Lessons from the Pros

Mar 19, 2013 Issue

Featured Article

Trading Breakouts

I have been in the trading business for nearly 20 years as a trader, fund manager, and trainer, beginning on the floor of the Chicago Mercantile Exchange. While I feel like I have seen it all, the one thing that still surprises me is how most traders handle breakouts. Most traders seem to let emotion… Read More »

Stocks

Buy the Breakout? I Don’t Think So!

Recently, the news has been covering the fact that the Dow Jones Industrial Average and many individual stocks have been making all-time highs. If you have ever read a book on trading or technical analysis, you will know that the breakout trade is extremely popular. Most retail traders are told to look for breakout opportunities… Read More »

Forex

Well THAT Looks Familiar

Hello traders! It has certainly been an exciting time in the forex market since my last article! Exciting in that some of our Yen pairs (AUDJPY, USDJPY) broke out to new multi-year highs, while the EURJPY and GBPJPY have merely retraced (76% and 62% as of the time of this writing). Each has moved several… Read More »

Options

New All-Time High?

On March 14th, the S&P 500 approached to within a whisker of its all-time highs. A couple of weeks ago it appeared that Implied Volatility (IV) was finally coming up from its multi-year lows. I wrote that it was time to pack up the “ultra-low-volatility strategies” and break out the “just-low-volatility strategies.” But IV has… Read More »

Futures

The Market’s Main Job is to Confound the Majority

Any trader that’s worth his salt will tell you that he thinks differently about the markets than most. This is where he gets his edge against the competition. In other words, good traders tend to be contrarian thinkers. Although anyone can say they’re a contrarian, going against the prevailing herd mentality is not easy, in… Read More »

Real Estate

Property Profile Report, Preliminary Title Report & Title Insurance

There are several things that go along with the process of purchasing real estate, whether it’s for personal or investment purposes. Reviewing a property profile report and title insurance is an important and necessary part of the process. Let me explain what a property profile report is and why it’s important. A property profile report… Read More »

Specialty Skills

In Order to Change Losing Behavior You Must Become Aware of the Cause

His trading account had been hemorrhaging for a long time. In fact, he was perilously close to blowing up another portfolio. On some days Donald would actually be in a trade that was winning but before it was all over he would either exit prematurely out of fear at break even or barely above. Or… Read More »

India Markets

Where Is The Top? – Follow Up

Last month in my article, Where is the Top, I discussed the probability of the markets doing a small correction before making another run at the old 2010 price highs. I wanted to look at the follow through and see how the Nifty and Sensex performed and where they may go in the future. In… Read More »

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