You Are Your Own Guru - Part 2

Michael’s history with the financial markets dates back to 1979 on the Pacific Stock Exchange Options trading floor. He has traded in the U.S., U.K. (London Traded Options Market), Netherlands (Amsterdam’s European Options Exchange), and Germany (DTB).

He is an internationally published analyst of technical analysis (SeekingAlpha.com, European Traders Daily, Global Market Strategist and GMS Techstreet.com), covering the major indices, bonds, currencies, and commodities of Europe and the U.S. Currently, Michael is based in San Francisco and continues to analyze, trade, and research the markets.

The eye of a storm is at the center where there is calm. In the midst of the many economic storms currently swirling around the globe, making decisions is often swayed by crowd behavior or panic as prices race in both directions. Opportunities present themselves during chaotic, panic driven times. Opportunities often missed due to all the “noise”.

As a Market Maker on the San Francisco, Amsterdam, and London options trading floors, Michael studied the psychology both employed and self-employed by the most successful traders. Most if not all successful traders have the ability to stand within the chaos and pull out opportunities without succumbing to the panic itself.