Featured Article

Predicting Price Movement

“So often in the trading and investing world I hear people talk about where price is likely to turn next, where is the next key supply or demand level, where is the next big turning point and so on. The question I hardly ever hear anyone asking is, “Where is the next big profit zone?”…” Read More »

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Stocks

That Figures Part 3 – Using Point and Figure Charts to Stay in the Trend

“When technicians chart using point & figure charts, they are doing so to identify and stay in longer trends. We do not want to be shaken out too early on a trade that could have yielded much more profit. Therefore, we would want to make our signals less sensitive so we have fewer of them…” Read More »

Forex

How Practical Are Candlestick Patterns?

“As I have stated on numerous occasions in the past, for me one of the most challenging aspects in attaining consistency as a trader or investor in the markets is simply knowing what works and what doesn’t. It takes time and practice to develop a solid trading plan for your short term income and long…” Read More »

Options

Options – Looking for Trades in All the Right Places

“When looking for opportunities for option trades we need to locate situations where we can profit from at least one of the three option profit centers: underlying price movement, time decay, and implied volatility changes. There are at least two ways we can approach this. 1. We can give priority to the price-movement dimension by…” Read More »

Futures

The Dollar Index – It Makes Sense Until it Closes

“Have you watched the US Dollar Index (USDX) Futures contract trade during the day? Do you notice that with each price change the intervals are always a minimum tick of .005? And then at the end of the day when you look at your daily candle of the USDX you see a closing price like…” Read More »

Real Estate

Pricing a Property Correctly

“It’s funny to me, the stories I hear about how people price a property for sale. “We really need to net this amount.” “Try this price; I don’t want to give it away.” “We can always come down later, but we can never go up.” “We are the best property in the neighborhood so it…” Read More »

Specialty Skills

The Three D’s to Getting Your Trading Back on Track

“Have you ever sailed along in your trading for weeks doing everything right and then one day it happens…a fog descends around you and you lose all touch with reality; and before you know it you’re trading like a wild person smashing rules like cars in a demolition derby?!? And when it’s all over, you…” Read More »