Lessons from the Pros

Dec 18, 2012 Issue

Featured Article

The More Things Change, The More They Stay The Same

I remember my days on the trading floor of the Chicago Mercantile Exchange. My job was to facilitate institution order flow. Each day, I would take orders from banks, institutions, money managers, and so on and facilitate the execution of those orders into the various markets. Having the real buy and sell orders from the… Read More »

Stocks

How Far Do I Look?

I like to use this forum to address some common student questions that I hear. In our courses, we teach students how to identify the highest probability zones in which to enter or exit trades. These supply and demand zones need to meet certain criteria to ensure they offer low risk and high probability for… Read More »

Forex

Patience, Discipline and Consistency – All Rolled Into One

By the time you are reading this article, you are probably getting your affairs in order for the upcoming holiday season and looking forward to some quality time this Christmas and New Year with the family and good friends. As always at this time in the calendar, I like to unwind too and relax as… Read More »

Options

Zeroing In On a Strategy

As I wrote last week, the three things that change option prices are: underlying price change, the passage of time, and changing implied volatility. We have to bet on at least one of them, and be right, to make money. Betting on time passing alone won’t do it. There is no risk that time will… Read More »

Commodities

Before You Dive In, Check The Depth First

I remember a vacation in Aruba where the water was a beautiful turquoise color and you could see the bottom of the ocean, even when the water was twenty feet deep. Diving into water like this reduces the risk of an injury because you can see the ocean bottom. If this were the markets, I… Read More »

Real Estate

What Are the New Trends in Homes That Are Attractive to Buyers?

We are seeing properties move fast. I heard on the radio yesterday that this is the fastest moving market since 2006. What are the trends that buyers are looking for and what must you do to make your property sell? The amenities that buyers want these days are changing. Here are a few that the… Read More »

Specialty Skills

Visualization Can Greatly Help Your Trading

“It just made good sense!” He heard himself say emphatically. The trading classes Ken had taken were a sound investment, giving him the market knowledge he needed to identify prudent supply and demand zone strategies. Also, Ken had realized early on the importance of having a macro trade plan…. Read More »

India Markets

Private: Market Internals

I recently received an email from a student asking about a technical tool I use from time to time to judge strength in the broad markets. This is not a tool to replace my supply and demand analysis, but rather something that can be used to assist me in determining the strength of the trend… Read More »