Ahead of The Trend with Eric S. Hadik
Discussing INSIDE Track Trading
April 29, 2006
First introduced to commodity futures in 1979-80, Eric S. Hadik is a trader & analyst who has been intimately involved with the markets for nearly 25 years. His first introduction to technical analysis came through Fibonacci Mathematics and the Elliott Wave Principle and he began trading in 1982.
However, it was not until he discovered the works of W.D. Gann and Gann�s integration of Biblical and natural cycles that Eric knew he had discovered his life’s passion and purpose.
In the early 1980's, after trading his own accounts - while studying the markets and technical analysis for 5 years - Eric moved to Houston, Texas. He began working with a firm that specialized in training top level corporate and individual traders in the field of technical analysis.
He wrote intra-day, daily and weekly technical analysis which was utilized by institutional traders from multi-national oil companies (BP, Enron, Arco, Occidental, Royal-Dutch Shell, SOHIO, Petro-Source, Petro-Diamond,) as well as traders from many mid-size oil refiners and producers.
He soon added similar analysis on the foreign currencies, interest rate markets and stock indices that was used by top-20 banks (Chase Manhattan, Irving Trust) and stock brokerages. Finally, his work incorporated Gold & Silver analysis, which was used by traders at the top option trading firm in Chicago - CRT. He also organized and co-instructed weekend technical trading seminars.
In 1989, Eric relocated to Northern California to work for a Chicago-based FCM providing daily and weekly analysis to precious metals miners, refiners and jewelry manufactures as well as for a major international brokerage. Among the relationships he developed with corporations using his analysis were those with Engelhard, Handy & Harman, Degussa, Amax Gold, Pegasus Gold, and dozens of smaller and mid-size miners in the US and Canada.
From 1990-1994, Eric laid the groundwork for what is now INSIIDE Track Trading, dealing with and advising hundreds of individual and corporate traders while writing articles for diverse publications like Gann & Elliott Wave Magazine, Futures Magazine, Managed Futures Today, Cycles Magazine, The Technician & Trader’s World. Since then, he has also written extensively for Active Trader, Bull & Bear Financial Report and Futures Magazine.
In 1994, Eric founded INSIIDE Track Trading with the expressed goal of teaching & sharing his work with qualified and serious traders, informing & educating investors and ultimately re-entering the field of managed futures.
His work has caught the attention of several editors at Investor’s Business Daily, where he has been frequently quoted. He has also been a recurring guest on the weekly show 'Inside Wall Street' and has been contacted for analysis by editors at Barron's, USA Today and the Wall Street Journal as well as by commentators at CNBC,