Lessons from the Pros

Nov 10, 2015 Issue

Featured Article

Buy and Sell Stocks With Confidence No Matter the News

As I have written about so many times, the movement of price in any and all free markets is simply a function of an ongoing supply and demand equation. Trading opportunity exists when this simple and straight forward equation is “out of balance.” Meaning, prices turn at price levels where supply and demand are most… Read More »

Stocks

Successful Trading Can Be Taught

There are several great (and a few not so great) movies about trading. One of my favorite ones is a classic called “Trading Places.” For those of you who may not be familiar with the film, it stars Dan Aykroyd and Eddie Murphy. Aykroyd plays Louis, an accomplished manager of a commodities brokerage in Philadelphia… Read More »

Forex

Trading Risk Management Strategies, Part 2

Hello traders! In my last newsletter, we discussed a couple of the basic rules of risk management for traders that included how to take profits when trading with or against the trend, and also how to limit your trades throughout the day or week. This week we will add a couple of more rules to… Read More »

Futures

Options as a Contrarian Indicator

An astute trader understands two basic, but very important, tenets of free markets. The first one is that for a buy order to fill there has to be a sell order to match it. This implies that there’s always two perceived ideas of were the price of any instrument is likely to go next. The… Read More »

Specialty Skills

Trading Communities Help Build Successful Traders – Part II

In Part I, we established the importance and extensive utility of being a member of a trading community such as a mastermind group. There are many reasons why they are so helpful and supportive to your trading success. Let’s review some of those reasons. A mastermind group helps to foster a common sense of direction, objectives… Read More »