' style that weren't in the book?
Can you help answer these questions from other members on NexusFi?
if my memory serves me right, you were mentioned in Nassim Nicholas Taleb's "Fooled by Randomness". The author was of an opinion that a lot of (outstanding) performance of traders is attributed to luck and it seemed that you also held that opinion. Since it was only a sentence or two, I would love to hear more. What role does luck play in trading? Even though Tom Baldwin in his interview stated that luck plays no role, what do you think? No other man on planet could answer this question better than you.
What specific instruments do you think provide the most opportunity for retail traders to be successful?
For example widely traded instruments like ES or smaller instruments that hedge funds would not be able to trade with size?
Given your access to all these great traders, have you become a market wizard yourself? If yes, how have your interviews helped you, and if not, why not?
Is there a particular trader or money manager you would've really liked to interview and get into what makes him tick, but for some reason haven't been able to so far?
Q for Jack: Do you think that for every one (new or "old" traders) it could be a good thing to speak/interview successful traders as you did?
And if yes, is that in order to improve primarily your psychological or technical skills (or other)?
Thank you.
