We talk to chief market analyst Neil Wilson, from markets.com. Although Neil has confessed to trading a bit himself, his main passion is providing market commentary to traders out there navigating the financial markets.
Neil has appeared on TV and radio, as well as running a podcast on all things to do with the market. Read how he got started, what drives him to provide meaningful analysis and the best advice for getting into his world...
Being plugged in all the time is just part of the job.Neil Wilson
1. Can you remember when and why you got into breaking down and deciphering the markets?
I started around 2010/11 covering markets and writing insights on behalf of, among others, Saxo Bank and City Index.
2. Being Chief Market Analyst at markets.com, do you constantly have to be ‘plugged’ in to the markets at all hours? How do you fit your life around the job?
Being plugged in all the time is just part of the job. You have to ignore it when you can but it’s true that you quickly lose track of things if you’re away from it all for more than a few hours.
3. What motivates you to constantly work on improving your market analysis and enjoy what you’re doing?
I think it’s very important to offer value for clients, and when you get feedback it helps motivate you. Interacting directly with clients is very motivational.
4. I’m presuming that you’ve come up against failure in the past. Do you have an approach on getting past these failures and has this evolved?
Just learning from mistakes and when you get things wrong, try to figure out why and apply that without beating yourself about it.
5. What would you put your success down to? Luck, your intellect and smarts or just consistent hard work? Or possibly a combination?
Luck. It’s better to be lucky than good.
6. What do you think sets you apart from others who provide commentary & analysis on the financial market?
I think there are so many great analysts out there who offer great insight, but I feel my journalistic background helps me communicate ideas and I have a focus that is quite broad.
7. Do you have any advice for those wanting to get into your world of market analysis?
Read and read and read!
8. Do you set yourself goals? And do you feel that it is a good way to achieve what you want?
Not really, I should.
9. Knowing what you know now and how you got to where you are today. Is there anything you would like to have done differently, maybe done something earlier in life (or later) etc.
I got into it immediately after University, rather than waiting a few years.
10. You’re currently the Chief Market Analyst at Markets.com. Could you please elaborate on your role and tell us what you find most interesting about your work?
I divide my time between writing commentary and analysis for clients and handling a lot of the content related aspects of the business. I also give regular interviews on TV and radio on market and general business topics.
We also do a weekly podcast – Markets Talk – which gets the most amazing guests and is incredibly well received and is building followers. Shortly I will be focusing more time on our video/webinar streaming service for clients.
11. You appear on BBC News to provide insight into various market moves and/or companies etc. Was this something you aspired to do or did it just occur naturally through your role?
My last boss gently nudged me towards it and now it’s just natural to do it.
12. How do you manage to keep on top of all the stats, market movements, company and economic news, does it ever get overwhelming? What do you do to unwind from it all?
You have to accept that you won’t stay on top of it all... and two young children ensure I don’t have much to think about the markets away from the office.
13. Markets.com is sponsoring the next Round The Clock Trader Live event in London on 23rd March 2019. Can you tell us more about the event?
I’ll be speaking, providing a macro outlook and will be moderating a debate. It’s a great event and a chance to rub shoulders with some really interesting traders and analysts.