Paul Rotter (aka the Flipper) shares of his trading experience

Q: Was there any key event that brought you into the game?
A: no, no key event like 'buying my first stock'. took part in some trading contest while at school.

Q: did the bank give you any mentor?
A: not, I didn't have one. in the beginning I was exchanging ideas with the chief trader Ajiasaka, who was constantly profitable. he sometimes even hedged the positions of his boss, when he thought that his boss was wrong. I had many conversations about market psychology, which proved to be very helpful, especially after bad losing days.

Q: how long are you usually in a position?
A: since I do trend plays very seldom and actually scalp the market, i constantly get fills in different markets on both sides which can cause constantly changing positions for hours. sometimes i change my opinion several times within a couple of minutes, which is not pretty hard for me, since I'm only looking for the next 3-5 ticks.

Q: During your professional career, have you always been a scalper or did you try other strategies (momentum/swing) as well?
A: Yes, I have always been a scalper, but I am adjusting my strategies to different market situations all the time. on volatile days I of course have less orders in the market and do more 'single trades', although I usually hold them only for a couple of seconds.

Junior Trader Ivan Ivanov

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