If you have been reading Lessons from the Pros for any time now, or if you have graduated from an Online Trading Academy course, you know that to execute trades, we rely on supply and demand levels. The biggest question that...
Read MoreIf it looks like a duck, walks like a duck, quacks like a duck, smells like a duck…it’s probably not a lobster. No matter what the leading research analyst on ducks and lobsters says. Even if someone wins a Nobel...
Read MoreAs Futures traders we must stay on top of events that are affecting our markets. While instructing classes for Online Trading Academy I always make it perfectly clear that nobody ever knows it all in this business. Unlike some...
Read MoreMost people have had a very cursory introduction to the financial markets. Their exposure to equities usually involves a 401k that they received from their job. The majority believes that the best way to invest in the markets is...
Read MoreIn last week’s article called Market Makers and the Option Chain, which you can review here, I talked about option volume, and began discussing open interest. Volume is the number of contracts traded during a certain...
Read MoreHello traders! I was a bit hesitant when considering this week’s Lessons from the Pros article, because the topic is very subjective. The difficulty lies in fully explaining the possible interpretations of the following...
Read MoreIn the general public, any conversation about trading in the financial markets (and in particular day trading) usually leads most to conclude that it’s just another form of legalized gambling. People have been led to...
Read MoreFirst, no matter your party affiliation or lack of one, it’s important that you vote. I know sometimes apathy kicks in and we feel that one vote won’t make a difference, but every vote counts. Voting isn’t just...
Read MoreI know a trader, let’s call him Leon. He day trades Futures. He has been actively trading for several years. His profits are erratic and undependable, often going dramatically up and down in the same session. When Leon is...
Read MoreThe Education Counselors at Online Trading Academy are an amazing resource that is largely underused. As a trader or investor, they are your first contact with our academy and are able to guide you through your financial...
Read More
