T2W Trading Community

eAdvice

Are there any books you have read, that you would recommend to people?
For Beginners – Toni Turner's two books 'Day Trading' and 'Short Term Trading' and Martin Pring's book on technical analysis. John Piper's Book 'Knowing Yourself' and finally '7 Winning Chart Patterns' by Ed Downs of SignalWatch.com.

What is the most important advice you can give the average trader?
Study why it went right or wrong. Money Management. Keep records after every trade.

What advice do you have for the beginner trader?
Buy my beginner's course or attend one of my workshops (bbviously): it will be a shortcut. You can purchase this 6 CD set starting March 2003 for less than £200 and I promise you when you start trading you will not risk more than £1,000 including your starting kitty of £500. It's hard work, serve your apprenticeship; be very wary of people that promise big rewards and brag about the big cheques they get! Don’t be misled – use this site Trade2Win its an Aladdin’s cave of information. Don’t be afraid to ask others.

What are the traits of a successful trader?
To continue to be trading and not hyping it up as easy money; controlled effort; expect the unexpected; money management and record keeping.

The View From The Floor

Do you enjoy working from home?
It's been a long journey, but yes. Actually, I spend as little time working as possible. I visit the gym and take the dogs for a run. I make my own choices. That’s nice.

What environment do you trade in, for example do you have a separate office, multiple monitors and CNBC on the telly?
Separate office fully fitted, 2 Computers, CNN and Bloomberg etc. Large patio door backs onto the garden, south facing, in a village in Somerset! It's a really hard life! Only drawback – no broadband yet.

What effect has trading had on your personal life?
I need constant challenges in my life – trading provides it in a big way!

Do you sometimes need to get away from the market for a few days?
Yes, and I do visit Dublin about 4 times a year, take days off frequently. I go cheap B& B in Cornwall. I live in one of the most beautiful areas in the UK – I put as much effort into smelling the roses as I do in trading.

Is trading for a living firstly viable and second desirable?
As I approach my Saga years, where else could I earn an income, for doing what is a fun way of making money – and I can do it from anywhere. I never intend to retire but if this is work then I want to continue.

If you weren’t trading what would you want to spend your time doing?
Flying, reading, in the sun – sunbathing.

And Finally

Do you have any goals at this point?
Yes, dozens of them. Let's start with a home in France, where it’s warmer. Speak a foreign language (that’s next).

Do you still see yourself trading ten or fifteen years down the road?
No, too busy drinking good wine, french bread, camembert cheese and pate.

When you make your first million, what will you spend the money on?
My kids and their husbands and grandkids - they have all managed to stay out of jail all their lives. Think we should celebrate that!!

Any comments about T2W?
Simply the best traders' site in the UK, you have done a brilliant job. As someone involved in many internet sites I know the hard work, effort and money which has gone into it. Well done, now if every member sent Trade2Win just 10 euros by paypal or shoved that 10 euro or dollar note stuck in the drawer in an envelope and posted it – what else could you achieve? (Ed. Now that's a thought! ;) )

Any last words?
Trade what you see, not what you feel, and No.1 Money Management.