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Interview with Exchange Currency Trader

Interview with Exchange Currency Trader

Posted by Trader On March - 28 - 2009













Dave Mabe is the Architect General for the analytical software complex for active traders “StockTickr”. Dave was trading on fund markets for 10 years and helped other traders develop their successful trade. He trader his own money and often publishes his articles about markets trading and currency market news.

How have you first got interested in the market trading?

My father always invested in world currency market and he taught me to understand the value of the money and of investing. His efforts were not in vain. Since than I got interested in world currency markets.

I started investing while college. At that moment – in common funds only. Since than my trading period got shorter and shorter. Now I am a one-day real time currency market trader. I’m “square” in the beginning and in the end of each day. I don’t think it’s what my dad expected to see in the result, but that’s what just happened.

Do you ever use options? If yes, what are your favorite strategies?

I think, to some extend most traders are trapped by the stereotype that a strategy that works should be complicated, while it’s exactly otherwise.
Being a one-day trader I am always searching for changes. If you watch any trading day chart, you see there large quantity of by-side movements that have no explanation. While options trading I would probably choose a strategy that will capitalize on the basis of avoiding such moves.

What about the trading market do you like best of all?

It seems, it was Oren Buffet who said “It’s better to have a bad job in a good sphere than a good job in a bad sphere of business”. I think, this expression genuinely describes the trading business. There is a lot of successful trading strategies and always numerous currency market updates. That’s just the question of the strategy that suits you best of all.

When people use the tool designed by me in order to find their own trading strategy and to become a successful trader – that’s what gives me greatest satisfaction.

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