Lessons from the Pros

Jan 19, 2016 Issue

Featured Article

Thinking Better Odds

Much of the time the trading articles I write are focused on where to enter a position more than any other topic. This is because it’s the most important part of the trade. If you can’t get your entry correct, meaning low risk, high reward and high probability, the other components to your trades such… Read More »

Stocks

Cut and Run or Let Them Run?

“Cut your losses short and let your profits run.” So many traders chant that mantra while trading in the markets. Anyone who has ever had money in the markets knows that this is an easy thing to say but much harder to actually do. The emotions of fear and greed creep into our trading environment… Read More »

Forex

Helping Your Odds in Forex Trading

Hello traders! Sooo…neither of us won the Powerball Jackpot of $1.5 billion dollars. Not that much of a surprise, is it? Knowing that the odds of winning were something like 1 in 292,000,000, we shouldn’t be shocked that we didn’t get the easy money. Now that the hype of the Powerball super- size jackpot has… Read More »

Options

Options – Which one is the Right One Part 3

In Part 1 of this discussion, I talked about the various types of options expiration dates that are available (monthly, quarterly, weekly and LEAPS). In Part 2, I explained why for most underlying assets, the monthly options are often a better choice than weeklies or quarterlies: because of better bid/ask spreads. The final factor… Read More »

Futures

Poor Performance Years and the Impact on Futures Traders

Welcome to 2016 and let’s hope the Futures markets finally decide to offer more opportunities for us swing traders. During the year I was talking to some of my trading buddies and kept hearing the same thing, “What a rough year this has been.” The ones who only day traded seemed to have a respectable… Read More »

Real Estate

What the Rams Moving to LA Means for Real Estate Growth

As many of you know, I love “American” football and I live in Southern Cal.  Well guess what? It only took 20 plus years for LA to have a NFL football team again (the Raiders and Rams left in 1995). The Rams will be making their home in Inglewood CA.  Inglewood is best known as Read More »

Specialty Skills

How Love Can Help Your Trading

Emotions are energy; and if acknowledged as such and put into use you could gain a great deal of momentum towards your trading goals with them. Try this, think about the last great vacation you had or a major experience in your life where you accomplished something outstanding. As you close your eyes and activate… Read More »