Steve Woods is an author, lecturer and a veteran of the stock market analysts. Steve is the author of "An analysis of the road", which is detailed in his book "Analysis of navigation, powerful technical indicators using price and volume." His approach is the only method which focuses on finding a change in shareholders, watching "turnover" of shares actually available for trading (ie, swimming). His method of considering the price, volume and the floating supply of shares as interrelated. He has published articles on his method in "The technical analysis of shares and commodity futures, as well as in magazines" World Trade "and" Active Trader. " He is also the author of "An analysis of the road" in the newsletter.
Steve Woods is an active trader, trading a full-time basis, since 1990. First, it basically followed the method of William O'Neill and Nicholas Darvasa. His style of trading has evolved over the years, and he now finds himself on the movement of the trader. His trading system brings its own concept of the "Analysis of the road" with the methods of analysis. His tools of choice of time enabled him to become an excellent technical analyst, as well as highly effective trader.
Steve has been a visiting lecturer at the Association of the market of futures and options, and Atlanta offices of Virginia Association of market analysts, the Washington Society of market analysts and investors Tampa Club. He is a certified specialist in the University of Virginia.
Question: How did you first interested in investing and trading in the markets?
Steve: Thirty years ago I was engaged so that the net bottom of a very old sailboat, which was repaired. My boss is not only responsible for the reconstruction project, but also played on the futures market directly to their dining table, using only paper, pencil and paper for charts and a telephone. I was struck by a way of life of this man and thought that someday I would do the same.
Question: Have you ever traded options, and if so, what is your most preferred strategy?
Steve: I traded options on short-term basis.
Question: What do you most like is to be a trader?
Steve: Freedom. I love to be your own boss. Defining your own schedule. The endless process of research and of course the opportunity to earn money.
Question: How do you view the loss, and how you determined your threshold of risk before you enter into the market?
Steve: Losses - this is just a fact of life. They can become good teachers, if your conscience can look at them. Study of loss of insight as always. The challenge is to keep losses as small as far as possible. I try to lose no more than 1% or 2% on any transaction. I mainly use the trade on the movement, thus allowing their risk to a transaction to determine the size of the position.
Question: Do you prefer long or short-term strategy?
Steve: I have a short-term trader, if the market goes against me, and long-term trader, when I am on the right side of the market.
Question: What are some key rules, how do you think are most important for the trader, which must be borne in mind when evaluating any potential trading opportunity?
Steve: I begin with a technical assessment. If the market does not look well enough on the schedule, I am not interested. If the market looks really good tool to schedule, I appreciate the more fundamental factors, and how the market reacts to the news.
Q: What markets do you prefer to trade and track with your analysis tools?
Steve: I traded in the stock market, and I focus on the actions that have a "turnover of the road" less than a hundred days.
Question: What was your most unforgettable transaction?
Steve: The very first event that I ever bought was "Cisco Systems" in 1990. I bought 12 shares for $ 400. I do not know what to do and sold them to a small loss, a few weeks later, when it seemed to me that the market is wide sale. Now I know that those are my $ 400 would become $ 200,000 over the next 10 years. It was a very important lesson.
Question: With all the variety of technical and fundamental analysis tools, as a beginner trader avoid information overload or "analysis paralysis"?
Steve: I think the best way to avoid information overload is to "keep things simple." Financial markets - this is not the science of building rockets. Simple tools work best. You should use common sense. The most important part of trading arsenal is a trader's "shoulders." You can have the biggest set of tools in the world, but if your head is not working properly, you will continue to "mark time".
Question: What do you think allows you to successfully trade the markets?
Steve: I have an advantage over the large number of traders, because I use graphs and analysis Swimming Swimming. This is a valuable tool for me. I never make a bargain, not seeing a stock traded on a turnover.
Q: What do you think the biggest misconception novice traders to trade the markets?
Steve: Beginners do not understand how truly earn the money that the basis for this is hard work and efforts. They think that the market - a place where you can make easy money without much effort. They think that people in the financial markets did not earn their money to work. They do not understand how much time and effort needed to be consistently successful in the markets and that is the place to really appreciate and understand themselves and their values. The market can lead to large external and internal freedom, if you're willing to look at their weaknesses. Book Vik Speranadeo Methods masters of Wall Street "provided me great help in this regard.
Q: What advice would you give a man starting to trade the markets?
Steve: Read and learn, read and learn, read and learn. Then take a small amount of money, and start to trade - this is the best way to learn. Trade in virtual accounts does not allow you to feel the emotional side, which you will eventually have to deal.
Question: Can you describe a normal trading day of preparation before the performance of the transaction?
Steve: I get up at 5 am to start the day as well as only I can. I look at the large number of graphs. I draw attention to some analysts, who, in my opinion, are the best in the business. I will gradually move from the general analysis to the very essence of a particular marketing tool, and then decide what I might be invested.
Question: What is the decision-making process do you go to choose a particular transaction and the specific market sectors, which would be worthy of their money?
Steve: Market-based instruments should have a certain price and the volume at a specific level of support or resistance, and I always look at those markets that match my criteria. I love to see the force of the movement. Over the past when the market-based instruments have a strong movement on strong volume, he has provided support when the price comes back there again.
Q: What types of analysis you use to find great trading opportunities?
Steve: The analysis of voyage, the level of analysis, Fibonacci levels, Moving averages, an analysis of income per share, and ABC.
Question: How would you describe your approach to the markets?
Steve: to investigate in detail all the nuances of the market up to the essence. Keep things simple.
Steve Woods is an active trader, trading a full-time basis, since 1990. First, it basically followed the method of William O'Neill and Nicholas Darvasa. His style of trading has evolved over the years, and he now finds himself on the movement of the trader. His trading system brings its own concept of the "Analysis of the road" with the methods of analysis. His tools of choice of time enabled him to become an excellent technical analyst, as well as highly effective trader.
Steve has been a visiting lecturer at the Association of the market of futures and options, and Atlanta offices of Virginia Association of market analysts, the Washington Society of market analysts and investors Tampa Club. He is a certified specialist in the University of Virginia.
Question: How did you first interested in investing and trading in the markets?
Steve: Thirty years ago I was engaged so that the net bottom of a very old sailboat, which was repaired. My boss is not only responsible for the reconstruction project, but also played on the futures market directly to their dining table, using only paper, pencil and paper for charts and a telephone. I was struck by a way of life of this man and thought that someday I would do the same.
Question: Have you ever traded options, and if so, what is your most preferred strategy?
Steve: I traded options on short-term basis.
Question: What do you most like is to be a trader?
Steve: Freedom. I love to be your own boss. Defining your own schedule. The endless process of research and of course the opportunity to earn money.
Question: How do you view the loss, and how you determined your threshold of risk before you enter into the market?
Steve: Losses - this is just a fact of life. They can become good teachers, if your conscience can look at them. Study of loss of insight as always. The challenge is to keep losses as small as far as possible. I try to lose no more than 1% or 2% on any transaction. I mainly use the trade on the movement, thus allowing their risk to a transaction to determine the size of the position.
Question: Do you prefer long or short-term strategy?
Steve: I have a short-term trader, if the market goes against me, and long-term trader, when I am on the right side of the market.
Question: What are some key rules, how do you think are most important for the trader, which must be borne in mind when evaluating any potential trading opportunity?
Steve: I begin with a technical assessment. If the market does not look well enough on the schedule, I am not interested. If the market looks really good tool to schedule, I appreciate the more fundamental factors, and how the market reacts to the news.
Q: What markets do you prefer to trade and track with your analysis tools?
Steve: I traded in the stock market, and I focus on the actions that have a "turnover of the road" less than a hundred days.
Question: What was your most unforgettable transaction?
Steve: The very first event that I ever bought was "Cisco Systems" in 1990. I bought 12 shares for $ 400. I do not know what to do and sold them to a small loss, a few weeks later, when it seemed to me that the market is wide sale. Now I know that those are my $ 400 would become $ 200,000 over the next 10 years. It was a very important lesson.
Question: With all the variety of technical and fundamental analysis tools, as a beginner trader avoid information overload or "analysis paralysis"?
Steve: I think the best way to avoid information overload is to "keep things simple." Financial markets - this is not the science of building rockets. Simple tools work best. You should use common sense. The most important part of trading arsenal is a trader's "shoulders." You can have the biggest set of tools in the world, but if your head is not working properly, you will continue to "mark time".
Question: What do you think allows you to successfully trade the markets?
Steve: I have an advantage over the large number of traders, because I use graphs and analysis Swimming Swimming. This is a valuable tool for me. I never make a bargain, not seeing a stock traded on a turnover.
Q: What do you think the biggest misconception novice traders to trade the markets?
Steve: Beginners do not understand how truly earn the money that the basis for this is hard work and efforts. They think that the market - a place where you can make easy money without much effort. They think that people in the financial markets did not earn their money to work. They do not understand how much time and effort needed to be consistently successful in the markets and that is the place to really appreciate and understand themselves and their values. The market can lead to large external and internal freedom, if you're willing to look at their weaknesses. Book Vik Speranadeo Methods masters of Wall Street "provided me great help in this regard.
Q: What advice would you give a man starting to trade the markets?
Steve: Read and learn, read and learn, read and learn. Then take a small amount of money, and start to trade - this is the best way to learn. Trade in virtual accounts does not allow you to feel the emotional side, which you will eventually have to deal.
Question: Can you describe a normal trading day of preparation before the performance of the transaction?
Steve: I get up at 5 am to start the day as well as only I can. I look at the large number of graphs. I draw attention to some analysts, who, in my opinion, are the best in the business. I will gradually move from the general analysis to the very essence of a particular marketing tool, and then decide what I might be invested.
Question: What is the decision-making process do you go to choose a particular transaction and the specific market sectors, which would be worthy of their money?
Steve: Market-based instruments should have a certain price and the volume at a specific level of support or resistance, and I always look at those markets that match my criteria. I love to see the force of the movement. Over the past when the market-based instruments have a strong movement on strong volume, he has provided support when the price comes back there again.
Q: What types of analysis you use to find great trading opportunities?
Steve: The analysis of voyage, the level of analysis, Fibonacci levels, Moving averages, an analysis of income per share, and ABC.
Question: How would you describe your approach to the markets?
Steve: to investigate in detail all the nuances of the market up to the essence. Keep things simple.
Forex Magazine
based on www.optionetics.com
based on www.optionetics.com
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