Lessons from the Pros

Feb 21, 2012 Issue

Featured Article

The Early Bird Catches the Turn

One of the best ways to trade with low risk and higher probability is to anticipate when price will change in direction. To people that have some knowledge of the technical aspects of the market, telling them that it’s possible to pick a top or bottom in the market is almost heretical. This notion flies Read More »

OPTIONS ARTICLE

Options = Choice

Options are nothing else but a choice. Recently, I received an e-mail from a student that took our Options Trader course at our Stamford, CT center. They were faced with a delicate dilemma. They had the choice of either trading options on an underlying that had come up to resistance, or simply shorting the physical Read More »

Featured Article

Wouldn’t it be Great?

Hello traders! Every once in a while, we get a week or series of days where the trading seems almost TOO easy. Last week was one of those weeks. Taking a look at the supply and demand zones on the EURUSD chart, is there any wonder that people were very happy when trading? At the Read More »

Featured Article

Long Base, Better Break

If I have learned anything in trading, it is the importance of patience with the markets. We need to be patient before and after we are in an active position in the markets. Eagerness can cause traders to enter into foolish positions or chase price. Both of those actions increase risk of loss. Last week Read More »

Featured Article

Catching the Train

In my teaching trading, I have often found that relating trading to everyday life experiences really helps students grasp the basic concepts they need in order to become successful. Many of the things we do are very similar. In fact, when you really stop and think about it, I do not really… Read More »

Featured Article

Take Charge of Your Retirement Account

In my encounters with traders across the nation, I am constantly asked to talk about retirement plans. “Michael, should I set up a retirement plan? Which plan is better?” My answer is that even traders will retire some day so you should definitely plan your retirement and the best time to start is NOW. So, Read More »

Featured Article

Why Trade Futures?

There are many quality futures markets around the world. We cover and trade most of the big ones at Online Trading Academy, both in our beginner Futures class, the Futures Extended Learning Track (XLT), our graduate online trading room, and the Mastermind Community inside Power Trader Nation. Below are some but not all of the Read More »

Real Estate

Big Banks Paying Big Bucks

As you may have heard, five of the US’ biggest banks (Bank of America, Wells Fargo, JPMorgan Chase, Citigroup and Ally Financial) have settled with the state attorneys general resulting in approximately $25 billion dollars in monetary sanctions and relief. This is the largest financial… Read More »

Specialty Skills

Are You Trading to Win or Trading Not to Lose?

As an answer to the title question, many traders might say that they are trading to win. But, actually you might be surprised to know that most people are trading not to lose when participating in the financial markets… Read More »