{"title":"Volume 26 (2008)","description":"\u003cp\u003eBrowse Volume 26 (2008) articles by issue:\u003c\/p\u003e\u003cdiv style=\"display:flex;flex-wrap:wrap;gap:12px;\"\u003e\n\u003ca href=\"\/collections\/volume26\/issue-01?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 1 January\u003c\/a\u003e\u003ca href=\"\/collections\/volume26\/issue-02?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 2 February\u003c\/a\u003e\u003ca href=\"\/collections\/volume26\/issue-03?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 3 March\u003c\/a\u003e\u003ca href=\"\/collections\/volume26\/issue-13?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eBonus Issue\u003c\/a\u003e\u003ca href=\"\/collections\/volume26\/issue-04?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 4 April\u003c\/a\u003e\u003ca href=\"\/collections\/volume26\/issue-05?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 5 May\u003c\/a\u003e\u003ca href=\"\/collections\/volume26\/issue-06?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 6 June\u003c\/a\u003e\u003ca href=\"\/collections\/volume26\/issue-07?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 7 July\u003c\/a\u003e\u003ca href=\"\/collections\/volume26\/issue-08?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 8 August\u003c\/a\u003e\u003ca href=\"\/collections\/volume26\/issue-09?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 9 September\u003c\/a\u003e\u003ca href=\"\/collections\/volume26\/issue-10?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 10 October\u003c\/a\u003e\u003ca href=\"\/collections\/volume26\/issue-11?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 11 November\u003c\/a\u003e\u003ca href=\"\/collections\/volume26\/issue-12?sort_by=title-ascending#ProductGridContainer\" style=\"margin-right:16px;\"\u003eChapter 12 December\u003c\/a\u003e\n\u003c\/div\u003e","products":[{"product_id":"stcov261opmi","title":"Stocks \u0026 Commodities V. 26:5 (14-19): Options: The Missing Link by Martha Stokes, CMT","description":"Options: The Missing Link by Martha Stokes, CMT\u003cbr\u003e\u003cbr\u003eWhats the link between an option and a stock?\u003cbr\u003e\u003cbr\u003egrowing numbers year after year. The Options Industry\nCouncil offers excellent free education on options,\nand there are good option courses out there.\nThe lure of options is undeniable. Every year,\nthousands of traders attend seminars and buy books\non options in their pursuit of profit. The desire to\nleverage a small amount of capital to make huge\ngains in the market draws people to options in ever-growing numbers year after year. The Options Industry\nCouncil offers excellent free education on options,\nand there are good option courses out there.\u003cbr\u003e\u003cbr\u003eHowever, most option players spend more money\nstudying strategies at option seminars than they ever\nmake back in profits from trading options. Option\nplayers generally do far worse on their return on\ninvestment than investors who simply buy \u0026amp; hold\nstocks long term. Why do option players, with the\npower of leverage behind them, do so poorly compared\nto their buy \u0026amp; hold counterparts? The answer\nis more basic than you might think.\u003cbr\u003e\u003cbr\u003eTHE MISSING LINK\u003cbr\u003e\u003cbr\u003eThere must be a connection or link between the\nunderlying stock price action and the selected option\nstrategy. Without this crucial link, option players\nstruggle with mediocre results. To explain this, it is\nimportant to take a brief history lesson.\u003cbr\u003e\u003cbr\u003eCandlestick charting, which is frequently taught\nalongside option strategies, was first developed in\nJapan in the 1700s, used in the rice exchange that was\nset up in the late 1600s (the worlds first, according\nto Steve Nison). So futures markets have been around\nfor a long time as well as stock markets. The differences\nbetween futures markets and stock markets,\nhowever, are numerous.\u003cbr\u003e\u003cbr\u003e","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133904908657,"sku":"\\V26\\C05\\082STOK.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_4540face-8a49-4387-a02f-bf7416be9d8d.jpg?v=1739656296"},{"product_id":"stcov266prre12","title":"Stocks \u0026 Commodities V. 26:9 (68-70) Product Review: Zignals.com by Dennis D. Peterson","description":"Product Review: Zignals.com by Dennis D. Peterson\u003cbr\u003e\u003cbr\u003eZignals is a website for generating\nalerts and analyzing\ncharts. My initial interest in\nthis website came from an\narticle I read in one of the local newspapers. The article said that\nMicrosoft had bought a 15% interest in\nZignals and the software detected overall\nprice movements. This piqued my\ninterest, as Microsoft has a lot of very\nsmart folks. What attracted them to\nZignals? I had to find out.\u003cbr\u003e\u003cbr\u003eThe answer lies in the ability of the\nsite to do things that you usually have to\npay for. For example, it automatically\nfinds gaps and trendlines. The site has\ntwo halves and on one side you have the\nalert generation software, while on the\nother, theres the charting software.\u003cbr\u003e\u003cbr\u003eBefore you get started, youll need to\ninstall Silverlight, a browser plug-in,\nand youll need to download it twice.\nThe first download lets you install\nSilverlight 1.0, and the second lets you\ninstall Silverlight 2.0. Until Silverlight\n2.0 is installed, you wont be able to see\nany charts (and by the time this is published,\nyou may have to download a\nstill-newer version of Silverlight). But\nyoull have to register first.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133904941425,"sku":"\\V26\\C09\\182PR.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_3977865c-aeff-4b89-ae32-8c93de910af1.jpg?v=1739656298"},{"product_id":"stcov266exyo","title":"Stocks \u0026 Commodities V. 26:3 (62): Explore Your Options by Tom Gentile","description":"Explore Your Options by Tom Gentile\u003cbr\u003e\u003cbr\u003eSIZING UP A STRADDLE BUY\u003cbr\u003e\u003cbr\u003eI was looking at a particular stock for a\npossible straddle. The company is expected\nto release earnings in 10 days.\nSuppose I intend to purchase options\nthat have 50 days left until expiration.\nAccording to my calculations, the\nstraddle can be initiated for a debit of\n$400 ($2.00 for the put and $2.00 for\nthe call), which is also my maximum\nrisk. If I intend to hold this trade for\nonly 10 days, would 5% of my account\nsize be a prudent amount to risk? For\nexample, if my account size is $10,000,\nI can only do one contract straddle if I\nwas holding the trade close to expiry,\nbut I can do more if I was only holding\nit for only 10 days. Am I right? The risk\nis less if my time frame is 10 days\ninstead of 50?\u003cbr\u003e\u003cbr\u003eYour question brings up some important\nfactors that should be considered\nwhen evaluating a potential straddle: time\ndecay, implied volatility, and maximum\nrisk. The straddle, as you know, includes\na put and a call on the same stock. Both\nputs and calls have the same strike price\nand the same expiration months. The\nidea is for the stock to make a big move\nhigher or lower. If it rallies, the call can\nbegin to yield profits if it increases\nenough in value (in this case, $4.00 or\nmore). If the stock tanks, the puts increase\nin value and can provide the profits.\nA big move in the near future is the\nbest-case scenario.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133906809201,"sku":"\\V26\\C03\\052EXPL.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_54835fda-7b74-40c9-a454-f7df86c325af.jpg?v=1739656416"},{"product_id":"stcov265injo","title":"Stocks \u0026 Commodities V. 26:11 (56-60): Interview: Joshua Hayes Of Big Wave Trading by J. Gopalakrishnan \u0026 B. Faber","description":"Joshua Hayes Of Big Wave Trading by J. Gopalakrishnan \u0026amp; B. Faber\u003cbr\u003e\u003cbr\u003eSurfer Trader Dude.\u003cbr\u003e\u003cbr\u003eIs it the ideal life? Joshua Hayes is CEO, president, and founder of Big Wave Trading, a Maui, HIbased stock market advisory service. Hayes is a well-respected stockpicker and technician who combines fundamentals, psychology, and money management to trade professionally. Hayes also runs BigWaveTrading.com, an online stock market commentary and stock selection service for short- and intermediate-term investment strategies using CANSLIM and other strategies.\nHayes has been a contributor to TeleChart, Realmoney.com, and TokyoJoe.com. He is currently a contributor to SeekingAlpha.com, iStockAnalyst.com, BestWayToInvest.com, StraightStocks.com, and InvestorsParadise.com. He also posts trading advice at MauiTrader.blogspot.com.\nSTOCKS \u0026amp; COMMODITIES Editor Jayanthi Gopalakrishnan and Staff Writer Bruce Faber interviewed Joshua Hayes on September 8, 2008, via telephone.\u003cbr\u003e\u003cbr\u003eJoshua, how did you get interested in trading?\u003cbr\u003e\u003cbr\u003eEarly on, I used to go over to my friends house and his\ndad would have the CNBC ticker on and I recognized two stocks, Iomega and AOL. There were others but these two\nreally stuck out for me. By the time I was 16, I had developed a major passion for the markets and my father helped start me out by suggesting I read [what was then] Investors Daily. He recommended it because his grandmother recommended it to him two weeks before she died. So I read it.\u003cbr\u003e\u003cbr\u003eIntrigued, I got William ONeils book, How To Make Money In Stocks. It clicked with me immediately, and off I went.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133908971889,"sku":"\\V26\\C11\\218INTR.pdf","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_95b3a437-1438-4e43-a622-63db161fda4d.jpg?v=1739656534"},{"product_id":"stcov261fofo6","title":"Stocks \u0026 Commodities V. 26:9 (12-13): Forex Focus: Do You Analyze Your Trades? by P. S. Nouvion","description":"Forex Focus: Do You Analyze Your Trades? by P. S. Nouvion\u003cbr\u003e\u003cbr\u003eAccess to foreign exchange trading has opened up exciting trading options for the\nretail trader. You can now trade alongside corporations and institutions in a highly\nliquid market that is global, traded around the clock, and highly leveraged. Before\njumping into this market, however, we must understand the factors that affect the\nforex market. With that in mind, STOCKS \u0026amp; COMMODITIES has introduced Forex\nFocus to better prepare the retail trader to participate in the currency market.\u003cbr\u003e\u003cbr\u003eNo, seriously. Do you?\u003cbr\u003e\u003cbr\u003eEver since I started trading currencies about three years\nago, I knew that I lacked the discipline to be a consistent and profitable trader. But I still love to trade; I just\ncant stop thinking of it as a game! I know thats not the\ntrading guru way of thinking, but fortunately, I do not risk\ntoo much money on the market and my primary trade is as\na programmer, so I guess it is okay for me to trade for fun.\u003cbr\u003e\u003cbr\u003eEvery once in a while I try to get back on the righteous path\nand approach the forex market more seriously. Just last\nmonth I created an EA, an automated program, to manage my\norders so that I would not be tempted to gamble and be forced\nto respect my initial stop-loss and profit target. Lets just say\nthe software was great, but I was still in there messing around\nwith the orders.\u003cbr\u003e\u003cbr\u003eAND SO IT GOES\nThe issue really is that we dont know when weve won\nenough pips, and we dont know when weve lost enough\npips. So I looked around for money management concepts.\nStandard trailing stops were the first thing I looked at and then\nI moved on to average true range (ATR) trailing stops,\nchandelier exits, and other options. Nothing was helping, so\nI did a lot of research; I even found out that some people do\ntechnical analysis on fundamental analysis. I had been working\non pattern recognition and neural networks (still am), and\nafter going through a lot of complex concepts, I decided to\ntake a simpler approach.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133910577521,"sku":"\\V26\\C09\\169NOUV2.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_d830196a-80c5-40de-a075-b11bf4b11285.jpg?v=1739656631"},{"product_id":"stcov267trti3","title":"Stocks \u0026 Commodities V. 26:7 (72-85): Traders' Tips by Technical Analysis, Inc.","description":"Traders Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eEditors note: This months Traders Tips\nare based on Giorgos Siligardos article in\nthis issue, Leader Of The MACD.\u003cbr\u003e\u003cbr\u003eReaders will find our Traders Tips section\nin its entirety at the STOCKS \u0026amp; COMMODITIES\nwebsite at www.Traders.com in\nthe Traders Tips area, from where the\ncode can be copied and pasted into the\nappropriate program. In addition, the code\nfor each program is usually available at the respective software companys website. Thus, no retyping\nof code is required for Internet users.\u003cbr\u003e\u003cbr\u003eFor subscribers, code found in Siligardos article can be\ncopied and pasted into MetaStock or Tradecision from the\nSubscriber Area at www.Traders.com. Login is required.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133910610289,"sku":"\\V26\\C07\\146TIPS.PDF","price":5.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_66c845b4-ec69-4819-a2c8-f542a1991eab.jpg?v=1739656633"},{"product_id":"stcov263begr","title":"Stocks \u0026 Commodities V. 26:5 (38-40): Beware The Greeks by Ron Ianieri","description":"Beware The Greeks by Ron Ianieri\u003cbr\u003e\u003cbr\u003eConfused about option greeks?\nFind out what each means and\nhow they affect price movement.\u003cbr\u003e\u003cbr\u003eIN recent months, individual\ninvestors\nhave been flocking\nto the option\nmarket in record numbers and with good reason.\nWhen used properly, options\ngive the investor many advantages\nover simply using the underlying\ninstruments such as\nstocks. The mad rush into the\noption market is likely to continue\nas the popularity of options\ngrows and expands.\u003cbr\u003e\u003cbr\u003eSeveral recent news announcements\nhave helped investors realize\nthe truth about options. The\nfirst big news is that the NASDAQ\nis going to list options! Thats\nright, the powerful NASDAQ is\ngoing into the option market because\nit recognizes the investment\nlegitimacy and future of options.\nOn top of that, the NASDAQ petitioned\nthe SEC to allow options to\ntrade in pennies. This makes options\nmore economically attractive\nto investors. Finally, the SEC\nis starting to lighten up the margin\nrequirements for option positions,\nmaking options even\nmore cost-efficient.\u003cbr\u003e\u003cbr\u003eAt this point you are probably\nthinking that options sound\ntoo good to be true. However,\noptions do have a drawback.\nOptions are a more sophisticated\nproduct than their underlying\ninstruments. Being more sophisticated, they have many more topics and concepts\nthat must be mastered in order to use their power properly.\nWith options, as with any other highly technical vehicle,\na solid foundation is the key to understanding.\u003cbr\u003e\u003cbr\u003eTHE BASICS\u003cbr\u003e\u003cbr\u003eOne of the foundational concepts of options is the greeks.\nThere seems to be confusion about how greeks should be\napproached and taught, if at all. Many option instructors consider the greeks to be an advanced topic, so they schedule\nit last. Some instructors consider the greeks to be unimportant\nand not only dont teach them, but tell their students to ignore\nthem as useless concepts. We see the greeks as a necessary\nconcept that should be stressed and taught first, even before\noption strategies.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133912019313,"sku":"\\V26\\C05\\086LANI.GIF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_ab6d8648-c920-497b-85f9-5f7288f90984.jpg?v=1739656734"},{"product_id":"stcov266prre4","title":"Stocks \u0026 Commodities V. 26:3 (64-67): Product Review: ChartFilter by Sean Moore","description":"Product Review: ChartFilter by Sean Moore\u003cbr\u003e\u003cbr\u003eChartFilter.com provides\ncharting software and stock\nscreening at an attractive\nprice free! Last reviewed in STOCKS \u0026amp; COMMODITIES in the June\n2005 issue, ChartFilter.com hasnt\nchanged all that much, with the exception\nof upgrades and the added support\nof the Macintosh and Linux operating\nsystems. The biggest change can be\nfound in the pricing structure. Instead of\nthe monthly fee that was the norm previously,\nthe software is now free to use\nafter an email registration.\u003cbr\u003e\u003cbr\u003eAfter registering with your name,\nusername, and email address, a password\nis sent to your email account. Log\nin with your password to get to the main\nservices window (Figure 1).\u003cbr\u003e\u003cbr\u003eChartFilter.com features two main\nproducts, StockTools and StockScreener.\nStockTools is a Java-based charting program,\nwhile StockScreener is a collection\nof tools for finding stocks based on\ntechnical and fundamental indicators.\nIn addition, from the ChartFilter.com\nhomepage you can access additional\nstock screeners and a wealth of technical\nanalysis educational resources.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133912052081,"sku":"\\V26\\C03\\054PR.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_1f888393-a7c4-41dd-b1ca-a33f5e7aa40c.jpg?v=1739656737"},{"product_id":"stcov266prre6","title":"Stocks \u0026 Commodities V. 26:5 (64-66): Product Review: Market Technician by Dennis D. Peterson","description":"Product Review: Market Technician by Dennis D. Peterson\u003cbr\u003e\u003cbr\u003eMarket Technician is a website\nfor traders interested\nin market timing analysis.\nSince John Bollinger\nis the creator of this site, it is more than a safe bet that this is\nsomething unique and useful.\u003cbr\u003e\u003cbr\u003eYou basically choose an indicator,\napply it to a time series and then see if it\ntrades or predicts well for the same or\ndifferent time series. For example, you\ncould ask, If I were to use a volume\nindex based on the NYSE Composite,\nwould it trade or predict the NYSE Composite\nor perhaps trade or predict the\nStandard \u0026amp; Poors 500 even better?\nYou can perform an analysis using 26\ndifferent time series, predominantly indexes,\nranging from the familiar Dow\nJones Industrial Average to the lesserknown\nAMEX Gold Bugs Index. A range\nof indicators are available such as the\nmoving average convergence\/divergence\n(MACD) or the volume index.\u003cbr\u003e\u003cbr\u003eWhile you might argue that the variety\nof indexes is unique for a single\nwebsite, the even more exciting feature\nof this site is the manner in which the\nindicators are evaluated.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133912084849,"sku":"\\V26\\C05\\094PR.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_53acf30d-5bd1-4335-aeea-580e44d1a2bd.jpg?v=1739656740"},{"product_id":"stcov265stap","title":"Stocks \u0026 Commodities V. 26:1 (52-57) A Structured Approach To Option Trading by Jay Kaeppel","description":"A Structured Approach To Option Trading by Jay Kaeppel\u003cbr\u003e\u003cbr\u003eThis is the first in a series of articles about\noption trading with the PROVEST option\ntrading method. The PROVEST method is\nnot a trading system. Rather, it utilizes a\nseries of criteria that can aid option traders\nin choosing the proper trading strategy for\na given situation. Likewise, traders are free\nto choose different parameters to apply to\neach of the key criteria. This months article\nlays the groundwork for the strategy pieces\nto follow in the months ahead.\u003cbr\u003e\u003cbr\u003eOption trading volume has\nproliferated in recent years.\nPart of this is due to the\nadvent of electronic trading,\nwhich has greatly facilitated\nthe flow of information and trading\nactivity. In many cases, traders can get\ninto and out of trades almost instantaneously.\nThis spectacular growth in trading\nvolume has also been fueled by the fact\nthat so many individuals have become\nmore knowledgeable about the varied uses\nof options that allow them to achieve specific\nspeculative and hedging objectives.\u003cbr\u003e\u003cbr\u003eYet even as the business of option\ntrading evolves, in the end the act of\ntrading options remains an art form.\nUnlike trading a stock or futures contract\ndirectly where you either go\nlong and make money if that security\ngoes up or lose money if it goes down,\nor vice versa if you are holding a short\nposition with options there can be\nmany shades of gray. This creates opportunities\nand risks unique to option\ntraders.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133913493873,"sku":"\\V26\\C01\\011KAEP.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_72a00b90-9f6c-4510-80c2-d44502ca256c.jpg?v=1739656846"},{"product_id":"stcov266prre9","title":"Stocks \u0026 Commodities V. 26:8 (69): Product Review: The Million Dollar Challenge by Sean Moore","description":"Product Review: The Million Dollar Challenge by Sean Moore\u003cbr\u003e\u003cbr\u003eThe Million Dollar Challenge\nhelps teach trading\nprinciples in a fun and inventive\nway: through a\nboard game. There are two different games that can be played with\nthis set, the Basics and the Million Dollar\nChallenge. The Basics, the simpler\ngame, uses smaller money denominations\nand the player with the largest\nrunning balance after completing five\ntrades wins. Once familiar with the rules,\ntwo players can expect to complete a\ngame of the Basics in about an hour. For\nthe Million Dollar Challenge, the first\nplayer to have a running balance of $1\nmillion wins.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133913526641,"sku":"\\V26\\C08\\162PR.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_4d683329-cf74-4b87-83fe-e137d3828277.jpg?v=1739656849"},{"product_id":"stcov262tayo","title":"Stocks \u0026 Commodities V. 26:8 (22-28): Take Your Profits Or Let Them Ride? by Anthony Trongone, PhD","description":"Take Your Profits Or Let Them Ride? by Anthony Trongone, PhD\u003cbr\u003e\u003cbr\u003eHeres how you can complement your money\nmanagement strategy with your trading system.\u003cbr\u003e\u003cbr\u003ePractical trading advice often takes us in\nconflicting directions. For instance,\nwhen we are in a profitable position,\nshould we take our profits or let them ride? Most articles on money management encourage\nthe reader to adopt rigid standards, such as\noffsetting a position before a small loss turns into a\nlarge one. Money management rules are to be taken\nseriously. However, they do not apply across all\nmarket conditions, nor should they hamper your\nopportunity to take advantage of current trading\nopportunities.\u003cbr\u003e\u003cbr\u003ePREPARING FOR THE TRADING DAY AHEAD\nIndividuals perform differently throughout the trading\nday. Some investors are better off trading in the premarket, while others are more effective\nafter the choppiness in the early\nmorning subsides. For many active investors,\nas the day continues, it becomes\neasier for them to perceive discernible\nchart patterns. For them, it is better to see\nwhat has already taken place in order to\ndetermine what might occur throughout\nthe afternoon.\u003cbr\u003e\u003cbr\u003eSimilar to a thoroughbred racehorse,\nthe market bolts from the gate at the\nringing of the opening bell. Riders are instinctively jockeying for position as they approach\nthe first turn, but once they hit the backstretch, the\nhorses settle into a more relaxing pace.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133915754865,"sku":"\\V26\\C08\\152TRON.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_9162689b-6490-494f-847b-297115acca33.jpg?v=1739657027"},{"product_id":"stcov265reri","title":"Stocks \u0026 Commodities V. 26:5 (58-61) Reducing Risk With Delta-Vega Hedging by Seongjin Cho \u0026 Ingyu Koh","description":"Reducing Risk With Delta-Vega Hedging by Seongjin Cho \u0026amp; Ingyu Koh\u003cbr\u003e\u003cbr\u003ePredicting market movements with\noptions can be profitable but risky \nheres how to make it safer.\u003cbr\u003e\u003cbr\u003eThe size of the option\nmarket has increased significantly,\nthanks to high\nleverage. Many investors\nhave come up with various portfolios based on individual\nanalysis in hopes of gaining profits. In\nparticular, strategy combination of options\nis a popular method among traders\nand makes use of an options time\nvalue for gains. Essentially, you take a\nshort position and get rewarded for\nholding your position as time passes\nas long as the underlying assets remain\nunchanged. If there is a drastic\nchange in the underlying asset, however,\nthere is a risk of a large loss.\u003cbr\u003e\u003cbr\u003eAs we all know, it is difficult to\npredict which direction the underlying\nassets will move. Because of that,\nit is necessary to eliminate or at least\nminimize the directional effect of the\nunderlying asset. So it is crucial that\nyou offset the impact of the underlying\nasset and volatility.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133915787633,"sku":"\\V26\\C05\\092CHO.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_27ae962d-e29c-4a86-b68b-05da6dda0422.jpg?v=1739657030"},{"product_id":"stcov265tran","title":"Stocks \u0026 Commodities V. 26:6 (56-60): Trading And Teaching: Tom Busby by Jayanthi Gopalakrishnan \u0026 Bruce Faber","description":"Trading And Teaching: Tom Busby by Jayanthi Gopalakrishnan \u0026amp; Bruce Faber\u003cbr\u003e\u003cbr\u003eTom Busbys long career in the markets started as a broker then money\nmanager with some of the worlds largest wire houses. He then moved into the\nprivate sector and started training others about the global markets. He has\ndone guest spots on Bloomberg and CNBC and is also the author of two bestselling\nbooks, Winning The Day Trading Game and The Markets Never\nSleep. Busby also hosts a daily online live trading room where traders from\nall over the globe join him as he covers the daily action in markets such as the\nemini, the Dow Jones and DAX index futures, as well as his personal stock\npicks. He is also the host of The Market Buzz, a radio show on the Houston,\nTXbased BizRadio Network.\u003cbr\u003e\u003cbr\u003eBusby holds a bachelors degree in business administration from the\nUniversity of Georgia and a juris doctorate degree from Oklahoma City\nUniversity School of Law. He was a distinguished graduate of the United States\nAir Force Budget Officer School and served seven years in the US Air Force\nbefore becoming a professional securities broker and trader.\u003cbr\u003e\u003cbr\u003eTechnical Analysis of STOCKS \u0026amp; COMMODITIES Editor Jayanthi\nGopalakrishnan (JG) and Staff Writer Bruce Faber (BF) interviewed Tom\nBusby via telephone and email on March 31, 2008.\u003cbr\u003e\u003cbr\u003eTo get things started, can\nyou give us a summary\nof how you got started\ntrading?\u003cbr\u003e\u003cbr\u003eI got started in the markets when I\nwas still in the Air Force. One of the\nguys in my squadron was trading pork\nbellies. It seemed exciting and so I decided\nto open a stock account, not knowing\nthe difference between pork bellies\nand stocks. With that account I bought a\ncouple of stocks. Both of them have gone\ninto the history books as not good buys.\u003cbr\u003e\u003cbr\u003eJG: What were they?\u003cbr\u003e\u003cbr\u003eOne was Pan Am and the other Eastern\nAirlines. Eventually, I transferred\nthose stocks into the brokerage office of\nMerrill Lynch in Oklahoma City. I was\nfortunate. I had a great broker named\nHenry, who taught me a lot about the\nmarkets and also taught me about the\noption market. Well, I fell in love with\nthe option market, because I made a\nbunch of money real quick. By that time\nI was going to law school and Merrill\noffered me a job. We worked out a deal\nwhere I could go to law school at night and be a broker during the day. I\nstarted doing it, fell in love with it,\nand I am still doing it to this day.\u003cbr\u003e\u003cbr\u003eOnce the S\u0026amp;P came along in\n1982, I knew the S\u0026amp;P market was\nfor me because there I had a market that I could trade both up and down.\nThat was a luxury in those days, because\nmost everybody would trade to\nthe long side. I was an expert in everything\nassociated with trading back then.\nI was trading stocks, futures, and options,\nand doing real well until the crash\nof 1987. That wiped me out.\u003cbr\u003e\u003cbr\u003eJG: That happened to a lot of people.\u003cbr\u003e\u003cbr\u003eIt took me a while to get my confidence\nback and get together enough\nmoney to start over again. After four or\nfive years, I started trading again. Then\nin 1996 a friend of mine from my Merrill\nLynch days came to me because he had\ngone to a school for trading and he was\nunhappy because they just took his\nmoney and would not give him any\nsupport. After some prodding, he convinced\nme to start the school I currently\nrun today. He said that it would make me a better trader if I taught other people.\nI agreed with that, and now, the more\npeople I get to meet, the more people I\nget to teach, and the better I get.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133915820401,"sku":"\\V26\\C06\\114INTR.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_8a4ce3bb-8255-4e11-8568-15cf1702087a.jpg?v=1739657033"},{"product_id":"stcov266prre3","title":"Stocks \u0026 Commodities V. 26:2 (64-66): Product Review: Sierra Chart by Dennis D. Peterson","description":"Product Review: Sierra Chart by Dennis D. Peterson\u003cbr\u003e\u003cbr\u003eA charting package for as low\nas $17 a month and no fee\nfor the datafeed?! Sound too\ngood to be true? Fortunately,\nit is the real deal for a few thousand subscribers of Sierra Chart.\nThe package interfaces with several\ndatafeeds, one of them being Interactive\nBrokers (IB). If you open an account\nwith IB, pay a $5,000 deposit, and at\nleast $30 in commissions per month, a\n$10 monthly fee is waived for a bundle\nthat includes Chicago Mercantile Exchange\n(CME) products such as emini\nand North American equities.\u003cbr\u003e\u003cbr\u003eThere are other ways to skin the datafeed\ncat. You might look into brokerages that\nuse Transact Futures or Open E Cry,\nboth supported by Sierra Chart, to find\nother free datafeed opportunities.\u003cbr\u003e\u003cbr\u003eSierra Chart started in 1996 as a oneperson\noperation. The developer saw a need to provide an\ninexpensive, easy-to-use software package\nto trade stocks and commodities.\nThe company has since expanded. It has\nthe usual features for a charting package\nand special wrinkles, making it a standout\n(besides its price).","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133915853169,"sku":"\\V26\\C02\\033PR.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_fcf64594-436f-47f7-8cca-984b31628030.jpg?v=1739657036"},{"product_id":"stcov266qaby","title":"Stocks \u0026 Commodities V. 26:2 (60-61): Q\u0026A by Don Bright","description":"Q\u0026amp;A by Don Bright\u003cbr\u003e\u003cbr\u003eMESQUITE RETREAT\u003cbr\u003e\u003cbr\u003eHello, STOCKS \u0026amp; COMMODITIES readers!\nBright Trading recently held one of\nour retreats for our traders in Mesquite,\nNV. We had approximately 70 attendees,\nincluding some non-Bright traders,\nwho seemed to find the weekend\nboth educational and entertaining. Traders\nasking other traders questions is always\ninteresting and of great value to the\nwhole group, including the Bright family.\nIm going to paraphrase some requests\nand questions, along with a variety\nof answers.\u003cbr\u003e\u003cbr\u003eMy request is for some informal presentations\nfrom traders just a few minutes\nfrom a few traders of varied amounts\nof experience telling their trading stories.\nNot just stories about their best or\nworst trades, but about the business of\ntrading. Bottom line, just how did you\ngrow your trading business? One example\ncomes to mind. Don, you said a\nwhile back that one trader had made\nseveral hundred thousand dollars doing\njust opening-only orders. I would\nlike to hear more about that.\u003cbr\u003e\u003cbr\u003eWithout giving away any secrets,\nIll do my best to give two differing\nexamples of how our top traders are\nmaking so much on this strategy. One\nlongtime trader places opening-only\norders, with an auto-entry Excel\nworksheet, on hundreds of stocks and\nmultiple-pricing layers (limit orders,\nof course). He may get filled on 50 or\nmore stocks that have gapped up or\ndown more than his expected criteria,\nthus entering with a high probability of\nsuccess.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133915885937,"sku":"\\V26\\C02\\031QA.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_1d68d017-b7c2-45b5-b06c-3a29ef3109fd.jpg?v=1739657038"},{"product_id":"stcov261fofo","title":"Stocks \u0026 Commodities V. 26:1 (14-16): Forex Focus: The Alligator Indicator by Alexander Sabodin","description":"Forex Focus: The Alligator Indicator by Alexander Sabodin\u003cbr\u003e\u003cbr\u003eHeres a trading system you can apply to trending markets\nsuch as the currencies.\u003cbr\u003e\u003cbr\u003eThere is a moving\naveragebased trading system that I\nhave found works best\nin trending markets,\nwith its main instrument\nthe alligator indicator.\nThe alligator was first\ndescribed by Bill Williams\nin his book New\nTrading Dimensions.\nSome software packages\ninclude the alligator\nindicator, but if its\nnot available, all you\nhave to do is take three\nsmoothed moving averages\nusing 13, eight, and\nfive periods and shift them by eight, five, and three bars into the future. The longest\nperiod line is blue (the alligators jaw), the middle one is red\n(the alligators teeth), and the shortest one is green (the\nalligators lips).\u003cbr\u003e\u003cbr\u003eAccording to Williams, when these three moving averages\nare twisted together, it means the alligator indicator rests, and\nso we also rest. But the longer the alligator sleeps, the\nhungrier it is. So when the alligator awakes after a good, long\nrest it is very hungry to hunt for food. And its food is price.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133918835057,"sku":"\\V26\\C01\\003SABO.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_06491d63-6dce-4329-91b0-204311ae4850.jpg?v=1739657243"},{"product_id":"stcov266trti2","title":"Stocks \u0026 Commodities V. 26:6 (68-79): Traders' Tips by Technical Analysis, Inc.","description":"Traders Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eEditors note: This months\nTraders Tips are based on\nGerald and Trent Gardners article\nin this issue, Profit With\nETFs. Code written for Wealth-\nLab is already provided by the\nauthors in the articles sidebar.\nAdditional code for Wealth-Lab\nas well as other programs is presented here.\u003cbr\u003e\u003cbr\u003eReaders will find our Traders Tips section in its entirety\nat the STOCKS \u0026amp; COMMODITIES website at www.Traders.com\nin the Traders Tips area, from where the code can be copied\nand pasted into the appropriate program. In addition, the\ncode for each program is usually available at the respective\nsoftware companys website. Thus, no retyping of code is\nrequired for Internet users.\u003cbr\u003e\u003cbr\u003eFor subscribers, code found in Gerald and Trent Gardners\narticle can be copied and pasted into Wealth-Lab from the\nSubscriber Area at www.Traders.com. (Login is required.)","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133920375153,"sku":"\\V26\\C06\\116TIPS.PDF","price":5.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_78108336-1477-42b2-9de1-36dda4fbf8dd.jpg?v=1739657355"},{"product_id":"stcov264exem","title":"Stocks \u0026 Commodities V. 26:6 (42-46): Examining the EMA by Tim Treloar","description":"Examining the EMA by Tim Treloar\u003cbr\u003e\u003cbr\u003eYou know how to apply the exponential\nmoving average, but what do you\nknow about its development and behavior?\nHeres a deeper look at the\npopular moving average.\u003cbr\u003e\u003cbr\u003eThe popular exponential\nmoving average (EMA)\ndepends on data to develop\nits distinctive characteristics,\nand when it comes to data, more is better. But\nbefore you put an EMA to work as a\ntechnical indicator, a deeper understanding\nof its development and behavior\nis advised. At the very least, a\ndeeper understanding will justify the\npractical application of it and at most\ndispel some misconceptions associated\nwith it.\u003cbr\u003e\u003cbr\u003eIN THEORY\u003cbr\u003e\u003cbr\u003eAn EMA is essentially a type of\nweighted average. The idea of a\nweighted average is simple: each element\nin a collection of numerical data\nis multiplied by a number ranging from\nzero to 1 (the decimal equivalent of the\npercentile range zero to 100), called a\nweight, such that the sum of the weights\nalways totals 1, and the weighted elements\nare then added together.\u003cbr\u003e\u003cbr\u003eA simple moving average (MA) is\nperhaps the simplest example of a\nweighted average in that all the elements\nreceive exactly the same weight.\nIn an exponential moving average, the\nweight of each element decreases progressively,\nusually according to its age\nand usually by powers of a particular factor.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133925814641,"sku":"\\V26\\C06\\108TREL.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_82385f37-6526-4d24-8c5e-85008b03316a.jpg?v=1739657671"},{"product_id":"stcov265trwi","title":"Stocks \u0026 Commodities V. 26:12 (50-57): Trading With The Heikin-Ashi Candlestick Oscillator by Sylvain Vervoort","description":"Trading With The Heikin-Ashi Candlestick Oscillator by Sylvain Vervoort\u003cbr\u003e\u003cbr\u003eThis visual tool complements candlesticks that will help you\nenter and exit trades, resulting in higher profits per trade.\u003cbr\u003e\u003cbr\u003eAnalyzing a candlestick chart gives a good idea\nof what is going on in the market. Candlestick\npatterns, resistance or support from price\npivots, rising or falling windows, and the use\nof trendlines are all excellent technical trading\ntools. But initiating a trade and deciding when to close it,\ncandle after candle, remains a difficult task. It would be nice to have a complementary visual aid when looking at a candle\nchart.\u003cbr\u003e\u003cbr\u003eFigure 1, a daily chart for Ford Motor Co., uses an expert\nfunction for color-coding the candlesticks. On November 21,\n2006, the price falls through the uptrend line after a number of green candles. This means its time to close any long position and open a new short position. As long as there are red candles, we will keep the short trade open. On December\n20, 2006, there is a new green candle. Drawing a downtrend\nline up to this point, we see that it is broken to the upside. Its time to close the short position and open a new long position.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133925847409,"sku":"\\V26\\C12\\222VERV.pdf","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_ee10ef24-739c-4d87-8948-125dd2b0d909.jpg?v=1739657673"},{"product_id":"stcov26997at1","title":"Stocks \u0026 Commodities V. 26:9 (98, 97): At The Close by Danish Kapur","description":"At The Close by Danish Kapur\u003cbr\u003e\u003cbr\u003eSwing Trading And Market Pace\u003cbr\u003e\u003cbr\u003eWhat do financial markets show? Personally, I dont\nthink they show much besides the way the people associated with them are thinking. And that thinking keeps\nchanging. Sometimes people get fearful and sometimes they\nget greedy, which is why markets keep moving, frequently\nmaking swing highs and swing lows.\u003cbr\u003e\u003cbr\u003eSo financial markets represent the psychology of the\npeople trading the markets. Everything people have on their\nminds is depicted in the form of the price on charts. Like the\nsaying goes, Prices discount everything. All technical\nindicators are derived from price. So we can say that all\nindicators are based on the psychology of those associated\nwith the markets.\u003cbr\u003e\u003cbr\u003eTRADING SWINGS\u003cbr\u003e\u003cbr\u003eYou just have to take care to limit your loss and profit will take\ncare of itself. This is what I believe, and one of the methods to\nachieve this is to study price using swing charts along with\nstudying the pace of markets. The study of the pace of the market helps me confirm the turning points in markets.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133925880177,"sku":"\\V26\\C09\\186CLOS.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_85ab53a8-bea3-485b-a738-f331021e727b.jpg?v=1739657676"},{"product_id":"stcov269bofo8","title":"Stocks \u0026 Commodities V. 26:11 (92): Books For Traders by Technical Analysis, Inc.","description":"Books For Traders by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eIn this issue:\u003cbr\u003e\u003cbr\u003eBecoming Your Own China Stock Guru by James Trippon\u003cbr\u003e\u003cbr\u003eFibonacci Analysis by Constance Brown\u003cbr\u003e\u003cbr\u003eInside The Investors Brain: The Power Of Mind Over Money\nby Richard L. Peterson\u003cbr\u003e\u003cbr\u003eTrading ETFs: Gaining An Edge With Technical Analysis\nby Deron Wagner\u003cbr\u003e\u003cbr\u003eTrading Futures For Dummies by Joe Duarte, MD\u003cbr\u003e\u003cbr\u003eTrading Option Greeks: How Time, Volatility And Other\nPricing Factors Drive Profit by Dan Passarelli","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133925912945,"sku":"\\V26\\C11\\226BOOK.pdf","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_be126a56-5d66-463e-b53b-05d526cf5316.jpg?v=1739657679"},{"product_id":"stcov262prwi","title":"Stocks \u0026 Commodities V. 26:6 (20-24) Profit With ETFs by Gerald Gardner and Trent Gardner","description":"Profit With ETFs by Gerald Gardner and Trent Gardner\u003cbr\u003e\u003cbr\u003eHeres a timing method you can use to trade exchange\ntraded funds.\u003cbr\u003e\u003cbr\u003eExchange traded funds (ETFs) are ideal\ncandidates with which to explore the\ntiming of investments. More than 400\nETFs are tradable and represent various\nsectors of the US economy, specific country funds, and commodities. An advantage\nto ETFs is that they offer daily continuous\npricing that mirrors the share price performance of\nthe underlying security with flexibility in the timing\nof purchases or sales.\u003cbr\u003e\u003cbr\u003eFor this study we picked three funds to invest in\nfrom a universe of 100. A backtest of our model\nsuggests that you can achieve a return of almost 18%\nand a low drawdown of 8%. Before examining the\ntiming model, we will review some of the principles\nthat drive the development of the timing paradigm.\u003cbr\u003e\u003cbr\u003eTiming is a technique of tracking market movements\nto find patterns of prices so you can capitalize\non market behavior and anomalies. The primary aim\nof the market timer is to focus on the volatility of\nprice movements and identify trends in price series.\nTiming enhances returns and minimizes drawdown\nby making buy or sell decisions using these distortions\nof the market.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133933580657,"sku":"\\V26\\C06\\102GARD.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_f0fa2d8e-e955-4edb-a0a5-40289def2470.jpg?v=1739658023"},{"product_id":"stcov262keto","title":"Stocks \u0026 Commodities V. 26:11 (26-30): The Keys To Trend-Following by Donald W. Pendergast Jr.","description":"The Keys To Trend-Following by Donald W. Pendergast Jr.\u003cbr\u003e\u003cbr\u003eWeekly Trend-Following With EMAs.\nSuccessful trend-following requires time, patience, an unshakable belief in the power of statistics, and, above\nall, the willingness to fearlessly seize prime trading opportunities.\u003cbr\u003e\u003cbr\u003eIt can be a challenge to time the markets on a short-term basis, yet that seems to be the driving motive behind the marketing of most trading systems, charting packages, and stock\/option newsletters. This article provides a simple framework around which technicians could build a\nsimple and profitable trend-following method.\nWeekly trend-following takes a longer-term approach,\nallowing fundamental supply\/demand forces to create opportune, low-risk technical entry points.\u003cbr\u003e\u003cbr\u003eTREND-FOLLOWING ESSENTIALS\u003cbr\u003e\u003cbr\u003eWhen a stock, fund, exchange traded fund (ETF), or commodity breaks out or develops other characteristics\nthat imply a major trend confirmation, the smart money will initiate positions once the move is already under way, following the emerging trend. It is the opposite strategy of\nthose traders who (sometimes unwisely) attempt to pick tops and bottoms or attempt to predict market reversal points. Trend-following will never get you in at the beginning\nof a market move, but it does ensure that the market will already be moving in the desired direction before you invest your trading capital.\u003cbr\u003e\u003cbr\u003eThe goal of the successful trend-follower is to profit from\nthe primary thrust of every sustained long-term trend movement. If such traders can keep the losses on their losing trades small, they can still enjoy worthwhile profits over time.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133935612273,"sku":"\\V26\\C11\\211PEND.pdf","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_a7662926-383a-4ce1-8162-20affb2fdddc.jpg?v=1739658166"},{"product_id":"stcov263cant","title":"Stocks \u0026 Commodities V. 26:2 (34-38): Can Technical Factors Gauge What Works In The Stock Market? by Mark Vakkur","description":"Can Technical Factors Gauge What Works In The Stock Market? by Mark Vakkur\u003cbr\u003e\u003cbr\u003eIn the second part of this series\nwe look at the technical factors\nyou can use to gauge the\nmagnitude and direction of the\ntrends in the S\u0026amp;P 500.\u003cbr\u003e\u003cbr\u003eUsing only month-tomonth,\nclose-to-close\nfigures, it is difficult\nto find any meaningful,\nconsistent information in the price performance of the Standard\n\u0026amp; Poors 500 itself by using\ntechnical analysis. This does not\nmean that technical analysis is\nuseless, just that when looking at\nthe monthly trend it is difficult to\nfind exploitable patterns.\u003cbr\u003e\u003cbr\u003eARE DOWN YEARS\nFOLLOWED BY RISING ONES?\u003cbr\u003e\u003cbr\u003eThe rate of return indicator is one\nof the oldest and most robust\ngauges of the magnitude and direction\nof an assets trend. Trendfollowers\nwill buy an asset whose\nrate of change is high and rising.\nSwing traders can use it as an\noscillator, helping to identify periods\nwhen the asset is oversold\n(very negative) or overbought\n(very positive).","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133935645041,"sku":"\\V26\\C02\\025VAKK.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_f173eb8e-3a89-4c0e-a2af-6fd066ff9f03.jpg?v=1739658169"},{"product_id":"stcov265prre1","title":"Stocks \u0026 Commodities V. 26:4 (58-64): Product Review: eSignal 10 \u0026 Advanced Get Edition (pt 2) by Barbara Star, PhD","description":"Product Review: eSignal 10 \u0026amp; Advanced Get Edition (pt 2) by Barbara Star, PhD\u003cbr\u003e\u003cbr\u003eeSignal is a leading provider\nof real-time quotes, charting,\nand information for the\ntrading community. Part 1\nof this review dealt with the features available to traders who subscribe\nto eSignal version 10. That version\noffers a platform that gives traders\naccess to a full range of tools and services,\nincluding real-time and end-ofday\nquotes for stocks, commodities,\nmutual funds, options, and forex prices.\nIt also incorporates charts, indicators,\nnews, research, scanners, alerts,\nbacktesting capabilities, custom study\ncreation, and integrated trading with\nseveral direct-access brokerages. Some\nof those features can be seen in the\ncustomized workspace in Figure 1.\u003cbr\u003e\u003cbr\u003eFor many traders the basic platform\nfits the bill for their trading needs. But\nfor traders who want to kick it up a\nnotch with indicators and strategies not\navailable elsewhere, eSignal also offers\nan Advanced GET edition. Advanced\nGET contains all the features of eSignal\n10, but unlike the basic platform that can\nbe leased on a monthly or annual basis,\nthe Advanced GET edition is only available by purchasing the software.\nAs with the standard\nversion 10, data and exchange\nfees are extra.\u003cbr\u003e\u003cbr\u003eThe GET in Advanced\nGET stands for Gann and\nElliott Trader. The program\ncontains proprietary tools\nbased on Gann, Elliott, and Fibonacci calculations that may be used\non any price chart and in any time frame.\nWith such broad applicability, it is equally\nappropriate for use by mutual fund traders\nas by currency traders and by intraday\ntraders as well as swing traders and longterm\ninvestors. The package includes\ntwo other components the Advanced\nGET scanner and the dashboard both\nof which are designed to be used in\nconjunction with Advanced GET tools\nand strategies.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133935677809,"sku":"\\V26\\C04\\071PR.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_003e81da-b2bb-4031-a094-9af3e984639b.jpg?v=1739658171"},{"product_id":"stcov266trti","title":"Stocks \u0026 Commodities V. 26:3 (69-84): Traders' Tips by Technical Analysis, Inc.","description":"Traders Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eEditors note: Most of this\nmonths Traders Tips are based\non John Ehlers article in this\nissue, Measuring Cycle Periods.\nCode written in Easy-\nLanguage for TradeStation is\nalready provided by Ehlers in\nthe articles sidebars. Additional\ncode is presented here.\u003cbr\u003e\u003cbr\u003eOther tips presented in this section are based on articles\nof the contributors choosing.\u003cbr\u003e\u003cbr\u003eReaders will find our Traders Tips section in its entirety\nat the STOCKS \u0026amp; COMMODITIES website at www.Traders.com\nin the Traders Tips area, from where the code can be copied\nand pasted into the appropriate program. In addition, the\ncode for each program is usually available at the respective\nsoftware companys website. Thus, no retyping of code is\nrequired for Internet users.\u003cbr\u003e\u003cbr\u003eFor subscribers, code found in John Ehlers article can be\ncopied and pasted into TradeStation from the Subscriber\nArea at www.Traders.com. Login is required using your\nsubscriber number (found on your magazine mailing label)\nand last name.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133935710577,"sku":"\\V26\\C03\\056TIPS.PDF","price":5.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_eb2d2e27-ba7b-45fc-81af-9c561d2895f7.jpg?v=1739658173"},{"product_id":"stcov262qaby","title":"Stocks \u0026 Commodities V. 26:4 (25): Q\u0026A by Don Bright","description":"Q\u0026amp;A by Don Bright\u003cbr\u003e\u003cbr\u003eNOT SUPER-FANCY\u003cbr\u003e\u003cbr\u003eMaybe Don or somebody else can tell\nme how to calculate S\u0026amp;P futures. I\nremember back in the early 1990s, one\nguy at the quote terminal would calculate\nit by having a Standard \u0026amp; Poors\n500 call and put option quote with the\nS\u0026amp;P 500 indicator. Somehow, you\nwould subtract the price difference of\none or both contracts and come up with\na number (if it was less than 10, the\nmarket was discount, and if it was\ngreater than 10, it was at premium) that\nwould indicate an imminent sell or buy.\nIt worked very well. Not only that, I\nwant to get a real-time tick.\u003cbr\u003e\u003cbr\u003eI used to have this on my DBC\/\nQuoTrek machine in the early to mid-\n1990s and it was great buy\/sell indicator\nwhen it went -900 or +600.\u003cbr\u003e\u003cbr\u003eIm not super-fancy and dont have\nthe systems most of you guys have. If\nyou know how I can get a real-time tick,\nsend me a holler. Thanks. dsq","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133938463089,"sku":"\\V26\\C04\\063QA.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_d976acb7-cbe0-4222-859b-72cdddf5245e.jpg?v=1739658386"},{"product_id":"stcov265prre","title":"Stocks \u0026 Commodities V. 26:3 (56-61): Product Review: eSignal 10 and Advanced GET Edition (Part 1)","description":"Product Review: eSignal 10 and Advanced GET Edition (Part 1)\u003cbr\u003e\u003cbr\u003eNew technology, new trading\nvehicles, and new trading\nmethods have given rise to\never more trading choices and opportunities. Long gone are the\ndays when delayed quotes, frequent calls to the broker, and end-of-day data\nwere sufficient to monitor trades or\nmake trading decisions. The rapid\nchange and high volatility that characterize\ntodays markets require access\nto news, data, and research in the blink\nof an Internet connection.\u003cbr\u003e\u003cbr\u003eFor years, eSignal has supplied the\ntools and services necessary to keep\nup with, and often ahead of, the demands\nof the trading community. A\nwell-known division of parent company\nInteractive Data Corp., eSignal\nprovides a broad-based real-time quote\nand charting program for stock, commodity,\nforeign exchange, and mutual\nfund traders.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133938495857,"sku":"\\V26\\C03\\051PR.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_891c9c01-9d90-45f0-983c-213e45d1d2c8.jpg?v=1739658389"},{"product_id":"stcov266hows","title":"Stocks \u0026 Commodities V. 26:2 (68-71): How Secure Are Your Securities? by John A. Sarkett","description":"How Secure Are Your Securities? by John A. Sarkett\u003cbr\u003e\u003cbr\u003eHow well protected are your stocks and options in\nyour brokerage account?\u003cbr\u003e\u003cbr\u003eTwo classic Zen koans and one modern\nriddle you may never have considered: What\nis the sound of one hand clapping? Does a\ndog have Buddha nature? And how well protected\nare the stocks and options in your brokerage\naccount not their value, which fluctuates, but\ntheir very existence? In peaceful financial times,\nthat last query rarely arises.\u003cbr\u003e\u003cbr\u003eThese are not peaceful financial times. The\nsubprime shakeout has caused bank runs (Countrywide,\nNorthern Rock), toppled CEOs (Merrill Lynch,\nCitigroup), and devastated broker stock values.\nThe charts of Merrill Lynch (Figure 1), Bear Stearns (Figure 2), and E*Trade Financial (Figure 3) clearly\ndepict the picture. Worse, it may not be over. More\nsubprime loans will reset in the months ahead. The\nrisk to the global financial system may be in the\ntrillions of dollars.\u003cbr\u003e\u003cbr\u003eBy getting involved in credit derivatives and\nmortgage loans, major financial firms such as Merrill\nLynch, Bear Stearns, Lehman Brothers, Citigroup,\nand E*Trade, among others, have put their shareholders\nat risk for billions. Even more chilling, they\nmay have also put in the same position their brokerage\ncustomers that is, you.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133938528625,"sku":"\\V26\\C02\\034SARK.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_617ea998-0f73-448c-9881-091bda5e8b38.jpg?v=1739658392"},{"product_id":"stcov261fofo2","title":"Stocks \u0026 Commodities V. 26:3 (12-15): Forex Focus: An MACD Trading System by Alexander Sabodin","description":"Forex Focus: An MACD Trading System by Alexander Sabodin\u003cbr\u003e\u003cbr\u003eThis simple trading system was\napplied successfully to forex pairs\nusing the moving average\nconvergence\/divergence. See if itll\nwork for you.\u003cbr\u003e\u003cbr\u003eToday, we see advertisements\nof different automatic trading systems at numerous websites\nand forums. If we took those ads\nseriously, all we would have to do\nis click the mouse and money\nwould pour into our pockets. Not\nonly that, such black boxes usually\ndont come cheap. Keeping all that\nin mind, lets try to create our own\ntrading system. As long as you\ndont lay claim to the holy grail, a\ntrading system can help you make\nthat trade.\u003cbr\u003e\u003cbr\u003eTHE MACD TRADING SYSTEM\nTo build our own trading system,\nwe will use the following indicators:\u003cbr\u003e\u003cbr\u003e1. Bollinger Bands: Period 20, deviations 2, shift 0,\napply to close.\u003cbr\u003e\u003cbr\u003e2. MACD: Fast exponential moving averages (EMA) 12,\nslow EMA26, apply to close.\u003cbr\u003e\u003cbr\u003e3. Stochastic oscillator: %K period 5, %D period 3,\nslowing 3, price field close\/close.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133941281137,"sku":"\\V26\\C03\\042SABO.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_111b7127-14ac-48b2-b17f-58d675051ef4.jpg?v=1739658589"},{"product_id":"stcov261fofo8","title":"Stocks \u0026 Commodities V. 26:12 (14-16): Forex Focus: The Intraday Trade by Alexander Sabodin","description":"The Intraday Trade by Alexander Sabodin\u003cbr\u003e\u003cbr\u003eHeres a low-risk\/high-profit trend-following method that\nyou can apply to the forex markets.\u003cbr\u003e\u003cbr\u003eThe idea of a short-term trade itself is very attractive,\njust like a romantic cruise. Its alluring to sit by the computer for an hour or two when no one distracts you, and\nearn money getting pleasure from your work.\u003cbr\u003e\u003cbr\u003eBut there are pitfalls on the way to success. One of the\nmajor ones is not having a system-defined trade that results\nin a lack of consistency in your trades. You must understand\nthat any trade must have a plan of action, and your task is to follow that plan without inventing new rules impulsively.\nKeep on that plan and youll be more likely to achieve success and join the elite group of professionals that really make money.\u003cbr\u003e\u003cbr\u003eSo how do you get into that elite group? Here is a system\nyou can try, by applying to intraday trading.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133941346673,"sku":"\\V26\\C12\\230SABO.pdf","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_e79ee1a9-ef51-41f8-a6dd-a0ede6f721c4.jpg?v=1739658592"},{"product_id":"stcov262ovbu","title":"Stocks \u0026 Commodities V. 26:6 (26-30) The Overlooked But Profitable Volume by Cory Mitchell","description":"The Overlooked But Profitable Volume by Cory Mitchell\u003cbr\u003e\u003cbr\u003eIts ubiquitous, easy to use, and can lead to\noutstanding results.\u003cbr\u003e\u003cbr\u003eThe number of stock shares that change hands\nover a given length of time is one of the most\nsignificant pieces of information we have. Yet\nmore often than not, the average trader takes that information for granted. Volume is provided, by default,\non any website that provides stock data, in newspapers, and\non charting websites and software. Volume information can\nbe found almost everywhere, which may be the reason many traders dont pay as much attention to it as they should. It may\nbe that they feel the information is tedious or since the\ninformation is so readily available it couldnt possibly be a\ngreat trading tool. And this, of course, could not be farther\nfrom the truth.\u003cbr\u003e\u003cbr\u003eWhile the number of shares that change hands in a given\nstock the volume is not a complex algorithm or intricate\nquantitative indicator, it does provide relevant information that\ncan lead the astute market watcher to outperforming profits.\u003cbr\u003e\u003cbr\u003eWHAT DOES VOLUME TELL YOU?\u003cbr\u003e\u003cbr\u003eVolume is the ultimate telltale sign of accumulation or\ndistribution in a stock. If a stock is rising on heavy volume,the stock is being accumulated, meaning buyers are willing to\npay a higher price in order to attain or accumulate shares. If\na stock is falling on heavy volume, it is being distributed,\nmeaning sellers are willing to get rid of their shares at a lower\nprice just to dispose of them. A stock that is not moving but\nis stuck in a channel on heavy volume implies buyers and\nsellers are battling, both with strong convictions. During\ntimes like these, the winner is not immediately evident until\na breakout occurs (on heavy volume, preferably).\u003cbr\u003e\u003cbr\u003eBy recognizing that most major moves in tradables take\nplace because there is a large accumulation or distribution of\nshares, the trader can make more informed and higher-profit\nprobability trading decisions.\u003cbr\u003e\u003cbr\u003eAnalyzing volume can be used to aid a trader in entering a\nposition. It may be used as a tool while in a trade to determine\nif the trade should be kept on or if profits\/losses should be\ntaken and the position closed.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133941379441,"sku":"\\V26\\C06\\103MITC.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_53f54ca4-8d4d-4c47-af8d-bf84b61b60fd.jpg?v=1739658594"},{"product_id":"stcov263bupu","title":"Stocks \u0026 Commodities V. 26:2 (39-45): Buying Puts And Calls With PROVEST by Jay Kappel","description":"Buying Puts And Calls With PROVEST by Jay Kappel\u003cbr\u003e\u003cbr\u003eThe second article in this series discusses the details of the\nPROVEST strategy and how you can apply it to trade calls and\/\nor puts.\u003cbr\u003e\u003cbr\u003eAs discussed in the first part of this series, several\nkey factors should be considered in determining\nthe best option trading strategy to use at\nany given point in time for any given security.\nLikewise, these criteria can also be used to zero in on the best option or options to trade in executing a\nparticular strategy. Selecting the proper strategy involves\nknowing what to look for in terms of the following variables:\u003cbr\u003e\u003cbr\u003e Probability\u003cbr\u003e\u003cbr\u003e Volatility\u003cbr\u003e\u003cbr\u003e Time left until option expiration\u003cbr\u003e\u003cbr\u003e The skew of implied volatility across strike prices\nand\/or expiration months\u003cbr\u003e\u003cbr\u003e Timing of market price movement.\u003cbr\u003e\u003cbr\u003eThe PROVEST option trading method criteria were developed\nto identify specific criteria in each of these key areas.\nThe primary factors and key considerations are summarized\nin Figure 1. In this installment we will look at a specific\ntrading strategy buying naked calls or puts and how to\nuse the PROVEST criteria to identify trading opportunities.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133941412209,"sku":"\\V26\\C02\\026KAEP.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_95bdfa02-c9e0-447f-8f7a-8db8ceb4ef3b.jpg?v=1739658597"},{"product_id":"stcov266exyo5","title":"Stocks \u0026 Commodities V. 26:12 (62): Explore Your Options by Tom Gentile","description":"Explore Your Options by Tom Gentile\u003cbr\u003e\u003cbr\u003eCOLLAR ADJUSTMENTS\u003cbr\u003e\u003cbr\u003eI have a collar on a stock. I am still very\nbullish and the stock has come down\nquite a bit, so when does it make sense\nto buy back the call for a profit and let\nit ride?\u003cbr\u003e\u003cbr\u003eThe collar is becoming a more popular\nstrategy after the latest selloff. A lot\nof investors who want to buy are looking\nat how far some stocks have fallen.\nThe problem is, prices are still falling\nand volatility is high. Fear is at an\nextreme, and many investors are reluctant\nto buy stocks despite the bargains\nthat now seem to exist.\u003cbr\u003e\u003cbr\u003eThe collar offers a limited-risk way\nto buy stocks. The trade is a combination\nof a protective put (long puts, long\nstock) and a covered call (long stock,\nshort calls). It is created by buying\nshares, buying puts, and selling calls\n(and can also be applied to an existing\nposition). The put provides a floor under\nthe stock and the sale of calls helps\npay for the put. In addition, since implied\nvolatility is so high right now,\noption premiums are very expensive\nand it makes sense to sell some call\npremium to pay for the put options.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133941444977,"sku":"\\V26\\C12\\EYO.pdf","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_e2c0fb98-c979-450a-bb9d-d9680835f058.jpg?v=1739658599"},{"product_id":"stcov269bofo1","title":"Stocks \u0026 Commodities V. 26:2 (98): Books For Traders by Technical Analysis, Inc.","description":"Books For Traders by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003e Stock Traders Almanac 2008\u003cbr\u003e\u003cbr\u003e Commodity Traders Almanac 2008\u003cbr\u003e\u003cbr\u003e Contrarian Ripple Trading\u003cbr\u003e\u003cbr\u003e The Forex Trading\nCourse: A Self-Study\nGuide To Becoming A\nSuccessful Currency\nTrader\u003cbr\u003e\u003cbr\u003e Invest Like A Shark\u003cbr\u003e\u003cbr\u003e The Little Book That Makes You Rich\u003cbr\u003e\u003cbr\u003e Millionaire Traders:\nHow Everyday\nPeople Are Beating\nWall Street At Its Own\nGame","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133942985073,"sku":"\\V26\\C02\\039BOOK.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_28b8bafa-46db-4adb-bea8-5e2616397662.jpg?v=1739658721"},{"product_id":"stcov264fufo2","title":"Stocks \u0026 Commodities V. 26:8 (48): Futures For You by Carley Garner","description":"Futures For You by Carley Garner\u003cbr\u003e\u003cbr\u003eIs gold really a safe haven?\u003cbr\u003e\u003cbr\u003eWhen the term safe haven is casually\nused to describe the precious metals\nmarkets, namely gold, I cringe. I\nfind myself wondering, safe relative to\nwhat? In my experience, gold futures\nhave proven to be on the top of the list\nof volatile commodities. Sure, if you\nare savvy enough to buy the low and\nsell the high, investing in gold is safe.\nFor those of us who cant see into the\nfuture, buying or selling gold in the\nfutures, cash, or bullion market is purely\nspeculation. My intent isnt to discourage\nyou from trading gold, but to make\nsure that you see it for what it is a\ntrade and not an investment.\u003cbr\u003e\u003cbr\u003eThis belief may stem from the days\nwhen gold was viewed as an asset, not\na currency, or subsequently in the gold\nstandard era. However, the argument\nfor safe gold doesnt seem to have much\nvalidity in todays markets. Gold market\nfundamentals today are a far cry\nfrom what they were in the past, yet\nmany seem to have overlooked this fact.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133950390641,"sku":"\\V26\\C08\\156GARN.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_aa2759f4-428e-4007-a000-6b386280c556.jpg?v=1739658810"},{"product_id":"stcov261fofo7","title":"Stocks \u0026 Commodities V. 26:11 (14-17): Forex Focus: The Trend Determining Method by Aleksey Yudin","description":"The Trend Determining Method by Aleksey Yudin\u003cbr\u003e\u003cbr\u003eThis model is based on the theory of determined chaos, which\nposits that accurate market forecasts can be generated when\ntrading the currency markets.\u003cbr\u003e\u003cbr\u003eDetermined chaos theory has attracted many followers in recent years in various fields of knowledge. Unfortunately,\nalong with its many advantages, such nonlinear methods of analysis have their own deficiencies namely, the very short time horizon for forecasts. This problem could be solved by applying additional methods with a longer time\nhorizon for forecasting, but that would create a complex and\ntime-consuming system. Nevertheless, it is possible to balance sensitivity and short memory of a method and produce trades with a high winning percentage. This can be done by applying simple models based on the theory of determined chaos.\u003cbr\u003e\u003cbr\u003eDETERMINED CHAOS\nAmong system creators there is endless debate on what\nnumber or type of parameters is best used to describe the\nmarket. Most trading systems are built around one parameter\n price. Using price alone, or any indicator based solely on\nprice, cannot explain or predict market movements with any\nregularity.\u003cbr\u003e\u003cbr\u003eThe system described here is based on the concept that\nmarkets are driven solely by supply and demand. Market\norder flow can in fact be accurately tracked by analyzing\nvolume and open interest in conjunction with market price.\nWhile price is an important aspect of our system, it is more a product of how supply and demand interacts rather than the determining factor when it comes to market forecasts.\u003cbr\u003e\u003cbr\u003eBecause forex is traded over the counter and not through a\ncentral exchange, open interest is not available. Because\nfutures are the derivatives of the cash market, there is a strong correlation between the two so you can use open interest from the futures contract as a proxy.\u003cbr\u003e\u003cbr\u003eA deeper discussion of volume and open interest in different\nmarkets is beyond the scope of this article. What is important to understand is that there is a connection between open interest, volume, and price, and by exploiting this relationship, you can generate consistent profits.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133966610801,"sku":"\\V26\\C11\\209YUDI.pdf","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_19723d08-512e-418f-bf44-bf2d7d40d8b4.jpg?v=1739659242"},{"product_id":"stcov262qufo","title":"Stocks \u0026 Commodities V. 26:5 (20-25): The Quest For Reliable Crossovers by Sylvania Vervoort","description":"The Quest For Reliable Crossovers by Sylvania Vervoort\u003cbr\u003e\u003cbr\u003eMoving average crossovers should be reliable and they\nneed to have minimal lag. Heres a technique to achieve it.\u003cbr\u003e\u003cbr\u003eGenerally, its a contradiction to have a smooth\nreliable moving average crossover on one side\nwhile having a fast reaction to price turning\npoints on the other. Faster normally refers to\nshorter moving averages, but that in turn will result in more choppy moves, creating more false buy and sell\nsignals. So if you want to create fast and reliable crossovers,\nthe first thing you have to look at is a way to smooth closing prices with as little lag as possible. In Figure 1 you can see\nthree different averages on the daily price bars:\u003cbr\u003e\u003cbr\u003eThe green line represents the 10-day exponential moving\naverage (EMA). The main disadvantage seems to be\nthat this average lags. It takes a couple of weeks for it\nto signal a new uptrend.\u003cbr\u003e\u003cbr\u003eThe red line represents the 10-day TEMA (triple exponential\nmoving average). You can see that this average\nresponds quickly, but theres not enough smoothing.\nIts almost as choppy as the closing prices.\u003cbr\u003e\u003cbr\u003eThe blue line is a 10-day TEMA based on the heikinashi\nclosing prices. It looks good; you can tell that it\nis fast, and the smoothing is excellent.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133966643569,"sku":"\\V26\\C05\\083VERV.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_5cdef001-f8d2-4f82-8fb1-77bd5b58b74d.jpg?v=1739659244"},{"product_id":"stcov26320re","title":"Stocks \u0026 Commodities V. 26:13 (30-47): 2008 Readers' Choice Awards by Technical Analysis, Inc.","description":"2008 Readers Choice Awards by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eWe are pleased to present the Technical Analysis of STOCKS \u0026amp; COMMODITIES\nmagazine 2008 Readers Choice Awards (RCA). Each year, we put before our\nreaders a ballot of products and services related to technical analysis and trading.\nThe following pages present the products and services you and your peers chose\nthis year as your favorites.\u003cbr\u003e\u003cbr\u003eThe Readers Choice Awards begins each year with a list of products gathered\nby the editors of STOCKS \u0026amp; COMMODITIES, with space for write-in votes (given that our list doesnt claim to be complete). Then, to find out what our readers find to be the most\nuseful for their trading, we ask them to choose their favorite products or the ones they find most useful from various categories by going to our website, Traders.com,\nand filling out the survey there. After that, we compile the results, just\nin time for the Bonus Issue you hold in your hands.\u003cbr\u003e\u003cbr\u003eProducts are categorized by their primary purpose. Just because a service or\nproduct is not listed does not necessarily mean that the product does not have\nfeatures germane to the category; otherwise, a number of products could be\nlisted in numerous categories. In addition, some categories are divided by\ncost so that the comparisons can be made on a more level playing field.\u003cbr\u003e\u003cbr\u003eThe winners in the Readers Choice Awards are almost always the\ndominant players in their niche, and rightfully so. You may have special\nneeds for your trading, however, so you should keep in mind those\nproducts that are not the big names in the category of your interest\nbefore you make your final decision. The RCA is designed to be an aid\nfor you when you are deciding on which of the numerous products and\nservices currently available to use for your trading and investing. With\nthat in mind, we think youll find the Readers Choices a terrific guide\nto products and services that youll be interested in.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133966676337,"sku":"\\V26\\C13\\124RCA.PDF","price":5.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_78b706a3-cf6e-4b51-a2e4-5d0a1adda856.jpg?v=1739659247"},{"product_id":"stcov2679295","title":"Stocks \u0026 Commodities V. 26:12 (76-82, 92-93, 95): Traders' Tips by Technical Analysis, Inc.","description":"Traders Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eMost of this months\nTraders Tips are\nbased on Sylvain\nVervoorts article in\nthis issue, Trading\nWith The Heikin-Ashi\nCandlestick Oscillator.\nOther tips are on\na topic of the contributors\nchoosing.\u003cbr\u003e\u003cbr\u003eCode for MetaStock is already provided in Vervoorts article\nelsewhere in this issue. Additional code is presented here as\ncontributed by software developers.\u003cbr\u003e\u003cbr\u003eReaders will find our Traders Tips section in its entirety at\nthe STOCKS \u0026amp; COMMODITIES website at www.Traders.com in\nthe Traders Tips area, from where the code can be copied\nand pasted into the appropriate program. In addition, the\ncode for each program is usually available at the respective\nsoftware companys website. Thus, no retyping of code is\nrequired for Internet users.\u003cbr\u003e\u003cbr\u003eFor subscribers, the MetaStock code found in Vervoorts\narticle can be copied and pasted into MetaStock from the\nSubscriber Area at www.Traders.com. Login is required.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133968249201,"sku":"\\V26\\C12\\244TIPS.pdf","price":5.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_13d96798-5520-4bab-a404-098ae51186ab.jpg?v=1739659368"},{"product_id":"stcov262joof","title":"Stocks \u0026 Commodities V. 26:13 (26-29): Jokes Of (Trading) Wisdom by Giorgos E. Siligardos, PhD","description":"Jokes Of (Trading) Wisdom by Giorgos E. Siligardos, PhD\u003cbr\u003e\u003cbr\u003eI have always been fascinated by funny\nstories that incorporate wisdom and have a\nbottom-line moral. In this article I present\nthe nine most important jokes of wisdom I know. Each has a moral with real-life applications and\nparticularly in the world of trading.\u003cbr\u003e\u003cbr\u003e1. THE LORD OF THE UNIVERSE\u003cbr\u003e\u003cbr\u003eDuring his afternoon walk in the park, George noticed\na man preaching on a wooden pedestal. There\nwas a group of people making fun of the preacher,\nlaughing at him, deriding him, and calling him crazy.\nGeorge stood for a while and listened to the preachers\nwords:\u003cbr\u003e\u003cbr\u003eOh, you humans why are you fighting with\neach other? Why do you hate each other so much?\nYou are all part of the same world, you are all under the same\nsun, you all live on the same Earth. Why are you killing each\nother instead of living peacefully?\u003cbr\u003e\u003cbr\u003eFancy that! thought George. They may call him crazy,\nbut he is right!\u003cbr\u003e\u003cbr\u003eAnd the preacher continued: Oh, you humans why are\nyou killing each other? You are all part of the same universe.\u003cbr\u003e\u003cbr\u003eAnd who is the lord of this universe? It is I!\u003cbr\u003e\u003cbr\u003eThe moral of the story, as it applies to trading?\u003cbr\u003e\u003cbr\u003e Dont blindly follow the advice of someone who has\nhad some solid and meaningful thoughts in the past.\u003cbr\u003e\u003cbr\u003e Although in the markets the consensus is usually\nwrong, this is not the case with investment advisors.\nWhen you hear a lot of people blaming an investment\nadvisor, be cautious about him, no matter how convincing\nhis or her words are.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133969953137,"sku":"\\V26\\C13\\123SILI.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_aa9f956a-5b34-4612-8143-7444b972d08b.jpg?v=1739659488"},{"product_id":"stcov264inda","title":"Stocks \u0026 Commodities V. 26:3 (48-54): Interview: Daytrading With The StockBandit's Jeff White by Jayanthi Gopalakrishnan","description":"Interview: Daytrading With The StockBandits Jeff White by Jayanthi Gopalakrishnan\u003cbr\u003e\u003cbr\u003eJeff White, founder and chief technical analyst of TheStockBandit.com, started trading the\nmarkets in 1998 and has since gained extensive experience in both stocks and options. His\ntrading style has gradually evolved over the years, including, as he mentions in the interview,\nunderstanding the true usefulness of the exchange of ideas for an individuals trading.\u003cbr\u003e\u003cbr\u003eSTOCKS \u0026amp; COMMODITIES Editor Jayanthi Gopalakrishnan (JG) and Staff Writer Bruce\nFaber (BF) interviewed White via a conference call on January 7, 2008.\u003cbr\u003e\u003cbr\u003eJG: Jeff, how did you get interested in\ntrading?\u003cbr\u003e\u003cbr\u003eMy wife and I put some savings into\nmutual funds in the summer of 1998.\nThat third quarter the market corrected\nand we lost money. So I decided that I\nwould rather learn how to do it myself\nand turn to individual stocks rather\nthan just mutual funds. That is when I\nbecame a trader.\u003cbr\u003e\u003cbr\u003eJG: How often did you trade starting\nout? How long did you hold onto your\npositions?\u003cbr\u003e\u003cbr\u003eBack then, I would hold onto things\none to two weeks at a time. We got into\na period not long after I started when\nthe market saw a lot of what turned out\nto be excessive momentum, with the\nNASDAQ virtually tripling in the next\nyear and a half. So it was a good time\nfor momentum trading. I found that I\nliked to grab stocks as they were starting\nto break out of patterns. Because I\nwas trading short term, I turned away\nfrom fundamental concepts and went\npurely into the technicals based on the\nprice action. As I saw resistance levels\nbeing broken, with demand increasing\nfor a stock, I saw that was breaking\nthrough ceilings, and that was how I\nwas basing my entries. I would take my\nentry and ride the move as long as I\ncould until it fizzled out. Then I would\nmove on to the next idea.\u003cbr\u003e\u003cbr\u003eJG: It sounds like it is extremely simple,\nbut we all know its not. First of all, you mentioned that you were looking for\nstocks that were breaking out of patterns.\nAre there any specific patterns\nyou like to look at?\u003cbr\u003e\u003cbr\u003eI look for classic chart patterns like\nbear and bull flags, wedge patterns,\ntriangles, and consolidation-type patterns\nlike rectangles or channels. Those\nare the ones I key in on. It is not that Ive\nfound they work so much better than\nsome other method. What they do is\nkeep me disciplined. They make things\nblack \u0026amp; white for me as far as when to\nbe in and out of trades. That is what is\nmost important to me because I try to\napproach my trading with a survival\norientation. I want to preserve my capital\nfirst and foremost. Yet I put that\ncapital at risk in order to turn a profit.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133969985905,"sku":"\\V26\\C03\\049INTR.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_a4755083-fa7a-48de-9aa4-3251499cd72d.jpg?v=1739659490"},{"product_id":"stcov266exyo3","title":"Stocks \u0026 Commodities V. 26:8 (68): Explore Your Options by Tom Gentile","description":"Explore Your Options by Tom Gentile\u003cbr\u003e\u003cbr\u003eAUTOEXERCISE EXPLAINED\u003cbr\u003e\u003cbr\u003eIf I hold a call option into expiration\nand I do nothing, what happens? Will it\nexpire no matter what, or do I need to\ntell my broker to sell it?\u003cbr\u003e\u003cbr\u003eIf you dont close an option position\nbefore expiration, two things can happen\ndepending on whether the option\ncontract is in-the-money (ITM), at-themoney\n(ATM), or out-of-the-money\n(OTM). Remember, an OTM call option\nis one where the strike price is higher\nthan the stock (index, exchange traded\nfund [ETF], or futures) price. An OTM\nput has a strike price below the current\nstock price. An ATM option has a strike\nprice equal to the stock price.\u003cbr\u003e\u003cbr\u003eOTM and ATM options expire worthless.\nThey have no embedded value and\nthere is no incentive for the holder to\nexercise that option. If I hold an XYZ\ncall option with 50 strike price and XYZ\nis trading at $49 a share, why would I\nexercise an option to buy XYZ for $50\nwhen I can pick it up in the market for\n$49 a share? On the other hand, if the\nstock is trading for $51 and I hold the\nXYZ 50 put option, there is no reason\nfor me to exercise that put and sell\nshares for $50 when the market will buy\nit for $51. There are instances when\nslightly OTM options are exercised by\nthe holder, but in most cases OTM and\nATM options will expire worthless because\nthey have no real or embedded value.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133970018673,"sku":"\\V26\\C08\\161EYO.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_09dc6cb8-4cf4-42b9-92b1-28e0a76877ba.jpg?v=1739659493"},{"product_id":"stcov26452th","title":"Stocks \u0026 Commodities V. 26:9 (48-49, 52): Three Common Tools, One Protocol by Charles K. Langford","description":"Three Common Tools, One Protocol by Charles K. Langford\u003cbr\u003e\u003cbr\u003eThree common tools of technical\nanalysis can work together to generate\ncontinuous profits.\u003cbr\u003e\u003cbr\u003eCommon technical tools can\nbe used together to generate\na steady profit flow by using\na single protocol. To examine\nhow this can be done, the price action\nis divided into three time sequences: exhaustion\nof a trend, advent, and birth of\nthe new trend. Among the dozens of tools\navailable in technical analysis, three represent\nthis method in a simple way: relative\nstrength index (RSI), moving average\nconvergence\/divergence (MACD), and exponential\nmoving average (EMA). Used\ncorrectly, these three tools can generate\ncontinuous profits.\u003cbr\u003e\u003cbr\u003eHeres an example using the wheat\nmarket. Figure 1 is of the December 2007\nCBOT contract. The daily bar chart shows\ntwo EMAs (seven and 27 periods); the\nMACD (7, 27, 7), which I find to work\nmore efficiently than the usual 12, 26, 9;\nand the 14-period RSI.\u003cbr\u003e\u003cbr\u003eBIRTH AND DEATH\nOF THE UPTREND\nAn uptrend is born when the two EMAs\ngive a buy signal. The signal occurs as\nthe EMA(7) crosses above the EMA(27).\nAfter several attempts, on May 25, 2007,\nthe EMA(7) crossed above the EMA(27).\nThe price at the close was 5250 cents.\nThis was the birth of an uptrend, and as\ntime elapsed, it accelerated that is, the\nEMA(27) became more convex. We had\na first peak at 9070 on September 12,\n2007, when the RSI was at 84.18. A\nsecond, and the last in the chart, was at\n9616 on September 28, when the RSI\nwas at 76.20.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133971951985,"sku":"\\V26\\C09\\176LANG.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_7c41ed48-42aa-43ef-88f9-aaafc738ba84.jpg?v=1739659627"},{"product_id":"stcov2622830","title":"Stocks \u0026 Commodities V. 26:12 (24-26, 28, 30): Iron Butterfly And Condor Slices by Tony Saliba and Joe Corona","description":"Iron Butterfly And Condor Slices by Tony Saliba and Joe Corona\u003cbr\u003e\u003cbr\u003eThis option strategy may be effective when the market is\ntransitioning from trending to trendless.\u003cbr\u003e\u003cbr\u003eMarkets, market sectors, and individual stocks can cycle between states of price balance and imbalance. An underlying market, market sector, or stock is in a state of price balance when there is equilibrium between buyers, sellers, and the underlying market moves in a trendless or sideways fashion. A market is in a state of price imbalance when buyers overwhelm sellers and prices trend higher, or sellers overwhelm buyers and prices trend lower. An imbalanced (trending) market will eventually reach a price where sufficient buying or selling is attracted to correct the imbalance and the market will begin to move in a trendless fashion until the next event pushes it into imbalance, and the process starts over.\u003cbr\u003e\u003cbr\u003eCapturing and profiting from the transition from a trending\nmarket to a trendless market is a tricky business. Expressions such as the trend is your friend, never try to pick the top, and never catch a falling knife can be found in most trading literature (and overheard in the bars near the exchanges). However, these common expressions tend to apply more to trading the underlying stocks or futures than options on those stocks or futures.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133973328241,"sku":"\\V26\\C12\\232SALI.pdf","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_ef77d6e0-e92c-4121-ac63-d9645d704813.jpg?v=1739659725"},{"product_id":"stcov26185le","title":"Stocks \u0026 Commodities V. 26:6 (10-14, 85): Letters To S\u0026C by Technical Analysis, Inc.","description":"Letters To S\u0026amp;C by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eOPTION CREDIT SPREADS\u003cbr\u003e\u003cbr\u003eEditor,\u003cbr\u003e\u003cbr\u003eI just read Sam Bhugaloos article on\noption credit spreads in the STOCKS \u0026amp;\nCOMMODITIES annual Bonus Issue. The\narticle was well written, easily understood,\nand fascinating. I would like to\nknow if there are any other articles\navailable by the same author.\nI have a question relating to the article:\nWhen trading option credit spreads\non commodities, how many front months\nshould I be considering?\u003cbr\u003e\u003cbr\u003eJACQUES\u003cbr\u003e\u003cbr\u003eSam Bhugaloo replies:\u003cbr\u003e\u003cbr\u003eI am pleased you enjoyed the article.\nWhen trading bull put option credit\nspreads or bear call option credit\nspreads, you should consider the commodities\nwith 5090 days expiration.\nRemember that time decay is your friend,\nso you dont want to trade months that\nare too near or too far out.\u003cbr\u003e\u003cbr\u003eI have had two articles published\npreviously in S\u0026amp;C magazine: The\nPower Of Implied Volatility (July 2006)\nand Watch The Commercials (October\n2006). I believe both of these articles\ncan be purchased from the STOCKS\n\u0026amp; COMMODITIES online store at\nwww.Traders.com.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133974933873,"sku":"\\V26\\C06\\100LETT.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_5dcc70b1-b71c-4bef-b929-17006b3bed26.jpg?v=1739659845"},{"product_id":"stcov26321ce","title":"Stocks \u0026 Commodities V. 26:9 (34-41): The 21st Century Technician by Henry “Hank\" Pruden, PhD","description":"The 21st Century Technician by Henry Hank Pruden, PhD\u003cbr\u003e\u003cbr\u003e\nA transition to a new paradigm for\nmarket analysis and action may be\nunder way and it may be a\ncentury old.\u003cbr\u003e\u003cbr\u003eExpect the professional\ntechnician of the 21st\ncentury to acquire\nmany of the attributes\nof the Wall Street technicians\nand traders from 100 years ago. Pattern recognition,\nintuition, judgment, and a feel for\nmarkets and people will become the\ndistinguishing attributes that the technician\nmay cultivate in order to secure\nan edge in 21st-century trading.\u003cbr\u003e\u003cbr\u003eThe theme of pattern, intuition,\njudgment, and feel may clash with\nthe scientific information technology\napproach to technical analysis that is\ncurrently in vogue. But there are reasons\nto believe that a transition to a\nnew paradigm for market analysis\nand action is under way. Anthony\nTabell and Daniel Pink are on the\nforefront of those who believe this.\u003cbr\u003e\u003cbr\u003eVIEWS OF TONY TABELL\u003cbr\u003e\u003cbr\u003eDuring an address to the Society for\nthe Investigation of Recurring Events\n(SIRE) in the early 1990s, Tony\nTabell, a third-generation technician,\nconcluded that with the arrival of\nnew thinking on Wall Street (for\nexample, the rise of behavioral finance\nand chaos theory), the technician\nof the new era will hearken back\nto the old-time technicians who\nworked on Wall Street in the early\npart of the 20th century. Tabell went\non to define several important characteristics\nof the old-time technicians\nthat can be used as instructive\nguides for todays professional technical analyst: intuitive,\ndeterministic, contrary, apocalyptic (Figure 1).","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133976736113,"sku":"\\C26\\C09\\174PRUD.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_9885a6c7-3485-4600-b8c3-22f44812777f.jpg?v=1739659964"},{"product_id":"stcov261leto7","title":"Stocks \u0026 Commodities V. 26:12 (10-12): Letters To S\u0026C by Technical Analysis, Inc.","description":"Letters To S\u0026amp;C by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eMAC SOFTWARE REVISITED\u003cbr\u003e\u003cbr\u003eEditor,\u003cbr\u003e\u003cbr\u003eIn your September 2008 Letters To S\u0026amp;C column, letter-writer John Hammerstrom inquired about programs available for\nApple Macintosh computers.\u003cbr\u003e\u003cbr\u003eI am writing to let readers know about a software program called Parallels Desktop for Mac, which sells for less than $100. This program creates a parallel environment within the Mac that runs any Windows-based program. I use Parallels\nnightly to run my Worden and Advanced GET programs; its wonderful.\nMERRILL S. LICHTENFELD\u003cbr\u003e\u003cbr\u003eThank you for writing in with your suggestion.Editor","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133978046833,"sku":"\\V26\\C12\\229LETT.pdf","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_5f31a060-f080-4753-9e57-f208a95d359f.jpg?v=1739660062"},{"product_id":"stcov262styo","title":"Stocks \u0026 Commodities V. 26:9 (20-21): Streamline Your Trading Routine by Dave Mabe","description":"Streamline Your Trading Routine by Dave Mabe\u003cbr\u003e\u003cbr\u003eBecome a more profitable and\nefficient trader by automating your\ntrading. Find out how.\u003cbr\u003e\u003cbr\u003eHow many times have you been\ntrading and come across a\ngreat entry price, only to have\nthe price cruise on by before you can get your order in? Worse, you\ndiscover you were just seconds too late\non your trade of the day as the price is\nalready extended beyond your entry\npoint. This is a frequent event in a\ntraders life and can often lead to frustration,\nwhich can cloud your thinking\nand even result in overtrading.\nWhen Im too late to get in on what\nI think would have been a great trade,\nI used to get frustrated. Now I take a\nmethodical approach to analyzing\ntrades I miss by answering the following\nquestions:\u003cbr\u003e\u003cbr\u003e1. Was this a trade I could have\nreasonably seen in time to trade\nit? No matter how efficient your\ndaily routine, youll always miss\nsome trades.\u003cbr\u003e\u003cbr\u003e2. Given my current trading routine,\nis this a trade I should have\nseen in time? If so, why didnt I?\u003cbr\u003e\u003cbr\u003e3. Is there part of my daily trading\nroutine that I could make more\nefficient so I can be prepared for\nmore trades like this?\u003cbr\u003e\u003cbr\u003eAnswering these questions turns a\nfrustrating event into an opportunity to\nimprove. One of my goals as a discretionary\ntrader is to use automation to\nstreamline my daily trading routine as\nmuch as possible. There are a variety of aspects of your trading routine that can be streamlined\nand in many cases completely automated.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133978079601,"sku":"\\V26\\C09\\171MABE.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_857266ac-da6f-462c-8857-4d765cf9ffb7.jpg?v=1739660064"}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/collections\/volume-26-2008-19.gif?v=1739677674","url":"https:\/\/shop.traders.com\/collections\/volume26\/issue-12.oembed","provider":"Stocks \u0026 Commodities","version":"1.0","type":"link"}