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Are You Struggling With Moving Averages?

The Moving Average… It is a tool that is talked about in almost every trading book that has ever been written. Every day on TV, CNBC, Bloomberg, and others are telling us where the S&P and other key markets are in relation to the 200 day moving average, for example. Every charting package on the Read More »

TAX Article

The Ins and Outs of the Mark To Market Accounting Method

In recent webinars and live events we have conducted, I often get questions about what the Mark to Market (MTM) accounting method (IRC Section 475 (f)) is and how electing MTM can affect your tax liability. A simple explanation would be that MTM is an accounting method that describes how a trader calculates their trading Read More »

REAL ESTATE ARTICLE

Tips on Finding the Value of Your Real Estate

How would you find out the answer to that question? Most of you would ask a real estate professional, and I agree. But think about it, your real estate could be one of your biggest assets. Don’t you think you should know what goes into valuing that asset? Some of the questions you need to Read More »

Featured Article

Importance of Trade Record Keeping

Recently, I had a trader show me his options trades to evaluate and give him some feedback. As we looked through the pages of printed material from his brokerage company, I pointed out to him that his option trades did not have some very essential data: The price of the underlying at the entry and Read More »

Featured Article

Brick by Brick

A common complaint from traders is that they seem to exit from profitable trades too soon. They find that fear grips them and they find they could have made much more money if they had only stayed in the trade longer. In our search for profits, we are often shaken out by the market’s noise. Read More »

Featured Article

Simply Support and Resistance – Part 2: Price Points & Levels

Welcome to the second part of our exploration into the dynamics of pretty much the most basic, yet fundamental and powerful aspects of Technical trading: Support and Resistance. I love talking about this subject and pretty much without fail, whenever I am teaching a new batch of students in the Online Trading Academy worldwide centers, Read More »

Featured Article

The Challenges of Trading Small Futures Accounts

One of the reasons many traders gravitate towards trading Futures is the relatively low start-up cost. For example, it usually requires about $30,000 to open a stock day trading account and you must maintain at least $25,000 to keep your day trading status. The Futures market allows you to open an account for as little Read More »

Featured Article

Judge and Jury

Last week while I was teaching a class, a student asked me how they should know whether or not to take a particular trade. After thinking about it for a minute, I replied, “Think of your trading decision as if you were presenting a case to a jury.” While this was a thought that suddenly Read More »

Featured Article

Reprogramming Yourself for Better Trades

It had happened before, actually many times before. Jim looked on with a feeling that swung like a pendulum between helplessness and anger. He felt helpless because he had violated his rule despite the fact that he had so often said that he wouldn’t. He felt angry because he had let himself down. What happened… Read More »

January 31, 2012