Interviewing Sir Chartist: The Wall Street Trader Who Masters the Charts
If you’ve ever wondered what separates the best traders from the rest, you’re about to find out. I sat down with Sir Chartist, a Wall Street legend known for his uncanny ability to read charts like they’re crystal balls. His track record speaks for itself—consistent profits, minimal losses, and a reputation for being one of the most disciplined traders in the game. In this interview, we dive deep into his mindset, strategies, and the lessons he’s learned over decades of trading.
Q: How did you get started in trading?
Sir Chartist: Let’s just say I didn’t start at the top. I started as a broker on Wall Street back in the day. I was a kid with a dream and a knack for numbers that always wanted to be a corporate lawyer. I started trading with a small account , and I lost—a lot. But every loss taught me something. I realized early on that this isn’t a game of luck; it’s a game of having a system. And if you want to win, you need to put in the work to develop a system. I spent years studying charts, patterns, and market behavior. I didn’t just want to be good—I wanted to be the best so I was studying not only emotional behavior but, high growth stocks correlated with stock charts.
Q: What’s your edge in the market?
Sir Chartist: My edge is simple: I follow the charts. I don’t care about the news, the rumors, or what some analyst on TV is saying. The charts tell me everything I need to know. They show me where the money is flowing, where the support and resistance levels are, and where the trends are forming. I don’t predict the market—I react to it. It is worth saying it again. I do not predict the market. I REACT TO IT.I have an easy screener I follow, I call it the C.A.S.H. Trading System which has been affective for me throughout the years.I am going to be releasing that framework soon actually at LussosNews.com.
Q: How do you handle losses?
Sir Chartist: Losses are part of the game. If you can’t handle losing, you shouldn’t be trading. The key is to keep your losses small and your winners big. I have a rule: I never risk more than 3% of my capital on any single trade. And if a trade goes against me, I’m out. No hesitation, no second-guessing. You can’t let a losing trade turn into a disaster. Cut it fast, and move on. Losses to me are only considered a loss if it goes against my system. Just because I take a loss on a trade, doesn’t mean it’s a loss if it is within my system. You never want to go against your system. I am very analytical with my risk factors.
Q: What’s the most important lesson you’ve learned as a trader?
Sir Chartist: Discipline. Without it, you’re dead in the water. I’ve seen traders with all the talent in the world blow up their accounts because they couldn’t stick to their plan or they wanted to be right rather than make money. You need a system, and you need to follow it—no matter what. The market will test you. It will tempt you to break your rules. But if you want to survive, you have to stay disciplined. That’s the difference between winners and losers.
Q: How do you manage risk?
Sir Chartist: Risk management isn’t just important—it’s everything. I always know my risk before I enter a trade. I know where my stop-loss is, and I know how much I’m willing to lose. And I never, ever deviate from that. You can’t control the market, but you can control how much you’re willing to risk. If you don’t manage your risk, you’re just gambling. And I don’t gamble.
Q: What’s your advice for new traders?
Sir Chartist: Don’t rush it. This isn’t a get-rich-quick scheme. It takes time to learn the market, develop a system, and build the discipline you need to succeed. Start small, focus on learning, and don’t be afraid to make mistakes. But most importantly, treat this like a business. Have a plan, manage your risk, and always stay focused on the long game. If you do that, you’ll be ahead of 90% of the people out there. Don’t worry about being right, worry about following your system. I seen too many traders focus on being right that they keep adding to their losses and not taking a loss because they are more focused on being right to satisfy their ego rather than following their system and cutting losses and moving on.
Q: What’s the biggest mistake you see traders make?
Sir Chartist: Ego. Too many traders think they’re smarter than the market. They take big risks, ignore their stop-losses, and hold onto losing trades because they don’t want to admit they’re wrong. Newsflash: the market doesn’t care about your ego. It will humble you faster than you can say “margin call.” The best traders are the ones who stay humble, stick to their rules, and focus on making money—not being right.
Final Thoughts from Sir Chartist
Trading isn’t for everyone. It’s hard, it’s stressful, and it requires a level of discipline that most people don’t have. But if you’re willing to put in the work, stay humble, and stick to your rules, it can be one of the most rewarding things you’ll ever do. Remember, the market doesn’t owe you anything. You have to earn it. So, do the work, stay disciplined, and never stop learning. That’s how you win.
There you have it—straight from the mind of Sir Chartist. If you’re serious about trading, take his comments to heart. Because in this game, the difference between winning and losing isn’t luck—it’s discipline, strategy, and the willingness to do whatever it takes to come out on top. Now go out there and make it happen.