Lessons from the Pros

Oct 7, 2014 Issue

Featured Article how to drive trading

Do You Know How To Drive?

I was in Dubai UAE a while back and as usual, while sitting outside having lunch in Jumierha Beach, I noticed all the fancy cars driving by. There were Ferraris, Lamborghini’s, and even a McLaren which you don’t see too often. One of the Ferrari’s stood out to me. Not because of the car itself… Read More »

Stocks

Candle Powering Your Trading Success

I have been wondering what hammer candles really mean. It occurred to me it might be a good subject for one of the newsletter articles. What is really happening with the buyers and sellers with those candles? I think the long wick means emotion. So when we are coming down a drop with red candles… Read More »

Forex

The Referendum Question: Dealing With Forex News

As a London born Englishman and a proud member of the United Kingdom, the announcement of Scotland’s referendum got my attention from the very start. Even though I have lived most of my life in and around London, I have grown to appreciate my country more and more over the years and enjoy nothing more… Read More »

Options

Put Profit and Loss Rollercoaster Ride

At the end of each article, I invite you to contact me with questions or comments, and many of you do just that. From time to time I devote a column to answering some of those here that I think will be of general interest, so here we go:Stock Prices and Short Put… Read More »

Futures

Is the Stock Market on a Slippery Slope?

We have all been watching this Stock market Bull run since the 2009 lows were in place. And of course that means many pundits have been trying to pick when it will end. Unfortunately for them and great for us, they have been wrong as usual. Oh, why is it good for us? If they are… Read More »

Real Estate

Real Estate Industry Acronyms and Terms Cheat Sheet

When you are immersed in an industry for a long time, the use of industry terms and acronyms comes very natural. Often this familiarity with the nomenclature can make a newbie intimidated. Here is a little cheat sheet for you to keep to help eliminate that issue with some of the most common real estate…. Read More »

Specialty Skills

Where Are You Placing Your Attention In The Trade?

Attention is a critical part of your ability to follow through. In other words are you consumed by all that happened in the last month, day, or hour; kvetching over all the mistakes and allowing those thoughts to distract you mentally and/or emotionally? Or, are you anxious and fearful of what “could” happen in the ensuing hours, days or months in your trades and again finding yourself taking your eyes off the proverbial ball… Read More »