Women in Trading: Kim Krompass
Could you tell me a bit about how you began trading – and what interested you about it in the first place?
I am a California CPA and I owned a very successful high level CPA recruiting business from 1996 to 2001. I retired early from the company and from practicing as a CPA in 2001. I was too young to sit around. I have always been interested in the markets since I began practising as a CPA, but I never took the time to learn about them until 2001. I started trading stocks, then options and on to commodities. I eventually heard about forex in 2004 and ever since then that is where I focused my time and efforts.
What made you decide to start the Price Action Traders Institute?
I was different from 99% of the forex traders out there who believed the only way to make money was to trade the London session. Living in California meant I would have to either stay up all night or go to sleep while the sun was up and wake up 30 minutes before midnight and work through the night. I did it for a couple of years and it really took a toll on my health and my relationships.
I decided I had to figure out how to trade the NY session to get my health and my life back on track. And I did. I started teaching my own course/strategy for other forex traders called, “How to Trade the NY Session”. It all came to a head for me when I worked with three guys who had zero integrity or ethics (something I noticed was common in the online forex world). I
no longer wanted to be associated with them and I left…