I was giving a talk to a group of Online Trading Academy students in Atlanta, Georgia yesterday. These were students who had taken multiple classes at the center and were trading several asset classes in their own portfolios. The talk was centered on how the different asset classes are related to each other and how you can use them as leading indicators for each other. Throughout my trading career, I have always looked at multiple assets as a way to enhance my trading success. I have noticed that traders who focus on multiple assets such as stocks, commodities, currencies, and bonds, have better trading results than those who only trade one asset alone.
This brings up a question that I hear often, “I just took the Professional Trader class but want to trade ‘X’ (insert forex, options, or futures here). Should I take the class immediately or will I get confused?” Due to the way that the asset classes are related and the way that Online Trading Academy’s courses are structured, it is an advantage, not a detriment to proceed through your education at… Continue Reading
