Lessons from the Pros

Apr 11, 2017 Issue

Featured Article

Trading: Simple But Not Easy

Sometimes when I am talking to students they ask, “Aren’t you afraid of giving too much of your trading strategy away as it may not work if too many people learn it?” As long as I have been trading and investing, I have been a bit worried about creating my own competition as proper trading… Read More »

Forex

A Smarter Way to Trade

Hello traders! This newsletter comes to you from warm and sunny southern California, where I am just wrapping up a five-day forex class in Woodland Hills. As with most of my newsletters, this one is inspired by a couple of students and their questions/concerns. These students are smart men, both having come from the technology Read More »

Proactive Investor

When Mutual Funds Are Your Only Choice

I recently discussed the idea of diversifying within your 401(k) or other defined-contribution employer-sponsored retirement plan. In most of those plans, mutual funds are your only investment choices.
Mutual funds were a good idea, for their time. They allowed small investors to have diversified portfolios. They offered professional management of the funds, freeing investors from… Read More »

Taxes

Complete Guide to Mark-to-Market Election

Last month in our article on Know Your Trader Tax Terminology, I brought up the Mark-to-Market Election which sparked several questions revolving around this topic. This guide to the Mark-to-Market Election should clear things up. What is Mark-to-Market? Securities that are Marked-to-Market are taxed on realized (what you sold) and unrealized (still open) gains or losses… Read More »