When Mark Steward Young, publisher of the Wall Street Sentiment Newsletters and founder of Traders-Talk.com garnered the honor of being named 2017 Timer of the Year, it was less by good fortune and more by dint of many, many years of experience in financial markets. Even as a child, Mark learned to read the now antiquated ticker-tape. By the time Mr. Young was studying Economics at Northwestern University, he was also trading his own account; first stocks, then options, and then index
options. After a summer of active options trading ballooned Mr. Young’s low five-figure trading account into respectable six-figure fund, his fate was sealed.
During his time trading in school, Mr. Young studied the work of his father’s close friend, the legendary Sedge Coppock, as well as such luminaries as Stan Weinstein, Ben Garside, Peter Eliades, and others, in a search for consistent trading results. After graduation, Mr. Young became a stock broker with Legg Mason, where he learned the utility—and limitations—of value investing.
After the Crash of 1987, the shortcomings of fundamental analysis became clear, and his skills with technical analysis and market timing began opening doors. In 1991, he became a registered investment advisor and started his own firm. In addition to managing money for clients, Mr. Young would occasionally share his unique market analysis with his friends and colleagues in the industry. When a fellow professional money manager offered him a substantial sum to provide this analysis on a regular basis, a new business wing was added; independent research.
In the early 1990’s, as online opportunities became evident to many forward-thinking traders and investors, Mr. Young became a prominent online contributor and commentator, which provided him a unique opportunity to track and study investor psychology, a very promising addition to his technical
analysis.
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