Lessons from the Pros

Feb 3, 2015 Issue

Featured Article

Win or Lose, It’s Really Ok

“My entire life I have been involved in sports. Ice hockey is for sure my first love, but I enjoy competing in just about any sport. Obviously, when competing in sports, the goal is to win. Everyone says the most important thing is to have fun but let’s face it, losing is not fun. When…” Read More »

Stocks

Feeding the Ducks

“There is a tendency amongst newer and experienced traders to overtrade. There is no set number of trades that any particular trader should be taking. However, if you are not selective with the trades you take, you will take trades that are more likely to fail than become successful. So, what exactly is overtrading? Well, I…” Read More »

Forex

Where Are We in the Big Forex Picture?

“Hello traders! This week’s newsletter will examine some long term charts of some of my favorite currency pairs to offer up a different perspective from what I’ve heard on financial television.
Occasionally a financial professional will come on television and make a prediction on where a financial instrument will be going, perhaps even giving a…” Read More »

Options

More Option Pictures

“Last week I wrote about using option payoff graphs to help visualize an option position. We’ll continue that discussion today. In that article, which you can read here, I looked at projected profit or loss at three different dates – now, at expiration, and some time in between. This points out that an option’s value changes…” Read More »

Futures

Do You Believe?

“The theme of the last article I wrote was patience. In it I mentioned that waiting for an opportunity and then having the patience to let it play out to its conclusion was one of the biggest challenges for new traders. I also briefly mentioned that trusting or believing in a methodology can also pose…” Read More »

Real Estate

Rehabbing and/or Staging – Design Trends for 2015

“A major shift in design trends happens every 8-10 years. We all can look back and say Avocado Green was the 70’s, soft pastels of blue, green and pink the 80’s, sponge painting and wall murals the 90’s, granite counters and stainless appliances the 2000’s. So, what are today’s trends? What will this decade be…” Read More »

Specialty Skills

What is Driving Your Trading?

“If I told you that P&L (profit and loss) are not as important to your trading success as you might think; you’d probably say that I am missing a couple of beers short of a six-pack. But, actually I am saying that. However, allow me to qualify that statement. If you have been trading for…” Read More »

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