Lessons from the Pros

Mar 22, 2016 Issue

Featured Article

The Real Meaning… Part 2

Last week I introduced some perceptions people tend to have about aspects of the market and then revealed the truth or reality of those incorrect perceptions. Here are a few more I’d like to share with you: 5) “Futures trading is high risk” – Let me start by saying that if you don’t use protective stop… Read More »

Stocks

S&P Doomed to Repeat?

George Santayana is popularly known for aphorisms such as, “Those who cannot remember the past are condemned to repeat it.” When it comes to the markets, this is often the rule more than the exception. In fact, Online Trading Academy’s core strategy is based on locating repeatable patterns that demonstrate where the institutional traders are… Read More »

Featured Article

What Time Is The Best Time to Trade FX?

This week has been a special week for me as it marks my first week of a new life emigrating from the UK to my new home in the USA. To kick things off, I have had the pleasure of taking a trip out to Irvine, California to the Online Trading Academy HQ to teach… Read More »

Options

Using Options to Trade High-priced Stocks – Part 2

Last week I described a way to use options as a way to trade high-priced stocks, like Google or Priceline, with much less cost and risk than trading the stocks themselves. Below is the chart of Priceline as of our starting point on March 9, 2016… Read More »

Futures

Knowing When Not to Trade is Important

In my experience, one of the toughest challenges you may face as a trader grapple with is knowing when to keep your powder dry, a Wall Street maxim for staying out of the market. Essentially, keeping your powder dry means saving one’s resources, and being prepared for when they will be used in the most… Read More »

Real Estate

Deducting Interest if you aren’t the Owner of Record

When I teach, I often jokingly say that we should use our adult children to start our real estate investing career. It’s funny because I got this question last week, so it is perfect timing to answer it for this Lesson’s from the Pros. Question: “I’m working with my son on buying a condo. He… Read More »

Specialty Skills

Are you Trading Congruently or are you Conflicted?

Have you ever violated your trading rules? Or, have you ever broken a trading promise to yourself? I would venture that you have been at that fork-in-the-road of your trading more than a few times, where you had to choose between a rule violation – that is, going to the left, or going right and keeping… Read More »