Lessons from the Pros

Jun 18, 2013 Issue

Featured Article

The Bear Behind the “Goldilocks Market” and “Goldilocks Job Report”

On Friday June 7, the U.S. unemployment rate rose from 7.5% to 7.6%. The DJIA responded by jumping 207 points, its second best day of the year. Analysts attributed the result to a “Goldilocks” situation in which the job number was “just right”—not too cool to suggest a slowing economy, yet not so hot the Read More »

Featured Article

Profitable Trading

Walmart, Tesco, Costco, Sam’s Club, just to name a few. These are some of the biggest retailers in the world, huge operations that make fortunes in revenue. How do they do it? What is their big secret? Simple: at the end of the day, they have mastered the art of buying at wholesale prices and… Read More »

Stocks

Managing Risk With All-Time Highs

Before I start with the new topic for this week, I need to make a correction on last week’s article. In the Surfing for Dividends article, I mentioned that the trader or investor who bought the shares on the Ex-Div date would receive the dividend. This was incorrect. You would have to have purchased the… Read More »

Forex

What Do I Want and What Do I Need?

“Consistent trading is simple not easy.” Those are the words that I find myself telling people when they first enter the world of market speculation. While we all long for a way to achieve our short term income and long term wealth goals and see trading as the way to do it, most forget that… Read More »

Options

When is a Bullish Spread Not a Bullish Trade?

Many bullish option positions are purely directional. When we buy Call options, we win if the price of the underlying goes up; otherwise, we lose. There are many types of elaborations on the simple purchase of Calls. I described some of them last week, including the Vertical, Horizontal, and Diagonal spreads; the Butterfly; and the… Read More »

Real Estate

“Deed-In-Lieu” of Foreclosure and Other Things

This is my 200th article for LFTP (Lessons from the Pros). Sometimes it’s hard for me to believe that week in and week out there is so much news and so many strategies to share about real estate. I really appreciate having the opportunity to share what’s going on with all of you. I love… Read More »

Specialty Skills

Stress Can Crumple Your Trading

Roxanne couldn’t believe what was happening. Actually, the trade began on a positive note…so she thought. She had seen what she surmised was a price pattern, an ascending triangle, which looked to hit the top of the resistance line several times and the bottom trend line was about to touch. She heard herself say, “This… Read More »

India Markets

Point and Figure

A student recently emailed me and asked if there was a way to use Point and Figure charting with Online Trading Academy’s core strategy. I decided to take this week’s article to explain that charting style and how we can use it. Long before we had computers to chart price, traders were making a living… Read More »