Jun 11, 2014
Michael Covel speaks with David Ryan on today’s podcast. Ryan was famously first featured in Jack Schwager’s “Market Wizards” book. He is a protege of William O’Neil. Covel and Ryan discuss how Ryan got his start walking up to the front door of O’Neil’s offices; how Ryan would describe his approach to trading today; CAN SLIM trading, and buying the breakout vs. buying the dip; enjoying trading without clients; some good CAN SLIM winners in the past two to three years from Ryan’s perspective; big picture-wise, the max loss that Ryan is willing to take on a position; the type of winning percentages that Ryan really sees; the uneasiness about the overall market system since the 2008 financial crisis and how Ryan looks at how the situation has unfolded; high frequency trading; how the market can be humbling; and getting your ego out of the market. Want a free trend following video? Go to trendfollowing.com/win.