Mike Swanson Audio Interview

by Olivier on August 29, 2013

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
He recommends two books worth reading and I also end up recommending a book on trading psychology that I deem to be required reading for all traders. Enjoy!

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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. 

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