The markets have been racing to new yearly highs. There are a lot of people wondering how much longer this movement can last. Some of the bears are already crawling out of the woodwork stating that we are overbought and should...
Read MoreHello traders! This week I’d like to discuss a fault that nearly every trader has done at least once in the past – that is, chasing a trade. What is chasing a trade? It’s when you take a less than optimal...
Read MoreDuring the course of every month, there is data released from various sources (primarily the government) that reflects the state of the economy. There are also inventory numbers in certain commodities, and on the months when the...
Read MoreIn this series, on alternate weeks, I’m going to go through the subject of options in the most basic way. Even if you’re a veteran, these articles may give you a deeper understanding of some aspects of options than...
Read MoreOn Power Trading Radio last week we talked about the commercial real estate market, its makeup and some of the current trends. The commercial real estate market is more segmented than the residential market. Let’s look at...
Read MoreHow many times have you heard someone say that “trading is an art, not a science”? I have heard that for years and years, and I have to say, it is probably the most ridiculous statement when it comes to trading. And...
Read MoreRichard heaved a heavy sigh. He was thoroughly perplexed, confused, frustrated and dejected as he struggled to understand why the stock he was trading had taken a dive in the late afternoon. The Earnings Report had good news and...
Read MoreMax had had enough, and in the words of the movie “Network” he was “mad as hell and he wasn’t going to take it anymore!” Max had taken several Futures classes from some very good instructors. He had...
Read MoreI am in London this week, teaching a Professional Forex Trader Course at the Online Trading Academy center here. A student asked me a question that I often hear repeated in most classes, “Now that I have taken the course,...
Read MoreI was working with one of my Forex students in London last week after class. The student had taken a large loss in his trading account and was now taking very small gains. He knew that he was making great entries but kept...
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