Interview: Catch The Swings With Arthur Hill by Jayanthi Gopalakrishnan
Plan Your Trade, Trade Your Plan
Arthur Hill, CMT, is the senior technical analyst for StockCharts.com
and an independent trader. He was a member of the Society of Technical
Analysts (London) and passed its diploma exam with distinction
in 1998. He went on to teach the diploma modules on momentum
and candlesticks. In 1997, Hill launched TDTrader.com, a website
specializing in technical analysis and swing trading. It was acquired
by StockCharts.com in 1999, where today Hill provides daily market
analysis, produces companion videos, and develops the ChartSchool,
with more than 100 in-depth articles. His approach to market analysis
starts with broad market analysis, defines sector rotations, identifies
industry groups on the move, and ends with stock selection for swing
trades. His recent book, Define The Trend And Trade The Trend,
shows how to determine trend direction and find low-risk entry points
within that trend. Hill has contributed articles to Technical Analysis
of Stocks & Commodities and to our online publications, Traders.
com Advantage and Working Money. Hill is a member of the Market
Technicians Association and holds the Chartered Market Technician
(CMT) designation. He can be followed on Twitter (@ArthurHill) or
reached through StockCharts.com.
Stocks & Commodities Editor Jayanthi Gopalakrishnan spoke
with Hill on March 11, 2013, via telephone.
Arthur, tell us about yourself and
how you got interested in technical
After graduating from high
school in 1980 in Houston, I got a summer
job at an engineering firm. One of
the engineers working there was trading
using technical analysis. He subscribed
to the Granville Market Letter. I started
hanging out with him and started learning
about the markets. I bought my first
stock, an odd lot of Cities Service, while
I was working at the engineering firm.
During our lunch hour, we used to go to
the brokerage house, Kelly Associates,
and that is when I got hooked.
I left the engineering firm when I got a
job in the financial industry. I worked at
Oppenheimer & Co. as a cold-caller for
the brokers. That put me in the middle of
the action. I had access to a Quotron machine,
I went to the morning conference
calls, and I studied my daily graphs.
That was in the early 1980s and I was
reading everything I could get my hands
on. I started following Richard Russell,
Stan Weinstein, and Marty Zweig. I
started trading actively and unfortunately
discovered options at that time.