John Welsh Interview - Chat With Traders Podcast Episode 018 - Investing Shortcuts

John Welsh Interview – Chat With Traders Podcast Episode 018

John Welsh has over 10 years of experience being a full time trader, and he’s made millions along the way. He feels it’s important to focus on fundamentals and news releases and he tends to discount charts because of his background in accounting and finance.

 

He is involved in both intraday and swing trading, focusing on Biotech stocks, making around 90% of his trades within this niche.

 

What’s Covered in This Interview:

  • The way John works to avoid over trading, and how he doesn’t trade like a typical trader.
  • Some of the top 11 rules John follows. He discusses why number 4 could be the most important, which is the more you will lose if you are more stubborn.
  • Why John is going from primarily being a short seller to looking at trading both sides.
  • Why John likes the biotech sector and the benefits that come with finding a niche in the market.
  • John on why Twitter is a valuable resource to find breaking news for free, basically if you block out the noise and follow the right people.
  • Why 90% of the challenges of trading is the mental aspect, and why traders need to avoid in most cases, getting confirmation on other’s trade ideas.
  • John on why some trading days just plain suck, and when it’s time for traders to turn the computer off for the day.
  • Why it’s important to separate a personal life from your trading life.

 

Links and Resources:

 

Aaron Fifield

Author Aaron Fifield

Aaron Fifield is a developing trader, and host of the Chat With Traders podcast. Each week he interviews successful traders and financial thought-leaders to extract their best insights, which is listened to by thousands. On the trading front, Aaron is learning how to code and is pursuing algorithmic trading systems.

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