Lessons from the Pros

Dec 11, 2012 Issue

Featured Article

You’re Driving a Ferrari, But Have You Learned How To Drive?

I was in Dubai, UAE last week and as usual, while sitting outside having lunch in Jumeirah Beach, I noticed all the fancy cars driving by. There were Ferraris, Lamborghinis, and even a McLaren, which you don’t see too often. One of the Ferraris stood out to me. Not because of the car itself but… Read More »

Stocks

Trend Change Warnings

I had a busy week in the Extended Learning Track (XLT) for Stocks last week. We had some great trading sessions, but where I think students benefited the most was in Tuesday’s Student Trade Review. This session is an opportunity for XLT students to submit trades they have taken or were considering taking for review… Read More »

Forex

Bored and Undisciplined

Hello traders! As I sit here writing this article, the weather is beautiful in Texas. It’s about 65 degrees, a mild breeze, with a cold front on the way to take us down to 55. This is December weather I can live with! I decided to take a couple of months off from classroom teaching… Read More »

Options

Edging Towards Profitability

Every successful business must have an edge, a consistent source of profitability. A casino’s edge is the rules of the game, which give them a mathematical advantage. A seller of goods has a way to obtain the goods, and a way to market and sell them at higher prices. In options trading we have some… Read More »

Futures

Is There Any Financial Advice That’s Trustworthy?

In the world of investing and trading there’s certainly no shortage of venues that offer up advice of all types. This advice comes in all forms, some very specific in terms of what and when to buy, while other guidance is more broad-based in its approach. Because many in the general public feel they lack… Read More »

Real Estate

Real Estate Websites: How They Differ

In last week’s article we saw how people are using the Internet to find real estate today. As with so many other aspects of our lives, the Internet is our first (and sometimes only) source of information. But we need to remember that data is only as good as its source. I feel that many… Read More »

Specialty Skills

The Paradox of Trading

I read with intense interest in the OTA community forums a thread that included this question: “Are you caught up in trading and not caught up in making money?” This is a very legitimate question in light of the fact that there is a myriad of traders around the planet who trade and trade… Read More »

India Markets

Market Observations

We are nearing the end of the calendar year and also some supply zones on the major equity indexes. The Nifty and Sensex are making multi year highs and the tone in the markets is bullish. This alone is a warning sign that there may be some year-end retracement or profit taking. Let’s take a… Read More »

Join over 170,000 Lessons from the Pros readers. Get new articles delivered to your inbox weekly.