Former U.S. Marine, John Netto, describes himself as a high velocity, cross-asset class trader. Connecting versatility, adaptability, and an ability to interpret a high volume of information are his greatest edge in making lucrative returns.
We cover all of these skills in our interview, diving into processes, research, strategy, macro, and market regimes. Also discussed are the benefits of venturing outside of your comfort zone, why you should embrace growing pains, and the instances when emotion is your friend.
What’s Covered in This Interview:
- John gives us the story behind his passion for speculating and how it was sparked at a young age, his experience running a sports betting operation while in high school, and later why he joined the Marines.
- Impulsiveness and lack of process—the two big reasons why John quickly lost his first trading account; then, what helped him to finally become successful.
- The high-level overview of John’s research matter, the strategies that he trades with, and the three zones of successful trading.
- How a programmer has helped John automate some processes, as well as how to use a programmer without giving away trade secrets, i.e. the ‘secret sauce’.
- Getting outside of your comfort zone and its benefits in bringing in lucrative returns, and why John thinks you should embrace your losses and growing pains.
Links and Resources:
- Wall Street, 1987 [Wikipedia]
- The Global Macro Edge [Amazon]
- The Netto Number [Twitter]
- DiNapoli Levels [Amazon]
- @JohnNetto [Twitter]
- TradeStation connects traders with all the bells and whistles to better monitor and participate in markets.
Click here to get your free copy of The Comprehensive Guide to Trading Mentorship.
