Lessons from the Pros

Sep 16, 2014 Issue

Featured Article Seiden Chart

Learn To Spot The Institutions’ Sleight Of Hand

I will never forget the first time I saw David Copperfield, live in Las Vegas. I actually sat in the front row, near the middle. While I was excited to see him perform, like everyone else, I wanted to really figure out “how he did it.” I was so confident that with my great seats… Read More »


Hit Your Trading Out Of the Park

Most baseball fans know that Barry Bonds currently holds the record for most home runs hit during a professional career. But are you aware that he also ranks 46th overall in strikeouts as well? His 1539 strikeouts are more than double the 762 times he hit one out of the park! We all want the… Read More »


The New Trader’s Journey, Continued

Hello traders! A few weeks ago I introduced you to a long term friend of mine named Paul, who lost his job and wanted to learn to trade to replace his income. The first installment of his journey can be found here. Paul’s highs and lows have continued since that last article was written… Read More »


Picturing Option Profits – Part 4

Today continues the series of articles about using option payoff diagrams. Here are the links to Part 1, Part 2, and Part 3, in which I’ve been describing their use. Our example so far has been about a covered call position on the stock of Apple, Inc. It involved a stock purchase at $102.39… Read More »


Open Interest – For Traders Who Like to Stay Over

Open Interest is an indicator that calculates the number of Futures contracts that have been entered into, but have not yet been offset or delivered against. As a day trader you may enter the market with a purchase of a Futures contract. To offset your position you simply need to sell this same Futures contract … Read More »

Real Estate

Real Estate Auctions Pros and Cons

Many people think an auction is the most accurate way to determine the true value of a property. But auctions have a lot of different dynamics many people don’t know about. One of them is something called a shill bid. A shill bid: when the seller (or auction company) has a third party bid on… Read More »

Specialty Skills

Make Sure You Aren’t Sabotaging Yourself

Have you ever become confused in a trade? Most traders have at one time or another, even the pros. It can result from trading at cross purposes. In other words, part of you wanted to take an identified set-up and that part felt centered, grounded and focused on the things that mattered; and, the other… Read More »

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