Continuing to tell you about the life and achievements of outstanding individuals, let's talk today about John Bollinger, famous president and founder of Bollinger Capital Management, which specializes in investment management and provides services for the management of their own business analysis for large corporations, pension funds and trusts.
John Bollinger was born in 1950 in the U.S.. His family was not rich, so small his father John had a penny for three jobs in order to feed his family. Bollinger's mother did not work and was a housewife, she is very fond of flowers, and many of them knew. So sometimes she was invited to a more prosperous neighbors to work in the garden. John's father is often out of town in search of better jobs. Sometimes, indeed, he brought a lot of money, but most of his employers pay in food, clothing and other items. The mother of the boy often left alone, but when the father came back, the boy loved to run up to him and shouts of joy, throw dad's neck.
When John was six years old, his father brought home in a strange book that instead of pictures were bright and beautiful table with a scale. This is not exactly a new edition was presented with a stock trader father Bollinger. Even then, at such a young age book strongly interested inquisitive boy. He even could not imagine the police officer, that it is connected with the exchange will be his future career. But to what all went on, because in another coincidence, one of the birthday boy, he was presented with the company's stock exchange Fruhauf. Subsequently, the company went bankrupt and the shares that were held by the boy's mother, fully depreciated.
Soon, John went to school, he took great interest of national cinema. He then went to the American University in the Department of Cinematography, because that's where the mother worked as a good friend of John, who helped the young man to do without much effort.
But, despite his chosen profession, John did not stop to think about wealth and the stock exchange. His thirst for new knowledge was so great that at times he just fell asleep with a book on his favorite desk. However, the money for education is not enough, so the young man had to look for jobs. He found work in the city museum of media owned by a single well-known and successful trader, who would sometimes make a bad break a few little words with his salaried employee.
On your last year of college, John already has sufficient knowledge in the field of trading, so I decided to try it out in practice. At first he did not succeed, because, as John could not find the right system for investment analysis. At this point, the idea of Bollinger-fix - to come up and develop their own system for the analysis and settlement of investment.
Long thinking and analyzing all the "pros" and "cons", a young trader still has his and came up streamlined and efficient analysis. This scheme is a specific combination of fundamental and technical analysis of the relative environment. A key instrument for the analysis were invented so-called Bollinger band . Interestingly, in their stream inventor John joined such well-known indicators such as volume, time, standard deviation, open interest, etc.
In turn, the belt or the bars located above the strip along the curve of the moving average. In this tape at the top of the tape showing the average and two standard deviations. Feed, located in the middle - displays 20-periodicity moving line. In addition, the tape of the bottom, is - two standard deviations.
Later, John had to try out, first on their own experience, this theory, and then he told me about her and other traders. In this case, John warned that they invented the indicator is able to provide 100% accurate data on the validity of buy and sell signals based on price touching the edges of the tape to the most. However, he assured that the band can limit the space for further research that could be done with the help of other additional indicators.
John later wrote the book "Bollinger on Bollinger (bands) Bollinger," where the details will tell you how to use his theory about what additional indicators can be used, for example, RSI , Money Flow , MACD . Contrary to the pessimistic assumptions of John, his theory worked and applying it, he managed to earn a lot of money. After the overwhelming success of this, he was invited to work in television. Local TV Financial News Network used John as an analyst. In this case, the transfer itself Bollinger did not lead, this was done by professional voice talent. He only prepared the analytical data for the ether.
But once, by coincidence, the announcer transfer did not come to work, it was replaced by none, and therefore had to transfer to John. During the broadcast, John repeatedly messed with excitement and blushed, but gained invaluable experience in dealing with the public, who would later help him during various training sessions. At one of those meetings, John Bollinger met his future wife, who later gave two daughters. The family moved without end until it stops in one place. John was able to buy a house, where he settled with his close-knit family.
Returning to the TV show, it should be noted that at present the Bollinger periodically comes on TV and playing on the channel CNBC. And that TV has become the point of departure of its advertising campaign, developed in support of the book released. Also created a website where each user can see the lists of stocks that fit the parameters of the theory of John.
Today, John is a successful analyst, businessman and a good person that has something to pass on to their children and grandchildren.