99 min listen
016: Tim Biggam – Tales From the Pit, Generating Trade Ideas, and a Lesson in Position Sizing
016: Tim Biggam – Tales From the Pit, Generating Trade Ideas, and a Lesson in Position Sizing
ratings:
Length:
50 minutes
Released:
Apr 15, 2015
Format:
Podcast episode
Description
It’s almost unfathomable to think that there was a time when it would take a couple minutes to execute an order. And now days we have traders taking extreme measures, just to get filled a nanosecond quicker than the next participant. But for this weeks guest Tim Biggam, that was the reality when he first entered the world of trading during 1985. And that entrance was straight onto the floor of the CBOE. Just a couple years into his journey, Tim experienced the full force of the infamous 1987 crash. While he survived, and was still in good shape to trade the following day, this gave him a true appreciation for the importance of correct position sizing, after seeing so many traders get wiped out. Tim really goes into the topic of position sizing and why it is absolutely vital to get it right during the later part of this interview, so make sure to stay tuned in. Additionally, Tim does a great job of explaining some of the terminology associated with options, how he uses scanning technology to generate trade ideas, and a whole lot more. TAKE NOTE: Tim will be keeping a close eye on the comments at http://chatwithtrader.com/tim – so be sure to leave a question you would like him to answer!
Released:
Apr 15, 2015
Format:
Podcast episode
Titles in the series (100)
027: Jack Schwager – Shares the key lessons learnt from many of the worlds greatest traders (aka the Market Wizards): The chances are you're already very familiar with this weeks guest, and if you're not - then I'll have to presume you're new to the realm of trading. by Chat With Traders