Lessons from the Pros

May 7, 2013 Issue

Featured Article

Properly Thinking The Forex Markets

One of the main problems new traders have when they begin their journey down the education path to self empowerment is that they skip the most important first step: how to properly “think” money and markets. Many of my articles deal with thinking the trading side of the equation, everything from the mechanics of when… Read More »

Stocks

The Noise is Loud Lately

If you have been watching the financial news on television, radio, or the internet lately, you have been bombarded with various opinions on where the markets may be headed. This is normal, but as we are making new highs on the indexes, it seems that the noise of the news is becoming deafening! At times… Read More »

Forex

How Much Is That Trip Really Costing Me?

This week I arrived back in London after a two-week teaching trip to the Philadelphia campus. I decided to pop into the London Campus to catch up with the team based there. I joined them halfway through the Professional Forex Trader class, which was being taught buy a former student of mine and now a… Read More »

Options

Double Verticals – Part 3

I’ve been talking about a Double Vertical spread in the last two weeks’ articles, which you can read here and here. Today I’ll wrap up that example with some observations about how its behavior changes as expiration approaches. Understanding these changes will help us to “know when to hold ‘em and know when to fold… Read More »

Specialty Skills

The Power of Thoughts

Tracy had been losing now for what seemed to be forever, and he felt it. Not just in his emotions, where he experienced anger, fear, anxiety, heavy self-doubt and constant worry, but he also felt it in his body. He had developed one digestive ailment after another. Additionally, he was living with constant pain in… Read More »

India Markets

Community

People often ask me, “If you are such a great trader, why do you spend your time teaching?” I am not surprised by receiving this question, as I would and did ask the same of my instructors when I attended the Professional Trader Course over 14 years ago. The simplest answer that I can offer… Read More »