Too often I listen to inexperienced traders over reacting, exaggerating and showing how over dependent they are on things like technical analysis. Too many engineers and people who think they can outsmart the market by trying to define everything it does with some over restrictive measure, indicator or data series. Much of the time, the objective of this pursuit is … Read More
SMB Forex and Futures Weekly Analysis
In this segment, Marc Principato, CMT conducts a broader technical analysis on the S&P 500 futures, EUR/USD, GBP/USD and AUD/USD. Use this to gather important for your strategies throughout the following week. For more information visit: http://www.smbtraining.com/overview/forex-training [purehtml id=9] — Marc Principato, CMT Risk Disclaimer *No Relevant Positions
Trading Off of Levels: How a Real Trader Works
There is this developing trader, who sends me a summary of his trading at the end of every week. I asked him to do this so I have data on whether we should hire him for the desk. He’s not quite ready but I love to see his progress. Mostly I want to see how he handles success and failure … Read More
SMB Forex and Futures Weekly Trade Review 5/17
In this segment, Marc Principato, CMT, reviews a EUR/USD trade that combines our favorite setup with volume analysis confirmation. To learn more visit: http://www.smbtraining.com/overview/forex-training [purehtml id=8] — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Recording: John Locke Group Mentoring Session
Making money in the markets. Purpose of M3 and Rock trades. May Rock trade example. Risk Disclaimer
A Well-Priced Deal: $DDD
Publicly traded companies sometimes choose to raise capital by issuing more shares. This allows them to have more working capital without the burden of taking on debt. The better run companies tend to do “secondaries” (according to Wikipedia “secondary” is a misnomer and this type of deal is a “follow on” offering) when their stocks have run up quite a … Read More
Forex Trading: The Benefits of Volume Analysis
Whenever I mention “volume analysis” in relation to forex trading, almost instantly I get the following question,”Hey isn’t the volume in the spot market unreliable since there is no central exchange?” The answer is yes it is unreliable and that is why when I analyze volume in the currency market, I don’t use spot, I use futures. The next question … Read More
Monthly Options Spread Trading is a 12-Inning Game
I’m mentoring a remarkable options trainee named Joe. We’ve been working together for over two years. Joe is remarkable for many reasons, but among them is the fact that he lives in Indonesia and is asleep during the majority of the U.S. options market hours due to the time difference (about 12 hours—we’re talking about half way around the world … Read More