Making a Living Trading Through Failures & Success – Market Timer Fari Hamzei Interview PT.2

Part 2: Failure & Success

Fari HamzeiPart 2: Continuing the interview discussion with Fari Hamzei, talking about failure and success in trading. Possibly the most valuable part of this interview series. Speaking from experience, Fari gives line after line of great advice in understanding how one must approach the market with care, have the right expectations, and dealing with disaster. As someone who's made it as a trader, Fari recounts the long and tough road of success and how he is different now: early success in the 80's, blowing up a few accounts in the 90's, trading the big S&P contracts at $500 per point through the phone, and finally finding comfort in 2003-2005 after the dot-com debacle.

Exclusive interview conversation with market timer Fari Hamzei, Founder of HamzeiAnalytics.com and author of "Master Traders". Mr. Hamzei's work and frequent educational webinars can be found at http://hamzeianalytics.com and his blog http://hamzeianalytics.net

In this exclusive interview miniseries, Fari Hamzei discloses valuable wisdom and experiences though 20+ years of involvement in the markets trading stocks, options, and futures. Sharing in an honest and humble manner, Fari talks about his own tough journey and many others he's seen succeed and fail. Fari explains the changes over time within yourself and your understanding of the markets, and the need to survive in the markets in order to succeed.

Part 1: Evolution of The Three Gurus market educational events
Part 2: Failure & Success
Part 3: On Quant Trading
Part 4: Trading Size

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About Fari Hamzei

Fari Hamzei is frequently quoted by CNBC, Bloomberg, Fox Business and RealMoney. His book, Master Traders: Strategies for Superior Returns from Today’s Top Traders, published by John Wiley & Sons in October 2006, has already become a bestseller on Amazon trading books space. On January 29th, 2007, Timer Digest ranked Fari tied for THIRD place for the past THREE YEARS in its "Timer of the Year Competition. As of January 18, 2008, Fari is ranked 2nd for the last 90 days and 6th for the last 6 months by Timer Digest.
Fari is a graduate of Princeton University with a BSE degree in financial engineering and studied equity & debt derivatives under financial pioneers Jack Shelton, Ed Thorp, Richard Roll and Bob Geske at the UCLA Anderson Graduate School of Management. He was a director of strategic planning at Northrop Grumman Corporation's Aircraft Group and served for eleven years on the Board of Directors of Electronic Clearing House (ECHO).
Hamzei Analytics LLC is in its twelfth year of operations and serves both the professional and institutional traders, while providing custom proprietary analytics to a select group of hedge fund managers.

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Market Merchandise: Bond, Stock Index Futures (aka Equity Index Futures), Stock Options, Futures, Options, Stock,
Players: Trader,
Styles: Trading, Scalping, Day Trading,
Strategies: Volatility Arbitrage, Statistical Arbitrage, Event-Driven, Directional,

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