Morons Increase Margin
An interesting thing happened to my experimental account lately. You remember – the one I blow up every few months or so. Over the past few months that account has not just survived, but has actually thrived performing better than even some of my “real” money accounts. Last week I wrote that the one key change I made to my trading was to never, ever, ever, ever, ever, ever, ever, ever add to a losing position. That’s certainly been the key to my success over the past few months. But I also
Natural Gas – Wealth Builder or Widow Maker?
Occasionally, a Commodity offers prices to investors at a deep discount. Many times, there is a reason for a market to be cheaply priced, and we would do well to keep shorting that market. We have all seen a stock that was trading for per share and weeks later, see it trading for . Our first thought is this is a bargain because the price has dropped so much. Many brokers call their clients that were put in the stock at and tell them, “If we liked it at , then we have to love it
Currency Market Update From Singapore
After blowout earnings, AAPL rockets in the post-market session, sending the major indexes higher. Merlin talks about the unusual afterhours halt that hit Apple, and shows its impacts on the share price. Bert Antonik , calls in from Singapore, where he has been living for the past 2+ years as an instructor for Online Trading Academy. He walks us through how the South East Asian city is doing in these tough financial times, and offers some insight into how they perceive the US markets. Later,
Donkey of the Day Monday!
With a weekend of boneheaded actions from politicians, bankers and football players, we had to have an extended segment of Donkey of the Day! After an extended opening rant, Merlin is joined by 3rd generation CME floor trader Bill Henner . Bill walks listeners though his last 25 years of experiences and discusses the difficulties he encountered when transitioning from pit to screen based trading. Later, Bill and Merlin break down the current action of the SPY, EURO and natural gas companies.
Houses and Jobs, Weekend Edition
Herb Meyer , author of The Cure For Poverty, joins the show to talk about how most Americans don’t clearly understand “the Operating System” of the US, especially when it pertains to creating jobs and promoting entrepreneurship. He discusses some solutions and ways that we can stabilize the job market and get America pumping again. Diana Hill is up next with a look at the current housing markets, and walks us through several of the new legislative issues coming at the housing market. Diana
Losers Add to Losers
“I got a horse right here, his name is Paul Revere and here’s a guy who says if the weather’s clear, can do, can do. This guy says the horse can do. If he says the horse can do, can do.” – Guys and Dolls. I’ve been killing it in Flow lately and my real account is up very nicely over the past few months as markets have been very kind to momentum trading. But I am not foolish enough to believe that the streak will last indefintely. Drawdowns are part of the game and they will come. There is
Chocolate Flavored Heating Oil
In this article I’m going to talk about something you’ve probably never heard of before. It might give you a different viewpoint on trading the Forex. The reason I’m doing this is to open the minds of Retail Forex traders in order that they can have a greater insight into something that could be the very crux of why they’re struggling. I call it BAFTS . BAFTS is a disorder that can become ‘chronically account threatening’ if not adequately treated. BAFTS stands for Befuddled Acquired Fuzzy
John O’Donnell’s Golden Hour
Guest host and Chief Knowledge Officer at Online Trading Academy John O’Donnell and special guest Steve Bobbitt discuss gold and the current state of our markets. Click on the image below to download the mp3 file:
Currencies from Abroad
So many of take the news at face value, however we don’t necessarily see it from a viewpoint that is Outside of the US. Media twists and public opinions can be dramatically different! Sam Evans , XLT instructor, joins the show live from London, after a long day of mentoring and trading. Sam talks about the current mood over in the UK which, from his perspective, is very different than our media makes it out to be. Merlin and Sam take a look at both long & short term charts on the Cable and
Is It Better With Binary Options?
This article written by Kira McCaffrey Brecht was originally published in the December 2011 issue of SFO Magazine. Kira McCaffrey Brecht is managing editor of SFO and has been writing about the financial markets for 20 years. Don’t let the name scare you away. Binary options are perhaps the easiest to understand and least expensive financial instrument available for individual investors to trade. Plus, they are fun. Binary options have been popular in Europe for decades, offered primarily
