A good place to start is my LinkedIn page at
I took my first trade while at university in 1980 (Mining Houses of Australia).Unfortunately for me, the trade paid off handsomely. I thought trading was easy.Fortunately, I was busy with my first career over the next 15 years, so I did nottrade except for one trade in 1983 which was a loss, and another in September 1987– yep, September 1987. The next trade was in 1996 in Westpac which was aspectacular success. By then I was working in my own company. Inspired by thissuccess, I went on to lose a lot of money over the next 7 or 8 years.
I worked for Lend Lease for 14 years. After that, I had my own company doingproperty stuff from 1994 until 2003. Then I switched to a dedicated life as a trader.I had, in the intervening 10 years before that, collected an impressive library ofbooks on psychology, finance, economics and, particularly, the art and science (andphilosophy) of trading. I read them all, some several times. I still have an extensivelibrary which keeps growing.
I became particularly interested in Gann and Elliott. I had been studying with ColinNicholson for some years, so I looked up David Bowden and Robert Prechter. Istudied first with Prechter from 1999, then with Bowden in 2006. So, I becameterribly sophisticated. At least I had stopped losing money and I was creeping slowlyonto the positive side of the ledger.
As you might imagine, my analysis became very involved and complicated. It was quiteeffective but eventually I started thinking that these tools, as great as they are, aresophistications rather than the basis of trading. I continued to use them butgradually made my core work simpler, adding these more as filters or as ways ofidentifying what I call a Point of Interest on a chart that may bear looking at withother tools. I think “market behaviour” is my favourite catchphrase. At the end ofthe day, that’s what I watch once I have identified a Point of Interest.
Back in 2007, I think it was, I got involved with Alan Oliver. You may know of him. Iwas living in Sydney, so I got all his material and studied it. That was it until 2010.Then I moved to Byron Bay where I lived for the next seven years. So I was able toattend Alan’s meetings each month in Brisbane. Eventually, he and I became goodfriends. I moved back to Sydney in 2017. When Covid hit, Alan switched to Zoommeetings, so I was able to take part again from Sydney and Alan asked me to do somepresentations in these meetings. I discovered that I enjoyed doing those and theywere well received by his students. So I have continued to do that.
The other thing that I started doing in 2019 was to take on selected students. Iwanted to take aspiring or existing traders with the right mindset, commitment, andintelligence, and teach or mentor them to be successful technical traders. I wantedto do this face-to-face, one-on-one. I have been doing that since then except for arather major interruption due to the pandemic.
I am also putting together what I hope will end up as a book – another unexpectedchallenge. It will also be called “The Simple Trader”. I am convinced that the powerwe have in trading lies not in sophisticated analysis, or in being “right”, but in simpleanalysis, reliable expectancy, intelligent trade management and disciplined tradesizing. I also put psychology, especially belief, right up at the top of the list.
One of the wisest things I have heard in my travels through trading life is somethingAlan said one day over coffee. “A line is just a line until price reacts to it.” Thosesimple, innocuous words encapsulate for me the foundation of technical analysis. I saytwo things to students over and over. First, “You don’t make money by getting into atrade. You make money by getting out – at the best possible time.” Second, “Weanticipate, we don’t predict.” Trading is about anticipation, preparation, andmanagement. Our power is not in the setup. It’s in what comes after that. It’s also inthe trades you do not take.
I think I would describe myself as a short-term technical trader. I lean towardscontinuation trades with a preference for breakouts and breakdowns, although I dolove to catch the end of zig-zag corrections (my main take-away from Elliott). I alsostill use Gann’s tools to find and support Points of Interest. My other two points arethe Point of Confirmation and the Point of Contradiction.
One of the things that I love about trading is that it teaches you about yourself. Italso takes you into a whole range of other fields such as finance, politics, psychology,systems thinking and more esoteric areas. Prof Bill Williams took it into almostmystical regions with his Chaos Theory application and his emphasis on meditation.
My major courses and teachers and what they taught meRobert Prechter – Elliott Wave InternationalElliott Wave theory and applicationRobert Prechter is the leading expert on Elliott Wave in the world. I studied withRobert Prechter from 1999 to 2006
Hubb (David Bowden)Gann methodologyStopsTargetsTrade Management
Tom Joseph – Advanced GETPractical EWElliott Wave Oscillator (Awesome Oscillator)
Prof. Bill Williams and his daughter JustineAlligator, Chaos Theory, Fractals, Awesome Oscillator with EW
Robert C. MinerMultiple Time FramesConfluenceInternal and External retracements, Expansions and ExtensionsElliott Wave simplifiedRight use of indicatorsAdvanced Elliott Wave trading methodologies
Alexander ElderTrading methodologyUse of indicatorsUse of moving averages
Van K. TharpExpectancyTrade ManagementPsychology
Brent PenfoldMore on ExpectancyRisk of Ruin
Alan OliverDeeper Gann understandingSimplicityDay-tradingOriginal Gann research
CMT 1 course in 2019I passed the Chartered Market Technician course part 1 in 2019 with coaching fromMathew Verdouw. I will not be pursuing the final parts 2 and 3 as they are relevant totechnicians seeking to do consulting and analysis for commercial enterprise clients.
I helped Robert Prechter out with his work in 2004, so he sent me his latest bookwith his thanks:
I studied with Colin Nicholson 1996 to 2004I helped him with his first book in 2005 so he acknowledged me in the book:
I studied with David Bowden and his crew at Hubb’s – Safety in the Market PlatinumCourse 2006/7 and then the Master Forecasting Course in 2007. This coveredadvanced Gann studies.
Since then, I have studied with Alan Oliver. We exchange ideas and gripes quiteregularly.I will never quit the markets. I have developed a strong interest in teaching so Iwould like to keep doing that both face to face and in printed and recorded forms.
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