The full interview can be found
here StockTickr: How do you think the market has changed over the last several years? How have you adapted?
Alan: It’s moved from a human based to a silicon-based life form. Program trading now accounts for the vast majority of market volume. I’ve adapted by mistrusting volume, direction and momentum signals. In turn, I play failure signals much more than in the past.
StockTickr: What advice can you offer traders who are just starting out? Alan: Trade small and don’t try to make money. Concentrate on playing the game well.
StockTickr: What do you like best about trading? Alan: I can control my own day, life and destiny without working for the man.
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