Market ‘Magic’ Fuels Success For This Trader

2020-09-18

Who doesn’t love a story about the “Mad Scientist” who can make sense out of chaos and create something special?

At Simpler Trading, our mastermind of overcoming market chaos is our very own David Starr, Vice President of Quantitative Analysis. He is a theoretical mathematician and the creator of the popular Voodoo Lines® and Ready. Aim. Fire!® indicators.

David is this week’s “Friday Feature” team member.

At Simpler Trading, there is nothing more valuable than our people — our biggest asset.

David headlines this highlight of the newsletter where we present one of our team members making an impact.

David doesn’t typify the Hollywood version of a secretive, quirky genius. He’s laid back, approachable, and helpful to all who ask. He goes above and beyond expectations as he shares his knowledge and skill trading the markets.

Although, he does have a special insight into the markets.

“The market is much more powerful than we are and cares very little about what we want from our trades,” David says. “But with the right frameworks we can learn to listen to what the market wants and trade accordingly.”

And it’s maddening (in a good way) —  even to the best of traders —  how much David knows about life, technology, business, and trading.

Few can match his academic achievements or his experience building companies and then taking them public. He’s been a strategic management consultant to some of the most respected companies and has years of success in financial markets.

Most people don’t realize they already make use of his technology on a regular basis as his patented innovations in wireless technology are inside virtually every smartphone on the planet.

And, yet, David keeps everything simple by “starting each day with an open mind.”

He passionately stresses that the key to growing as a trader is understanding and managing personal emotions. Don’t go all Hollywood and incite account-destroying emotions and behavior when trading.

David knows the individual must avoid provoking emotional reactions when trading. Instead, focus on developing a trading style that allows for an approach to the markets in a calm, collected manner ideal for maximizing profits.

Traders often comment how Voodoo Lines® and Ready. Aim. Fire!® appear to “magically” find trades on a consistent basis. No complex math or science needed, just look at lines on a chart and follow the setups.

The real “magic” in what David does in the markets is that he simply applies his proven, specialty concepts in a unique way to create profit potential in his trading.

We Saw: markets roughed up on Quadruple Witching — 

  • Technology sector continuing to weaken
  • Oil finishing a positive week
  • Cruise stocks taking on more water

We’re Watching: plays to trade less and make more —

  • Staying balanced through the weekend
  • Setups to enjoy any heat and take gains
  • As Friday produced steady, relentless selling