Tonight I interviewed Mike Swanson from WallStreetWindow. He talks about what kind of trader he is and the lessons he has learned over the years. He willingly shares quite a few interesting war stories from the Internet boom period. According to Mike this is what new and struggling traders need to pay attention to:
- Time frame / holding period
- Entire stock market valuation
- Risk control / portfolio management
Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.
http://www.tischendorf.com/wp-content/uploads/2013/08/Mike-Swanson-on-2013-08-29-at-22.14.mp3
One stock Mike likes right now is Gazprom. Here is a long-term monthly chart of Gazprom listed in Frankfurt, Germany:
There is a big difference between knowing what needs to be done and doing what needs to be done.
Twitter: https://twitter.com/tischendorf
Investing in your education always pays. Learn how to read chart patterns like a pro! Tischendorf Letter Premium: https://members.tischendorf.com