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20 Questions: Trader Interview Series
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20 Questions: Trader Interview Series

  #61 (permalink)
Elite Member
Orange County, CA / United States
 
Futures Experience: Advanced
Platform: NinjaTrader, Excel/VBA
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One more potential question...

- In your style of trading, how important is it to move your stop to "break even".

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  #62 (permalink)
Jillzy
Chicago, IL
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL and YM
 
Posts: 22 since Nov 2011
Thanks: 12 given, 29 received

Personally, I'd rather let them go longer and pack it full of information, if they're happy to share. e.g. when Linda Raschke has been on, she can go on quite a long time, but it's all incredibly useful information that some of us watch multiple times...so the more gems of wisdom they're willing to share, the better! IMO...


Big Mike View Post
I've decided that I am going to emphasize the 30 minute time to the interviewee, but that I am not going to flat cut them off at 30 minutes. I would rather an interview run 45 minutes or even 60 minutes and get all 20 questions answered, if that is what it takes.

However, I do believe in trying to deliver compressed succinct information -- so in addition to my emphasis on the 30 minutes, I am going to have a standing offer to donate $100 to the interviewee's charity of choice if the interview is completed in 30 minutes or less.

Just a little fun and excitement

Thoughts on this idea?

Mike


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  #63 (permalink)
Jillzy
Chicago, IL
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL and YM
 
Posts: 22 since Nov 2011
Thanks: 12 given, 29 received


Ooh good one! I'd like to pile on with...If you move to break even, at what point in the trade do you do so?
and do you scale in / scale out of trades?
Or, more generally...what about "their" system of trading are they willing to share with those of us working on being pros in this arena....?


ntvola View Post
One more potential question...

- In your style of trading, how important is it to move your stop to "break even".


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  #64 (permalink)
Elite Member
Singapore
 
Futures Experience: Beginner
Platform: CMC Markets, Phillips Capital
Favorite Futures: Forex, Stocks
 
mrBean888's Avatar
 
Posts: 176 since Mar 2012
Thanks: 220 given, 139 received

I have a few questions to suggest:

- What are the mistakes you have made on the way to become a consistently profitable trader and how did you overcome them?

- Do you move your stop to breakeven?

- What sort of practice and effort did you put in while you were still not yet consistently profitable?

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  #65 (permalink)
Elite Member
Orange County, CA / United States
 
Futures Experience: Advanced
Platform: NinjaTrader, Excel/VBA
Broker/Data: IB / Kinetick / eSignal
Favorite Futures: Equities
 
Posts: 17 since Nov 2012
Thanks: 11 given, 15 received

Futures Edge on FIO

Which products do you trade?

 
Two more questions...

- Do you use volume in any part of your trading/analysis? If so, how critical is it? (supplemental / important / indispensable)

- If you were forced to spend the rest of your trading life using just one indicator (other than a price chart), which indicator would you choose?

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  #66 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 45,656 since Jun 2009
Thanks: 29,044 given, 80,665 received

Kevin Davey @kevinkdog confirmed.

I am trying to get some interviews posted before I go on my 3 week cruise vacation, but "spare time" has been very limited lately. Doing my best.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

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  #67 (permalink)
Jillzy
Chicago, IL
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL and YM
 
Posts: 22 since Nov 2011
Thanks: 12 given, 29 received

Dude, no need to apologize...you're living the dream we aspire to!



Big Mike View Post
Kevin Davey @kevinkdog confirmed.

I am trying to get some interviews posted before I go on my 3 week cruise vacation, but "spare time" has been very limited lately. Doing my best.

Mike


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  #68 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 45,656 since Jun 2009
Thanks: 29,044 given, 80,665 received

Hello there!

Hey guys, well three years later this idea is not dead. I repeat, not dead.

We are finally about to launch our 20 questions interview series and will be posting some new interviews soon. Stay tuned for that, I will update this thread once we start rolling them out.

We have kept the same basic principles defined three years ago in this thread, but have changed a few things here and there. Hopefully you will like what you see.

I am currently in the process of finalizing the set of 20 questions, which will mostly remain the same for each interviewee. I would greatly appreciate if you guys would spend a minute and read this thread, see what questions have been proposed already, and then respond with any new questions that you think would be a good fit for this series.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
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  #69 (permalink)
Market Wizard
Canada
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: InteractiveBrokers
Favorite Futures: NQ
 
SoftSoap's Avatar
 
Posts: 519 since Aug 2015
Thanks: 293 given, 998 received
Forum Reputation: Legendary

Some question suggestions:
  • What was the turning point in your trading career? To rephrase, at what point in your career did you feel that things will only improve from here on out (and they did)?
  • If you could go back in time to when you started your trading career, what would you do differently?
  • What do you consider to be the most underrated skill in trading?
  • What do you consider to be the most overrated skill in trading?
  • In your opinion, what differentiates the consistently profitable retail trader with the best of the best?
  • What do you think about fear in trading? Is it healthy or does it hold traders back?

Yesterday's excellence is today's standard and tomorrow's mediocrity
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  #70 (permalink)
Market Wizard
Medellin, Colombia
 
Futures Experience: Advanced
Platform: TPV/ Custom / R
Favorite Futures: Futurama, Buck Rogers, Minis
 
Rory's Avatar
 
Posts: 2,117 since May 2014
Thanks: 4,030 given, 5,923 received
Forum Reputation: Legendary


I expect that a list of only trading related questions will be dull and difficult to differentiate who is who after a couple of lists.

Some personality meat on the bone is good for the grown up traders as a hint of who they are as people lifts them from a beginner's earnest tick-box list
  • What are the 5 words that best describe you?
  • What is the biggest character turn-off for you?
  • What are 5 things you want more of right now? (Could be physical things, characteristics, ideas, anything.)
  • If you could visit any place in the world, where would it be? Would you consider living there?
  • If you could have any OTHER job, what would it be and why?

Just ideas grabbed from: https://www.smartlivingnetwork.com/relationships/b/id-and-ego-getting-to-know-yo...lly-get-to-know-someone/

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