Lessons from the Pros

Jan 12, 2016 Issue

Featured Article

Major Retail Investor Mistake, Simple Correction

I have been in the trading and investing business for nearly 20 years as a trader, fund manager, author and educator, beginning on the floor of the Chicago Mercantile Exchange. If I had to list the top three mistakes I see most traders make, one that would for sure be on the list is when… Read More »

Stocks

Looking Forward in the Markets

The first week of trading in 2016 has been a crazy ride. The financial news that keeps coming out of China as well as the North Koreans working to become a nuclear power has frightened many traders and investors. Many have been left scratching their heads wondering what to do. Let’s examine the charts to… Read More »

Forex

Forex Core Strategy Review

As promised, for my first article of 2016 we are kicking things off with a simple yet powerful review of the Online Trading Academy Core Strategy. Now sure, I know I have written about this many times before but I have also learned to appreciate the power of reinforcement and repetition in all walks of life… Read More »

Options

Volatility? Really?

As I’m writing this, it is the afternoon of January 6, 2016. The stock market has been in full-blown meltdown mode for the last five trading days. The S&P 500 index has dropped by about 4% in that time. The Chinese stock market is down much more after dropping 5% yesterday alone. Crude oil has… Read More »

Futures

Great Traders Specialize

In any field, whether it’s business, athletics or the arts, the person that masters his or her specialized craft is usually looked upon as the “best,” or at least as one of the best at what they do. In professional football, you couldn’t imagine a quarterback playing defense because he focuses 100% on using his… Read More »

Real Estate

Top Real Estate Trends of 2015

As we start 2016, I thought it might be good to look back on some of the trends from 2015. Looking back can give us a glimpse of the future. 1 – Foreign buyers: The news media says things like, “Foreigners are buying up the U.S.!!!” Well, there is no doubt that there is a great… Read More »

Specialty Skills

When Trading in the Trenches Give Yourself an Edge

In any important effort where you are up against other individuals that are as motivated, as intelligent, as competent and as prepared if not better than you, then it is crucial that you identify an edge in your game in order to come out ahead of the pack and get the win. Trading is a… Read More »

Taxes

Winning the Lottery: Taking Installments vs. the Lump Sum

1.5 Billion dollars is on the line in today’s Powerball lottery drawing. The biggest lottery prize ever in world history! Winning the lottery means paying taxes. Should you win the $1.5-billion jackpot and take it in a lump-sum payment, Uncle Sam will quickly relieve you of 25% off the top. Then comes the state for… Read More »