Interview: Charting The Future With Scott Brown by Jayanthi Gopalakrishnan
Better Than Tea Leaves
Scott Brown is president of MetaStock and has been with the company for more
than 13 years. Initially hired to work in the sales department, Brown soon
became an integral part of the company, working in almost every department.
As a product manager, he played a key role in the development of MetaStock
versions 8, 9, 10, and 11. In addition to product management, Brown also
managed business development and events, directed sales/marketing/support,
then finally taking the position of president in 2010. In 2013, seeing a need
for greater focus on the retail environment, Brown navigated the divestiture of
MetaStock from Thomson Reuters.
Brown has presented at trade shows and trade associations as well as to
individual traders about technical analysis and MetaStock in more than 20
countries. Stocks & Commodities Editor Jayanthi Gopalakrishnan spoke with
Brown on August 7, 2013 about using software to trade, developing systems,
and the future of charting.
tell us a little bit about
how you got interested in the
When I was growing up, my mother
manned the business library at Brigham
Young University, and thatís where I got
introduced to the financial markets. I
would use the Bloomberg terminal when
I accompanied her to work. While in college
I worked in the business library, and
after graduating, I worked for MetaStock
because it was the one company in the
area that was involved with the markets.
MetaStock was looking for sales individuals
and I worked for the company in sales.
Since then, Iíve spent almost 13 years at
MetaStock in sales, product management,
as president, and doing everything in
between. Recently, I bought the company
from Thomson Reuters.
You have been with MetaStock for a
while. What are some changes you
have seen in charting features over
One thing for sure is that markets
are interconnected. These days, when
you wake up in the morning and turn
on the TV, or open up any type of business
newspaper or website, you will see whatís going on around the world.
People interested in the markets want
to know what happened the night before
in the Asia Pacific region, where
the European markets are headed,
and whether thereís been any global
mishap that could affect our markets
here in the US. Over the years, people
have been looking at global data and
trying to figure out ways to read the data
correctly, in the sense of how it can help
them with their trading.
Markets are definitely linked and I
think thatís a huge change that has happened
over time, especially in the last
10 to 15 years. Another thing that has
changed, of course, is the availability
of charting. Thatís a big change, since
people can get charts from all over the
world. They can get everything from
their brokerages, they can get basic charts
free over the Internet, and they can get
advanced charts through different charting