Lessons from the Pros

Nov 6, 2012 Issue

Featured Article

Is It a Duck or a Lobster? Part 2

If it looks like a duck, walks like a duck, quacks like a duck, smells like a duck…it’s probably not a lobster. No matter what the leading research analyst on ducks and lobsters says. Even if someone wins a Nobel Prize because they have determined that a duck is actually a lobster based on a… Read More »


Election Results

A common question that I have been asked recently is what I think will happen to the US equity markets after the presidential election results are out. I happen to have a “crystal ball,” i.e. the Stock Trader’s Almanac to assist me. Before I dive into this topic, I want to remind you that regardless… Read More »


Are You Playing an Emotional or an Objective Game?

The title of this article is a big question which I ask practically every student I have ever worked with. I guess I even ask myself the same thing from time to time, even though I have been trading the markets for a pretty long time now. We are all human, thus we are not… Read More »


Options and Hedges

In a couple of previous articles, I mentioned the role of Market Makers in the options market. These people make the market possible by standing ready to buy or sell options at any time. Of course, they’re not doing this as a public service. They make money at it (although not as much as they… Read More »


Just When You Thought You Knew It All…

As a Futures trader we must stay on top of events that are affecting our markets. While instructing classes for Online Trading Academy I always make it perfectly clear that nobody ever knows everything about trading. Unlike some careers where you get a higher education and then sit in a corner office and… Read More »

Real Estate

The Election is Here and Housing is Playing a Key Role (Part 2)

In Part 2 we will look at how the 3.8% Medicare surtax from “Obamacare” and elimination of the mortgage interest deduction could affect today’s election. Before I get into those topics, I want to share a revenue producing idea for the government. I recently found out that in Australia, if you don’t vote you are… Read More »

Specialty Skills

Accountability…A Must For Trading Success

Richard heaved a heavy sigh. He was thoroughly perplexed, confused, frustrated and dejected as he struggled to understand why the stock he was trading had taken a dive in the late afternoon. The Earnings Report had good news and what’s more, the Bloomberg analyst had noted that it should rise. Well, it did, just before it… Read More »

India Markets

Bounce or Break

If you have been reading Lessons from the Pros for any time now, or if you have graduated from an Online Trading Academy course, you know that to execute trades, we rely on supply and demand levels. The biggest question that most traders face when determining whether or not to enter a trade is whether… Read More »

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