Trader Profile: Mike Toma

02/05/2009 12:01 am EST

Focus: FOREX

Tim Bourquin

Co-Founder, The Traders Expo and The Futures & Forex Expo

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Trader Mike Toma discusses how he uses a simple spreadsheet to measure the success of his trading setups and promotes or dumps them based on specific numbers. Mike Toma started out trading during the "SOES Bandits" era before and during the .com craze. He then stepped away from trading and returned a few years ago to trade full-time. Here, we talk about his ten trading setups and how he uses them and tracks their success to gauge how well he is doing in the markets. We also talk about how he developed his confidence as a trader and the things he feels are most important aspects of his trading success.