Lessons from the Pros

Jun 14, 2016 Issue

Featured Article

Financial Systems Blind Spot

It’s called a “blind spot” because you don’t even know it’s there… Many years ago, I was very fortunate to start my career on the trading floor of the Chicago Mercantile Exchange, one of the most important exchanges in the world. I started with no experience in financial markets. What I got was a peak… Read More »

Futures

Trading Rules Lead to Consistency

Greetings from Chicago! I’m here this week teaching a great group of students how to navigate the financial markets using Online Trading Academy’s patented core strategy. As I’ve written in previous articles, I believe that successful market speculation requires a sound proven process, the discipline to follow it and, lastly, the mindset to stay focused… Read More »

Specialty Skills

Trading Psychology: Is It Really Necessary?

Some years ago, after teaching a class in trader psychology a student came up to me and asked in a deadpan gaze, “So what does this stuff (psychology tools and techniques) have to do with trading?” I looked her in the eye and responded with the question: “What does cold have to do with ice… Read More »

Taxes

Paying Taxes on Foreign Income

Many United States (U.S.) citizens and resident aliens receive income from foreign sources. Regardless of where in the world this income is received it has to be included in your worldwide income reported on your U.S. tax return. If you are a U.S. citizen or resident alien, you must report income from all sources within… Read More »

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