Lessons from the Pros

Jun 24, 2014 Issue

Featured Article two types of online trading gaps

Two Trade Market Gaps That Matter

Why do I make gaps such an important part of the XLT program? Simple, 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 can’t spot the novice trader who buys at retail prices and… Read More »

Stocks

Stay in the Trade Longer – Point and Figure Charting

Long before we had computers to chart price, traders were making a living and doing it by watching price movement. One of the earliest types of charts was called point and figure charting (P&F). It started from traders who would tick off prices as they watched the trading. Eventually the ticks changed to X’s and Read More »

Forex

A Daily Trading Routine

Hello traders! In a previous Lessons From the Pros newsletter I briefly mentioned that I have a written out trading routine, a “to do” list if you will. Because of the numerous requests for this routine, I’ve decided to give out this list, edited a bit for reasons you will read later. First of all, Read More »

Options

Options – Anchors and Offsets Part 3

In some recent articles, I’ve talked about the idea of anchors and offsets in options strategies. This ability to add precisely-metered offsetting positions to fine-tune a strategy is unique to options. Doing it correctly is part art and part science. Choosing the right combinations from the nearly unlimited array of possibilities is what we teach in our options course. Read More »

Futures

The Futures Markets Closed Early Today

Now that summer is officially underway here in the United States after a very long winter for most of us, our minds will begin to turn to vacations. During the winter months it seems the markets have participants who are giving their full undivided attention. The summer months tend to be a little… Read More »

Real Estate

Title Transferring Trickiness

Title is one of those things that is both simple and complicated. Title is simply defined as: The recognition of ownership. Where it starts to get complicated is the various kinds of title and how title can be transferred. There are several ways title can be held. Take a look at couple of different scenarios… Read More »

Specialty Skills

Creating a Compelling Mindset for your Trade

For many traders around the planet it can seem like their trading is out of control. What I mean by that is when you devise a plan and you’ve entered a trade the price-action may immediately move against you. When the novice experiences this they might immediately think that a loss is eminent and become… Read More »

India Markets

Having the Right Point of View When Trading Part 2

Hello traders! In a previous Lessons From the Pros newsletter I briefly mentioned that I have a written out trading routine, a “to do” list if you will. Because of the numerous requests for this routine, I’ve decided to give out this list, edited a bit for reasons you will read later… Read More »