Lessons from the Pros

Aug 20, 2013 Issue

Featured Article

The Novice and Pro Gap

Novice gaps are the ultimate picture of novice greed in the market. Why do I make gaps such an important part of the XLT program? Simple, because gaps are the most obvious way to spot a novice market speculator, which is exactly who you want on the other side of your trade. Remember, if you… Read More »

Stocks

Expect The Unexpected

Last week, I was on a motorcycle tour of the Alps for my birthday. I am an experienced rider with many miles and yes, a few crashes under my belt. While riding in Northern Italy, I was struck by an angry driver who in a fit of road rage, decided to use his vehicle as… Read More »

Forex

There Has Been a Change of Plan

Hello traders! In this week’s Lessons From the Pros article I’d like to talk a bit about trade plans, and also how mine has personally changed over the last few months. First of all, what is a trade plan? Well, it depends on who you ask. I define it as everything I plan on doing… Read More »

Options

Finding Option Opportunities With Low Volatility – Part 2

In last week’s article, which you can read here, I started an example of a low-volatility option opportunity. Low volatility is just another term for cheap options. We like to buy things cheap. This week we’ll wrap up that example. I listed the steps in the process of identifying low-volatility opportunities earlier. Last week we… Read More »

Futures

Exploring The Grain Markets

My first exposure to the grain markets came in 1994 as a rookie commodities broker. It was the weekend of the Masters tournament, and as I watched the rain start to pour down on the players I got a frantic call from my boss telling me to brace myself for Monday: the grains were called… Read More »

Real Estate

A Step-by-Step Process to Quick Turning Profits

Nice title, if only it was that easy. I’m one of those people who believes in lists and step-by-step instructions. I have been an active investor in real estate for over 20 years, as well as a producer of educational materials and seminars, a columnist, an instructor and expert on real estate. I’ve found that… Read More »

Specialty Skills

Change Happens All the Time Unless It’s Your Trading?

Change is ubiquitous, it’s all over the place and it happens all the time. The weather, the news, the markets, fashion, etc. are all changing. And there is a saying, the more things change the more they stay the same. When you think about your trading, the second saying is probably much more applicable. I’d… Read More »

India Markets

Market Review

The Nifty has been slumping recently and I have been asked by many students where I think it will be headed. I have decided to turn to the price charts of the Nifty itself since the answers to where price is headed are usually on the charts themselves. Students of Online Trading Academy know… Read More »

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