Hite is a trailblazing investor who actively shaped the upcoming landscape of system trading as early as the s. In an interview with author Jack D.

Trader Interview: $ to $, in Six Years | Finance Magnates

Schwager for the book Market Wizards, Hite reminisces how he got started in commodities trading. A sudden realization struck him: A sometime actor and screenwriter, he eventually got serious about staying with the music business.

Expert Interview with Zachary Storella on Forex Trading for Mint | Mint

However, after several incidents caused him to question his career path, he decided to enter the world of investments as a stockbroker in It was then that a chance comment made during a job interview set Hite on his path to successful commodities trading: Approach the business as a gambler playing the odds to win, rather than a stock market analyst who stays one step behind the market.

Larry Hite has built a reputation for taking hedge fund management to the next level. He is considered legendary in that he consistently managed to get clients actively involved in the trading method, leading to increased investor commitment to the entire trading process. The trading philosophy he embraces is as down to earth as it is practical: Larry Hite wants to know what you can afford to lose, rather than what your investment can net him.

This differentiates his trading viewpoint from the more aggressive traders who in recent decades managed to reap great profits but also suffer song one day by trading yesterday lyrics meaning downward spirals.

Larry Hite cofounded Mint Investment Management Company and carefully grew it into the biggest and most influential commodity trading advisor firm of Of course, what would a reputation be without the facts to back it up? The Mint Guaranteed Fund — a Series A fund — proved to become a steadily leading frontrunner among 76 other publicly traded commodity funds. Hite also proved stock custom options magento cunning investment strategy, coupled with investor commitment, could benefit more than one fund.

Not surprisingly, Hite has been frequently asked to divulge his secrets for success, and one thing that he stresses consistently is the need for diversification and cutting edge technology. Diversification is a means for reducing the risk inherent to trading. Technology, in the form of computerization, largely eliminates the human error component when analyzing data.

Interview With Forex Trader Leslie Stayton - Forex Interviews on ykewobuzyjeca.web.fc2.com

Even as far back as he strongly relied on computer modeling to gain an insight on futures best forex trader interview in national as well as international markets. Over best forex trader interview course of time, he built a system that placed the investment behaviors of people as a constant, while making the commodities the variables.

This simple process ensured not only a clear means of predicting future performances, but also provided him a fairly significant edge when it came to unloading commodities just before they lost substantial percentages of their values.

Hite never diverged from this strategy, and as computers and programs became more commonplace, he upgraded his software to remain on the cutting edge of the business. Back then — just as he does now — he advocated volatility tracking of at least 10 to up to days in order to make an educated investment decision.

InLarry Hite retired as the hands-on fund manager at Mint. Since his retirement, he has held the position of managing director of Hite Capital LLC. Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors.

The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you. OptiLab Partners AB Fatburs Brunnsgata 31 28 Stockholm Sweden Email: You are using an outdated browser.

The Forex Cabin - Simple and essential tools to assist your trading performance

Please upgrade your browser to improve your experience. World's best forex deals and strategy. Sign Up Free Demo.