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Josh "MauiTrader" Hayes on TraderInterviews.com
So Josh Hayes was featured on a podcast from TraderInterviews.com yesterday, further reinforcing my position that he is a genius with CANSLIM and his stock trading software. He more than deserves every bit of media attention he gets and no doubt will be one of the greatest traders of all time.
Here’s what they had to say:
Joshua Hayes has been trading since he was a teenager. Here we talk about how he uses the CANSLIM method to find profitable trades and how he uses the 50-day moving average to find stocks that are ready to move. He has a longer time-frame, sometimes holding stocks for months and even years. Yet he is a full-time trader and concentrates on quality trades rather than quantity. His website can be found at BigWaveTrading.com and he also writes for RealMoney.com.
Anyway I just figured I would point out the interview so everyone could check it out. It just shows more the value of signing up for the BigWaveTrading service.
It was just a matter of time before Hayes made his way to Trader Interviews, he is one guy who absolutely knows what he is doing and manages his portfolio well.
Thanks for including the clip here though, I don’t always catch them and if I don’t know what I’ve missed I don’t always know what to look for. I can’t always understand why some of the choices that are made for interviews are chosen for Trader, but this is definitely one I will look up.
Josh really is becoming a legend in his own time, and what’s scary is that he’s still so young. I can only imagine what his cumulative returns will look like over the next 30 to 40 years. It’s good that he puts so much emphasis on the CANSLIM approach because study after study has shown in historical context that it is one of the most lucrative methods out there. It sounds counterintuitive, but people really need to come to grips with the fact that they often need to buy at or near new highs instead of sell. As a stock’s price strength increases it usually only goes higher, and if you can time your entry right you can make a lot of money in a short time.
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