I was wrong about the euro/dollar

No trader gets it right every time. But by following his risk-management rules to the letter, John C Burford's not been left out of pocket.

As an escape from the markets, I have been watching a little of the Winter Olympics. And I've been very impressed by the skaters in the pairs figure-skating. I couldn't help noticing that whenever a skater had missed their jump and fallen onto the ice, they got right back up and continued their routine seemingly unfazed.

Unless you had seen their fall, it was nearly impossible to tell from their performance that they had lost valuable points.

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John is is a British-born lapsed PhD physicist, who previously worked for Nasa on the Mars exploration team. He is a former commodity trading advisor with the US Commodities Futures Trading Commission, and worked in a boutique futures house in California in the 1980s.

 

He was a partner in one of the first futures newsletter advisory services, based in Washington DC, specialising in pork bellies and currencies. John is primarily a chart-reading trader, having cut his trading teeth in the days before PCs.

 

As well as his work in the financial world, he has launched, run and sold several 'real' businesses producing 'real' products.