Brian Lund:
I am an independent trader with over 25 years of experience, a businessman, and principal in a Chicago based broker/dealer. I was born and raised in Southern California where I live with my wife, two children, and no pets. All things being equal, I believe the greatest thing someone can be is a good parent, and I strive to be that every day of my life.
bclund:
I have been writing this blog for 44 years in my mind, and although it is ostensibly about the markets and trading, in a practical sense, it is really about life in general. Trading and life are abstract concepts, and I try to marry the two through a narrative that makes them both more relatable.
From time to time I will stray from the markets and try to write about things that I hope my readers will find interesting or informative.
There are unconfirmed rumors that this blog may make you laugh, cry, or even think, but hopefully it won’t bore you.
I believe in being as honest as possible in my writing (as well as my life), to the exclusion only of things that may unnecessarily hurt someone.
Contact:
I am available for speaking engagements, as well as guest posts and articles. Please email me at bclundBlog@gmail.com.
Hi bclund
Thanks for the enlightening article on Trader 1.
I have had some misfortune recently, I dont blame markets but blame myself for that. I could have come out on top but was too complacent. I am trying to re-organize myself. I recently saw your video you posted on Nasdaq 100. It has some good tips for a novice like me. Just wondering what trading platform you generally use? Cos I am on a very basic one and it does not have all the features, etc.
Thanks.
Sohail
Glad you liked the post.
I use Interactive Brokers with Button Trader on top of it.
I will be doing a blog post soon on tips for novice traders, so keep an eye out for it.
Thanks for reading Sohail
Hi Brian
I loved your video about DB’s on the stream. I believe I remember you from my earlier days in Zanger’s chat room before it became a Zoo. I am glad I found your blog and twitter stream and look forward to following your work.
Enjoy your weekend
Bruce
Hi Bruce,
Yes that is me, I am still in Dan’s chat room daily.
Thanks for the kind words. Perhaps the video was a bit over the top, but I just get very upset when people mislead others. Especially when it comes to trading where people can really get hurt.
Thanks for checking out my blog.
Hi Brain,
Long time listener, first time caller in a way. Love your episodes in “Trades That Didn’t Suck” Videos. Thank you for doing that. It has helped me greatly. In your videos you often said you put in a buy-stop orders, do put in as market or limit order? And do you use hard stops?
Vinh
Hi Vinh, thanks for the nice words about TTDS videos.
When I put a buy stop in I will usually put a two-tick offset on it, so it is a buy stop limit order.
For stops on open positions, I enter a stop in on Button Trader which is an API that lays over Interactive Brokers. So the stop is hard in the sense that I enter it, but soft in the sense that it is held by BT. This is the best of both worlds I believe because I can have an active stop, but not one sitting on the exchange where it can be hunted. Of course there is always the risk of a connection loss, but in my experience with BT that is negligible.
Thanks for reading.
I look forward to your blogs. I have been musing about East coast vs West Coast as long as I have had a driver’s license. West coasters honk politely a few seconds after the light changes: East coasters lay on the honk the instant the light changes and two seconds later are pushing the car in front of them into the intersection. All the while, the East coaster is thinking why did that car even stop for this light?