Stocks & Commodities V. 24:7 (62-67): Interview: Michael “Trader Mike” Seneadza: From Swing Trading to Daytrading by J. Gopalakrishnan
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Stocks & Commodities V. 24:7 (62-67): Interview: Michael “Trader Mike” Seneadza: From Swing Trading to Daytrading by J. Gopalakrishnan
Atlanta, GA–based independent stock trader Michael Seneadza received a bachelor of science degree in electrical engineering from Stanford University, but he started swing trading for a living in 1999 after working in the information systems industry for nine years. He launched his well-received blog at his website, TraderMike.net, in 2003, providing daily market commentary and education material. Last year, he pulled another switch, shifting from swing trading to daytrading.
STOCKS & COMMODITIES Editor Jayanthi Gopalakrishnan interviewed Seneadza via email and phone in early May 2006.
Q: Michael, how did you get started trading?
A: My initial exposure to the market was via an investment investment club that some college friends started back around 1992. A couple of years later, I opened my own account. Over time, I got more and more into the markets. Around 1997 a few things came together that really increased my interest in trading.
Q: What were they?
A: At that time, I was consulting as a software developer for an energy trading company. Being in that environment really got me curious about trading. Also during 1997, I happened to read "Trader Vic: Methods Of A Wall Street Master" by Victor Sperandeo, and William O’Neil’s "How To Make Money In Stocks". Motivated by those two books, I wanted to learn all I could about trading. I bought about 10 more books and I began to read Gary B. Smith’s column at TheStreet.com. The more I learned, the more I was convinced that I wanted to trade full time. In mid-1999 my project ended, and I decided that it was now or never to give trading full time a shot.
Atlanta, GA–based independent stock trader Michael Seneadza received a bachelor of science degree in electrical engineering from Stanford University, but he started swing trading for a living in 1999 after working in the information systems industry for nine years. He launched his well-received blog at his website, TraderMike.net, in 2003, providing daily market commentary and education material. Last year, he pulled another switch, shifting from swing trading to daytrading.
STOCKS & COMMODITIES Editor Jayanthi Gopalakrishnan interviewed Seneadza via email and phone in early May 2006.
Q: Michael, how did you get started trading?
A: My initial exposure to the market was via an investment investment club that some college friends started back around 1992. A couple of years later, I opened my own account. Over time, I got more and more into the markets. Around 1997 a few things came together that really increased my interest in trading.
Q: What were they?
A: At that time, I was consulting as a software developer for an energy trading company. Being in that environment really got me curious about trading. Also during 1997, I happened to read "Trader Vic: Methods Of A Wall Street Master" by Victor Sperandeo, and William O’Neil’s "How To Make Money In Stocks". Motivated by those two books, I wanted to learn all I could about trading. I bought about 10 more books and I began to read Gary B. Smith’s column at TheStreet.com. The more I learned, the more I was convinced that I wanted to trade full time. In mid-1999 my project ended, and I decided that it was now or never to give trading full time a shot.
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