{"title":"Volume 32 (2014)","description":"\u003cp\u003eBrowse Volume 32 (2014) articles by issue:\u003c\/p\u003e\u003cdiv style=\"display:grid;grid-template-columns:repeat(4,minmax(0,1fr));gap:10px;text-align:center;\"\u003e\n\u003ca href=\"?constraint=issue-01#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1401_Minicover.gif\" alt=\"Volume 32 January cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eJanuary\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-02#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1402_Minicover.gif\" alt=\"Volume 32 February cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eFebruary\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-03#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1403_Minicover.gif\" alt=\"Volume 32 March cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eMarch\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-04#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1404_Minicover.gif\" alt=\"Volume 32 April cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eApril\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-05#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1405_Minicover.gif\" alt=\"Volume 32 May cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eMay\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-06#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1406_Minicover.gif\" alt=\"Volume 32 June cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eJune\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-07#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1407_Minicover.gif\" alt=\"Volume 32 July cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eJuly\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-08#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1408_Minicover.gif\" alt=\"Volume 32 August cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eAugust\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-09#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1409_Minicover.gif\" alt=\"Volume 32 September cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eSeptember\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-10#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1410_Minicover.gif\" alt=\"Volume 32 October cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eOctober\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-11#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1411_Minicover.gif\" alt=\"Volume 32 November cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eNovember\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-12#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1412_Minicover.gif\" alt=\"Volume 32 December cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eDecember\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-13#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1413_Minicover.gif\" alt=\"Volume 32 Bonus Issue cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eBonus Issue\u003c\/div\u003e\u003c\/a\u003e\n\u003c\/div\u003e","products":[{"product_id":"stcov32660ro","title":"Stocks \u0026 Commodities V. 32:9 (62, 60–61): The Roots Of Periodicity by Richard J. Johnson","description":"The Roots Of Periodicity by Richard J. Johnson\u003cbr\u003e\u003cbr\u003eSquaring The Squiggles\u003cbr\u003e\u003cbr\u003eIt may seem ancient, it may seem complex; but it works and its simple. Heres a look at how to analyze the markets using an insight gleaned from thinking about W.D. Ganns squaring of price and time technique.\u003cbr\u003e\u003cbr\u003eLegendary trader, mystic, and early market technician W.D. Gann frequently stated that one of the secrets to analyzing the markets was the squaring of price and time. What he meant by this has flummoxed technicians for decades. While there are some who offer this or that theory to answer for the mystery, no one today is certain what he really meant.\u003cbr\u003e\u003cbr\u003eWILL WE EVER KNOW?\u003cbr\u003e\u003cbr\u003eI offer no answer either. But thinking about it has encouraged me to slide over into a different angle of the issue, and, distinct from what Gann was probably thinking, propose that we can indeed kind of square price and time. I will do this by using the price to assign periodicity for the lookback periods utilized in two common indicators.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133907300721,"sku":"V32C09_853ATCR","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_ff3179c9-53ac-4c1b-998f-43978852beb5.jpg?v=1739656447"},{"product_id":"stcov321exch1","title":"Stocks \u0026 Commodities V. 32:9 (18–23): Exploring Charting Techniques: Creating A Trading Strategy Part 3 by Sylvain Vervoort","description":"Exploring Charting Techniques: Creating A Trading Strategy Part 3 by Sylvain Vervoort\u003cbr\u003e\u003cbr\u003eSit Back And Relax\u003cbr\u003e\u003cbr\u003eCreating our own indicators and turning them into a trading strategy is something all technical analysts strive to do. Unfortunately, a lack of programming skills can often discourage us from accomplishing this. But there are ways to get around it. Heres one way to create and backtest an indicator without writing any code.\u003cbr\u003e\u003cbr\u003eIf you are a devout reader of this magazine, then I can confidently say that you likely have your own ideas for creating custom indicators and turning standard and custom indicators into a trading strategy. Ideally, these ideas would first be backtested on historical data and possibly run in full autotrading mode. Wouldnt that be magnificent?\u003cbr\u003e\u003cbr\u003eOf course, having an idea is one thing, but turning it into an executable piece of program is a different ballgame. In this article, I will create a combined indicator and a backtesting strategy, and I will do this without using a programming language.\u003cbr\u003e\u003cbr\u003eTHE BASIC TRADING IDEA\u003cbr\u003e\u003cbr\u003eFirst, please note that the purpose of this article is to provide an example of one way to create indicators and trading strategies without writing programming code. Thus, the indicators and strategies shown here are for educational purpose only.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133909135729,"sku":"V32C09_840VERV","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_5e5b3cdd-7c5c-4647-a959-65753fc3a6fa.jpg?v=1739656547"},{"product_id":"stcov322bofo","title":"Stocks \u0026 Commodities V. 32:6 (27): Books For Traders by Technical Analysis, Inc.","description":"Books for Traders by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eThe following selection of book descriptions represents a sampling of recent book releases in the investing field. Books described here may be from some of the major book publishers as well as some independent book publishers. These are not critical reviews or editorial evaluations, but rather a brief look at the book marketplace to help keep readers up to date on new or recent book offerings.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133912314225,"sku":"V32C06_791BOOK","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_9b2a143e-8cdf-4e7b-8ea7-4f78686d37ec.jpg?v=1739656758"},{"product_id":"stcov321trsi","title":"Stocks \u0026 Commodities V. 32:5 (16-23): Trading Signals With Darknet Channels by John Broussard and Jay Kaeppel","description":"Trading Signals With Darknet Channels by John Broussard and Jay Kaeppel\u003cbr\u003e\u003cbr\u003eI Can See You!\u003cbr\u003e\u003cbr\u003eHow can patterns not be visible to the naked eye when the chart is in front of you? Youll be surprised. Heres a process that identifies such patterns and identifies trading signals.\u003cbr\u003e\u003cbr\u003eTechnical indicators use past stock data to generate buy and\/or sell signals in the stock. Two well-known technical indicators are moving average crossovers and moving average convergence\/divergence (MACD). But there is a lag between price action and the buy \u0026amp; sell signals that these indicators generate. Our goal is to use price pat-tern matching to come up with a method that has the potential to generate buy \u0026amp; sell signals with little or no lag. This involves comparing known bullish and bearish patterns against the latest stock data, and as soon as the pattern is recognized, a buy or sell signal will be generated.\u003cbr\u003e\u003cbr\u003eIn this article, we will detail a process for objectively identifying buying opportunities in tradable securities using a mathematical process that we refer to as Darknet. This process has been dubbed Darknet because it identifies a trade pattern in a bar chart that is hidden from direct view; that is, not visible to the naked eye. This pattern-finding method can be used to identify trading signals for any tradable security or call option on a security.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133914083697,"sku":"V32C05_772BROU","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_4ee490f1-7b2c-459b-a826-0ddc4700031e.jpg?v=1739656883"},{"product_id":"stcov322lito","title":"Stocks \u0026 Commodities V. 32:13 (25): Listening To The Market by Danish Kapur","description":"Listening To The Market by Danish Kapur\u003cbr\u003e\u003cbr\u003eHello, Can You Hear Me?\u003cbr\u003e\u003cbr\u003eAre there ways that investors can listen to what the market may be trying to tell us?\u003cbr\u003e\u003cbr\u003eMake no mistake about it: When the market is about to change course, it is not going to call you and tell you of its plans. However, there are ways that investors can listen to what the market may be trying to tell us.\u003cbr\u003e\u003cbr\u003eWhat are the signs? Are there any obvious clues that we should pa1y attention to that are signaling a change in the markets? Maybe youve encountered some of these situations before: Analysts start talking about how a particular company will do 30 or 40 years from now. People start assuming that a particular company will grow larger than all other companies in its sector combined. Investors start fantasizing that an unprofitable company with outrageously high valuations will soon be generating huge profits. Everyone starts thinking that the conventional wisdom and methods of evaluation no longer work. People start borrowing money at an astonishingly high rate to invest in incredibly overvalued stocks. But here is where you should stop and listen; when these types of scenarios start occurring, its a good indication that the market is saying something. Those who continue to ignore its message will most likely soon pay a heavy price.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133914149233,"sku":"V32C13_747KAPU","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_ecfd4d12-739a-490a-92b1-c9ed1f5ddb09.jpg?v=1739656886"},{"product_id":"stcov323flbr","title":"Stocks \u0026 Commodities V. 32:2 (32-37): Flatliners Breaking Out by Dirk Vandycke","description":"Flatliners Breaking Out by Dirk Vandycke\u003cbr\u003e\u003cbr\u003eAfter The Storm\u003cbr\u003e\u003cbr\u003eWe cant predict the future, but we can get telltale information from charts. Heres\none possible setup that gives you an idea about price direction.\u003cbr\u003e\u003cbr\u003eAs the markets evolve and lead us to believe they are different today than in the\npast, it can be like a breath of fresh air to read one of the classic books on the\nfinancial markets. One book I find useful is Secrets For Profiting In Bull And Bear Markets by Stan Weinstein.\nAlthough this book was published\nin 1988, I feel it is a must-read for\nany self-respecting investor or\ntrader. One of the reasons I like it\nis that it throws out all complexity\nin looking at the markets. It\neven dares to zoom out, looking\nat longer-term charts and goals \nsomething the newer generation of\ntraders seem to have forgotten in\ntodays never-ending arms race for\never more and faster information.\nThat quest for speed at least partly\nsuggests a susceptibility to some\nillusionary control.\u003cbr\u003e\u003cbr\u003eThe setup I will discuss takes\nWeinsteins phase model and\nsuperimposes it on my quantified\nsystem dynamics model. My\nsystem dynamics model states\nthat financial markets, like any\ndynamic system, are subject to\ncycles, gravity, inertia, power laws\nand, most important for the setup\nin this article, capacity.\u003cbr\u003e\u003cbr\u003eThe phase model\u003cbr\u003e\u003cbr\u003eEvery equity, at various times,\ngoes through one of four phases.\nThe first phase, which Weinstein\nrefers to as the basing area, is\nmore commonly known as the\naccumulation phase. This is where\nthe public quickly loses interest in\na stock or market. In this phase,\nmoney ebbs, resulting in lackluster\nactivity and shrinking volatility\nand with it, more often than not,\nthe waning of liquidity. It is the\ninstitutional long-term investors\nwho accumulate stock during this\nphase, since they are willing to sit\nthings out, often by necessity. They\ntake shares out of the hands of the\ncrowd who throw in the towel and\nwant out.\u003cbr\u003e\u003cbr\u003eIn the second phase, called the\nadvancing phase or uptrend, the\ncrowd comes back. This may be\ninitiated by marketing efforts of\nthe accumulators from the previous\nphase. In this phase, youll\nsee higher lows and higher highs.\nWhen enough money has come\ninto the market, theres almost nobody left holding cash to pay\nhigher prices. Thats where the heavy\ndistribution of stock from the small\ngroup into the hands of the crowd,\nwhich started the uptrend, comes to\nan end. Youll see higher volatility\nas the last ones are trying to get in\non the action and the distributors\nsupport their own prices as they sell\ntheir positions. This is called the top\narea or distribution end.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133916082545,"sku":"V32C02_714VAND","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_d4855b63-df03-4f94-afd1-0e71417386d2.jpg?v=1739657053"},{"product_id":"stcov323frgr","title":"Stocks \u0026 Commodities V. 32:12 (32-37): From Greed \u0026 Fear To Grow \u0026 Protect by Allen Rehert, PhD","description":"From Greed \u0026amp; Fear To Grow \u0026amp; Protect by Allen Rehert, PhD\u003cbr\u003e\u003cbr\u003eA Different Path\u003cbr\u003e\u003cbr\u003eWhen the markets are rallying, little thought is given to protecting your assets. But what happens when the markets turn and start quickly moving down? In this first part of a two-part series, find out how this author follows a set of guidelines to protect his investments.\u003cbr\u003e\u003cbr\u003eIn November 2004, I wrote an article about using monthly covered calls on the SPDR Dow Jones Industrial Average ETF (DIA). I set the strike price using asymmetry of implied volatility and price reversion to the mean to create a hedge against market declines. This approach worked well during 200507, as did most bullish strategies. Then came 2008, which included a market decline. and this exposed significant weaknesses in the strategy. I started anew with a clean sheet of paper and developed a strategy based on nonstatistical rules that targeted 10% annual growth. In this article, I will describe the resulting strategy.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133916115313,"sku":"V32C12_895REHE","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_d57615ff-5fe1-486f-b3f9-ab9fb4c5facc.jpg?v=1739657055"},{"product_id":"stcov3255860","title":"Stocks \u0026 Commodities V. 32:11 (54–56, 58, 60): Traders' Tips by Technical Analysis, Inc.","description":"Traders Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eFor this months Traders Tips, the focus is mainly Sylvain Vervoorts article in this issue issue, Price Projections which is part 5 of his Exploring Charting Techniques series. Here we present the November 2014 Traders Tips code with possible implementations in various software.\u003cbr\u003e\u003cbr\u003eCode for NinjaTrader was already provided with Vervoorts article by the author. S\u0026amp;C subscribers will find that code at the Subscriber Area of our website, www.Traders.com. (Click on S\u0026amp;C Article Code from the homepage.) Presented here is an overview of some possible implementations for other software as well.\u003cbr\u003e\u003cbr\u003eTraders Tips code is provided to help the reader implement a selected technique from an article in this issue or another recent issue. The entries here are contributed by various software developers or programmers for software that is capable of customization.\u003cbr\u003e\u003cbr\u003eReaders will find the November 2014 Traders Tips code and formulas at our website, Traders.com, in the Traders Tips area. Here, you can read some discussion of the techniques implementation by the Traders Tips contributors as well as some example charts.\u003cbr\u003e\u003cbr\u003eTo locate Traders Tips at our website, Traders.com, click on the Traders Tips link from our HomeS\u0026amp;C Magazine menu at the top of the home page, or scroll down to the Current articles section and click on the Traders Tips tab.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133916148081,"sku":"V32C11_883TIPS","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_ecc12748-d976-4fe5-9650-80cb1a6be668.jpg?v=1739657058"},{"product_id":"stcov3255861","title":"Stocks \u0026 Commodities V. 32:8 (53-56, 58, 61): Traders' Tips by Technical Analysis, Inc.","description":"Traders Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eFor this months Traders Tips, the focus is John Ehlers article in this issue, The Quotient Transform. Here we present the August 2014 Traders Tips code with possible implementations in various software.\u003cbr\u003e\u003cbr\u003eCode for TradeStation is already provided in Ehlers article. S\u0026amp;C subscribers will find that code at the Subscriber Area of our website, www.Traders.com. (Click on S\u0026amp;C Article Code from the Home menu.) Presented here is an overview of some possible implementations for other software as well.\u003cbr\u003e\u003cbr\u003eTraders Tips code is provided to help the reader implement a selected technique from an article in this issue or another recent issue. The entries are contributed by various software developers or programmers for software that is capable of customization.\u003cbr\u003e\u003cbr\u003eReaders will find the August 2014 Traders Tips code and formulas at our website, Traders.com, in the Traders Tips area. Here, you can read some discussion of the techniques implementation by the Traders Tips contributors as well as some example charts.\u003cbr\u003e\u003cbr\u003eTo locate Traders Tips at our website, Traders.com, click on the Traders Tips link from our HomeS\u0026amp;C Magazine menu at the top of the home page, or scroll down to the Current articles section and click on the Traders Tips tab.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133916180849,"sku":"V32C08_834TIPS","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_f8d50b97-5a59-4e2a-a056-e621216e7ed5.jpg?v=1739657060"},{"product_id":"stcov321fufo","title":"Stocks \u0026 Commodities V. 32:1 (15): Futures For You by Carley Garner","description":"Futures For You by Carley Garner\u003cbr\u003e\u003cbr\u003eSTRANGLING FOR PROFITS? (PART 1)\u003cbr\u003e\u003cbr\u003eIf strangle traders can make money\nregardless of market direction, doesnt\nit provide the best odds of success?\u003cbr\u003e\u003cbr\u003eThe term strangle is somewhat ambiguous\nin that it can be applied to long\noptions, short options, and even futures\nstrategies. Accordingly, I feel like this\nquestion is best answered by addressing\nall three approaches. In order to do the\ntopic justice, well need to extend this\ndiscussion to my next two columns in the\nFebruary and March 2014 issues.\u003cbr\u003e\u003cbr\u003eWell begin with the strategy of buying\noption strangles. This includes the\nsimultaneous purchase of a call and a\nput option with out-of-the-money strike\nprices. If youre not familiar with options,\na call option is the right to buy the\nunderlying futures contract at a specific\ndate and time in the future at a specific\nprice (referred to as the strike price). A\nput option is simply the right to sell a\nfutures contract at the strike price of the\noption at a specified point in the future.\nBuying a call is a bullish proposition,\nwhile buying a put is bearish. Thus,\nthe purchase of both creates a neutral\nstrategy that anticipates a large move\nin one direction or the other.\u003cbr\u003e\u003cbr\u003eNaturally, owning the right to buy or\nsell the underlying futures contract at a\nspecified price in the future comes at a\ncost. Buyers of these options must pay\na premium to the sellers to acquire the\nright. This is the same concept the insurance\nindustry operates on; the insured\npay a premium to the insurer for the right\nto benefits should a certain event occur\nin the future. Most of the time, an event\nthat triggers a claim does not occur and\nthe policy seller (the insurance company)\nkeeps the premium.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133917753713,"sku":"V32C01_691GARN","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_d25fc8b1-95a0-4335-a791-91523eb39635.jpg?v=1739657162"},{"product_id":"stcov321fufo1","title":"Stocks \u0026 Commodities V. 32:5 (15): Futures For You by Carley Garner","description":"Futures For You by Carley Garner\u003cbr\u003e\u003cbr\u003eNEW DATA FEES\u003cbr\u003e\u003cbr\u003eWhat will the new CME data fees mean to retail traders?\u003cbr\u003e\u003cbr\u003eThroughout my decade in the futures industry, the CME Group (and one of its predecessors, the Chicago Mercantile Exchange) has made relentless strides in technology; the organizations efforts have been incremental in the process of bringing the futures markets to the masses. However, recent actions taken by the CME Group will likely force the commodity industry to take a few steps in the opposite direction. Higher fees for traders, but more notably, nearly crippling costs for brokerage firms and platform vendors might leave an already struggling industry in dire straits.\u003cbr\u003e\u003cbr\u003eData fees charged to retail traders (nonprofessional)\u003cbr\u003e\u003cbr\u003eMuch to the dismay of industry insiders, on March 1, 2014, the CME began to en-force its new data fee policy to any newly opened trading account that qualifies as nonprofessional.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133919162737,"sku":"V32C05_771GARN","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_dc2732c5-7a19-4cf5-ae03-069131311e22.jpg?v=1739657271"},{"product_id":"stcov324bofo1","title":"Stocks \u0026 Commodities V. 32:8 (43): Books For Traders by Technical Analysis, Inc.","description":"Books For Traders by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eThe following selection of book descriptions represents a sampling of recent book releases in the investing field. Books described here may be from some of the major book publishers as well as some independent book publishers. These are not critical reviews or editorial evaluations, but rather a brief look at the book marketplace to help keep readers up to date on new or recent book offerings.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133919195505,"sku":"V32C08_829BOOK","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_90c47fdc-546b-41a7-88fa-4de9996ad2d9.jpg?v=1739657274"},{"product_id":"stcov325prre","title":"Stocks \u0026 Commodities V. 32:1 (52-54): Product review: Prime Trade Select by Technical Analysis Inc.","description":"Product review: Prime Trade Select by Technical Analysis Inc.\u003cbr\u003e\u003cbr\u003eMetaStock\u003cbr\u003e\u003cbr\u003e90 South 400 West, Suite 620, Salt Lake City, UT 84101\u003cbr\u003e\u003cbr\u003ePhone: sales 800 508-9180;\nsupport 801 265-9998\u003cbr\u003e\u003cbr\u003eEmail: Sales@metastock.com,\nsupport@metastock.com\u003cbr\u003e\u003cbr\u003eWebsite: MetaStock.com\u003cbr\u003e\u003cbr\u003eSystem requirements: Windows 7\n(Service Pack 1), Windows Vista (SP\n1), Windows XP (SP 3 or higher) Professional\nedition; Intel Core 2 Duo 2.4\nGHz or higher processor; 2 GB RAM\n(4 GB recommended); 750 MB hard\navailable hard disk space; 256 KB upload\nand download Internet connection\u003cbr\u003e\u003cbr\u003eProduct: MetaStock add-on to help\nidentify trading candidates\nPrice: $499 ($399 with some\npromotions)\u003cbr\u003e\u003cbr\u003ePrime Trade Select (PTS) is\nan add-on for version 12 of\nMetaStock that identifies\nhigh-probability trades. Its objective is\nto give you a list of stocks and\/or ETFs\nto buy or short. The exit and stop-loss\nstrategies might keep you in a stock for\nseveral weeks or just a day or two. The\ndeveloper of PTS, Chuck Hughes, has\nhad over 25 years of experience trading\nstocks, commodities, currencies, and\noptions. Hughes is known for his trendfollowing\nand option-trading strategies.\nHughes is also the author and\/or coauthor\nof several books, including The Weekly\nOptions Advantage: Your Secret For\nSimple High-Profit Trades and Global\nTrend Power System.\u003cbr\u003e\u003cbr\u003eOverview\u003cbr\u003e\u003cbr\u003eThe add-on comes with two explorations,\nindicators to show where exits\nand stop-losses are recommended, two\ntemplates, and two experts. The system\nfirst identifies stocks or exchange traded\nfunds (ETFs) in an uptrend based on\nthe 50-day exponential moving average\n(EMA) being greater than the 100-day\nEMA, or a downtrend based on the 50-\nday EMA being less than the 100-day\nEMA. To confirm the trend, two events\nshould have occurred: for long positions,\nthe current 14-period on-balance volume\n(OBV) needs to be greater than the same\nOBV six months ago, and the stock\/ETF\nmust have made a 52-week high within\nthe last six months. The converse would\napply for short positions.\u003cbr\u003e\u003cbr\u003eWhen these conditions are satisfied,\nit becomes a matter of entering your\npositions. For a long entry, you could\nuse Keltner channels, which are created\nby using a 20-day EMA for the middle\nline and two average true range (ATR)\nvalues above and below the middle line\nfor the upper \u0026amp; lower channel lines.\nIts the use of the Keltner channels that\nprovides two different approaches within\nPTS basic and high probability. If\nyou use the basic approach, PTS price\ncan close either on or below the middle\nof the channel, but if you are using the\nhigh-probability PTS, the close must be\nbelow the lower channel line. Another\ndifference that exists between the two\napproaches is that for high-probability\nPTS, the 52-week high is within the last\neight weeks, whereas for basic PTS, its\nwithin the last four weeks.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133919228273,"sku":"V32C01_700PRPR","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_f0281275-d8f2-4457-b768-86f2ca323f9b.jpg?v=1739657276"},{"product_id":"stcov323exyo","title":"Stocks \u0026 Commodities V. 32:1 (39): Explore Your Options by Tom Gentile","description":"Explore Your Options by Tom Gentile\u003cbr\u003e\u003cbr\u003eNEW TWIST ON AN OLD STRATEGY\u003cbr\u003e\u003cbr\u003eDogs of the Dow is a stock-picking strategy\ndevoted to selecting high-dividend stocks.\nOver time, the dogs of the Dow have yielded\nabout 50% more per year on average than\nsimply buying the Dow Jones Industrial\nAverage (DJIA). The questions are, will\nthis trend continue, and is there safety in\nbuying the dogs in the case that the market\npulls back in the future?\u003cbr\u003e\u003cbr\u003eInvesting in the dogs of the Dow is relatively\nsimple. After the stock market closes\non the last day of the year, of the 30 stocks\nthat make up the DJIA, select the 10 stocks\nwith the highest dividend yield. The strategy\ninvolves investing equal dollar amounts in\neach stock that qualifies as a dog. Then you\nhold these 10 dogs for one year.\nRepeat this task every year. It\ncant get any simpler than that.\u003cbr\u003e\u003cbr\u003eThe safety is in the dividend\nyields, and with the market having\na great year, its surprising\nthat there are still great dividends\nto be had. There are a few that\nI like for more than that reason,\nthough. Of the 10 dog stocks,\ntake a look at the cheapest five,\nwhich are called the puppies of\nthe Dow, or the small dogs. They offer a\nlower stock price, and are considered safer\nfor that reason. The investment strategy\nis no different from the dogs of the Dow\nstrategy. Lets look at the dogs over the past\nyear, as well as their dividend return from\nthe start of 2013.\u003cbr\u003e\u003cbr\u003eThe 10 stocks listed in Figure 1 are ranked\nby dividend return for the year going forward.\nThe small dogs in the far right column are\nnoted by a yes in their prospective box. And\nthough 2013 was a stellar year for the stock\nmarket overall, the dogs still outperformed!\nAs of this writing, big dogs were returning\n3% more than the DJIA itself, while small\ndogs were returning nearly 8% more for\nthe year.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133922767217,"sku":"V32C01_696GENT","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_0e698b8f-7326-494d-b0ff-77e43a9ee9ca.jpg?v=1739657497"},{"product_id":"stcov323treu","title":"Stocks \u0026 Commodities V. 32:6 (32-35): Trading Eurodollar One-Minute Bar Charts, Part 1 by Dennis Meyers, PhD","description":"Trading Eurodollar One-Minute Bar Charts, Part 1 by Dennis Meyers, PhD\u003cbr\u003e\u003cbr\u003eBreaking Beyond\u003cbr\u003e\u003cbr\u003eHow do you determine when a price trend starts? The velocity of price movement can have something to do with it. Heres one way you can measure volatility.\u003cbr\u003e\u003cbr\u003eMany times, prices meander without any notable trend, and this is considered noise. During these times, you dont want to trade because of the cost of whipsaw losses that would occur from this type of price action. When a price trend finally starts, the velocity of that price trend moves above a minimum threshold noise value.\u003cbr\u003e\u003cbr\u003eIn this article, I will introduce my nth-order fading memory polynomial velocity concept. The reasoning behind this type of system is to only trade when the price trend velocity is above a certain threshold.\u003cbr\u003e\u003cbr\u003eThe velocity-based system that I will use in this article to trade the eurodollar futures contract is called the nth-order fading memory adaptive polynomial (FADM) velocity strategy. The word adaptive is used because the polynomial inputs change over time, adapting to the changing trading patterns of the eurodollar futures contract. The nth-order fading memory adaptive polynomial velocity strategy has a number of unknown inputs that need to be determined before using this strategy to trade. These unknown inputs to the fading memory polynomial are the polynomial order; the optimum number of prices you need to determine the coefficients of the polynomial; and the velocity thresholds. Thus, the velocity system would only issue a trade when certain velocity thresholds above noise levels are crossed.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133926601073,"sku":"V32C06_794MEYE","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_c45f65f1-f9ac-4a74-807e-d4b45cd3a784.jpg?v=1739657717"},{"product_id":"stcov328leto5","title":"Stocks \u0026 Commodities V. 32:8 (8-9): Letters To S\u0026C by Technical Analysis, Inc.","description":"Letters To S\u0026amp;C by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eCHARTMILL INDICATOR\u003cbr\u003e\u003cbr\u003eEditor,\u003cbr\u003e\u003cbr\u003eI recently read the interesting article series in your magazine by Dirk Vandycke regarding intrinsic divergences for detecting contraction before expansion (The Chartmill Value Indicator, Part 1, January 2013 S\u0026amp;C, with parts 2 and 3 following in the February and March 2013 issues). I found the series very interesting and I have visited Vandyckes site to take a look at the indicators. His articles mention that the indicators response is recommended in those instruments in which it has been proven to work in the past.\u003cbr\u003e\u003cbr\u003eIs there any guidance regarding the instruments in which this indicator has been backtested successfully? Maybe regarding the kind of instruments in which it behaves more accurately?\u003cbr\u003e\u003cbr\u003eJorge\u003cbr\u003e\u003cbr\u003eAuthor Dirk Vandycke replies:\u003cbr\u003e\u003cbr\u003eThank you for the praise for my articles.\u003cbr\u003e\u003cbr\u003eI have been using the indicators as they are (in my software, Chartmill) for three years now and they have provided me with nice trading opportunities.\u003cbr\u003e\u003cbr\u003eTo me, the most interesting backtest was the one showing early signals from those indicators, as mentioned in my articles. As such, I use the signals to put in technical buy stops, getting me in early.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133928108401,"sku":"V32C08_820LETT","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_23aeac7d-0e9c-4794-8089-8b6b43b0dd93.jpg?v=1739657829"},{"product_id":"stcov323napr","title":"Stocks \u0026 Commodities V. 32:3 (38–39): Navigating Price Mountains by Thomas Bulkowski","description":"Navigating Price Mountains by Thomas Bulkowski\u003cbr\u003e\u003cbr\u003eSee You At The Top\u003cbr\u003e\u003cbr\u003eWhen stock prices start climbing or forming a price mountain, its tempting to want to get in on the action. But should you buy a stock thats forming a mountain?\u003cbr\u003e\u003cbr\u003eLet me tell you a fictitious story about Basketcase Bob. On August 28, 2000, he bought stock in Intel (INTC) and received a fill at $75.81, the very high for the day, the year, and for the history of the stock. I show his theoretical purchase in Figure 1 (point A). At that time, the stock market was soaring, especially semiconductor stocks, and he wanted a part of the action.\u003cbr\u003e\u003cbr\u003eWhen he checked the stock on October 11, 2000 about six weeks later (point B), the stock had bottomed at $35. Its down too far now. As soon as I get my money back, Im selling, he said to himself. Perhaps you have uttered similar words in similar circumstances. If others buy near the same price, and sell as soon as they get their money back, their collective behavior forms a chart pattern called a double top. That is two peaks near the same price with a decline afterward.\u003cbr\u003e\u003cbr\u003eLets return to Basketcase Bob. Question 1: How long will it be, on average, before he gets his money back? Ill answer that in a moment. Until then, consider another trade at point D on the chart in Figure 1.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133930828145,"sku":"V32C03_733BULK","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_cdfeaa00-f85a-4ea5-b2e3-73542c517c1c.jpg?v=1739657937"},{"product_id":"stcov324fufo","title":"Stocks \u0026 Commodities V. 32:6 (45): Futures For You by Carley Garner","description":"Futures For You by Carley Garner\u003cbr\u003e\u003cbr\u003eCASH-SETTLED FUTURES CONTRACTS\u003cbr\u003e\u003cbr\u003eWhat are cash-settled futures con-tracts? Are there any special considerations when trading them?\u003cbr\u003e\u003cbr\u003eBy definition, a futures contract is an agreement between a buyer and a seller to exchange the underlying asset at a specified price and at a specific date in the future. For example, the buyer of a December 2014 corn futures contract is agreeing to purchase 5,000 bushels of corn at contract expiration in the middle of December. The person on the other side of the trade, the seller of a December 2014 corn, is agreeing to make delivery to the buyer at that time. However, very few traders actually hold their futures contracts to expiration. Instead, they simply offset their position (by taking the opposite action that was taken to enter the trade) and move on to the next trading venture.\u003cbr\u003e\u003cbr\u003eBecause the typical futures contract represents an actual cash market transaction at its expiration, the futures price and cash price of the underlying commodity are tied closely together. In essence, this relationship is the glue that keeps market pricing fair and efficient (at least in the long run). Nevertheless, there are a handful of futures contracts that are not tied to a deliverable asset at expiration; these contracts are known as cash-settled futures contracts.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133930860913,"sku":"V32C06_797GARN","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_fb0772ff-9283-4afc-ae23-68d4f0a4992e.jpg?v=1739657940"},{"product_id":"stcov325qust","title":"Stocks \u0026 Commodities V. 32:4 (51-52): Quick-Scan: StockCharts University by Leslie N. Masonson","description":"Quick-Scan: StockCharts University by Leslie N. Masonson\u003cbr\u003e\u003cbr\u003eSTOCKCHARTS UNIVERSITY\u003cbr\u003e\u003cbr\u003eStockCharts.com\u003cbr\u003e\u003cbr\u003e11241 Willows Rd., Suite 140\nRedmond, WA 98052\u003cbr\u003e\u003cbr\u003ePhone: 425 881-2606\u003cbr\u003e\u003cbr\u003eInternet: www.stockcharts.com\u003cbr\u003e\u003cbr\u003eEmail: support@stockcharts.com\u003cbr\u003e\u003cbr\u003eProduct: Educational seminar covering features of StockCharts.com\u003cbr\u003e\u003cbr\u003eOn Friday, September 20, 2013, I attended the one-day course SCU 101 (at the Sentry Centers in New York City) presented by Chip Anderson, president and founder of StockCharts.com, and Greg Schnell, author of The Canadian Technician. This introductory course was specifically designed for users of the StockCharts.com website to help them maximize their working knowledge of the site. Through a combination of technical tools, market commentary, and educational material, the site aims to help users make high-quality investing decisions. The course focused entirely on explaining the key website features, nuances, and the numerous charting capabilities of the software. The website has been around since 1999 and many upgrades over the years have enhanced its usefulness and effectiveness.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133930893681,"sku":"V32C04_764QSST","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_bec06b26-bd02-4591-8e9f-16f5a1d27b0f.jpg?v=1739657943"},{"product_id":"stcov323fufo2","title":"Stocks \u0026 Commodities V. 32:12 (32): Futures For You by Carley Garner","description":"Futures For You by Carley Garner\u003cbr\u003e\u003cbr\u003eFORECASTING THE ECONOMIC PULSE\u003cbr\u003e\u003cbr\u003eWhat are fed funds futures contracts? Can they be used to predict future Fed moves?\u003cbr\u003e\u003cbr\u003eThe federal funds futures are derivative contracts written with the target overnight bank lending rate of the Federal Open Market Committee (FOMC) as the underlying asset. Accordingly, contract expiration months are based on scheduled Federal Reserve (Fed) meetings, as opposed to the typical quarterly expiration in financial futures. Not unlike any other futures contract, fed funds futures contracts can be bought or sold in any order as a speculative tool to bet on, or hedge, expectations of changes in the Federal Reserves target interest rate.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133936005489,"sku":"V32C12_897GARN","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_b96b394a-eda2-406b-a1f2-fa6f58e4257c.jpg?v=1739658196"},{"product_id":"stcov324exyo","title":"Stocks \u0026 Commodities V. 32:8 (48-49): Explore Your Options by Tom Gentile","description":"Explore Your Options by Tom Gentile\u003cbr\u003e\u003cbr\u003eGOLD \u0026amp; INFLATION\u003cbr\u003e\u003cbr\u003eQuestion of the month: If you believe the markets are due for a pullback, yet still pose a lot of risk, how can you play inflation if it creeps back in to the economy?\u003cbr\u003e\u003cbr\u003eOne word: gold. Gold has been a great play for inflation, and that its at lows while the market is at all-time highs tells us its acting more like a risk-off commodity, meaning that it moves inversely to the price of indexes.\u003cbr\u003e\u003cbr\u003eAs I write this, gold is trading at three-month lows and is one of the only sectors that are not moving higher as of mid-2014. Whats amazing is that almost everything else has been moving up in a period during which I expected a pullback for several reasons, including:\u003cbr\u003e\u003cbr\u003e Technically oversoldWow, where do I start? Most oscillating indicators such as moving average convergence\/divergence (MACD), stochastics, and various oscillators are in the sell zone for the indexes as I write this. Volume has been lagging as prices move higher, which is typically bearish, and even contrarian indicators, such as Elliott wave, and swing indicators, such as Fibonacci levels, suggest a lower move.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133936038257,"sku":"V32C08_832GENT","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_45290bc2-2db9-4131-8cde-fc5aaec04170.jpg?v=1739658198"},{"product_id":"stcov321pran","title":"Stocks \u0026 Commodities V. 32:1 (16-25): Predictive And Successful Indicators by John F. Ehlers, PhD","description":"Predictive And Successful Indicators by John F. Ehlers, PhD\u003cbr\u003e\u003cbr\u003eDistortions And Noise\u003cbr\u003e\u003cbr\u003eHave you ever thought about how the high-to-low\nprice swings increase as the time interval increases\non a chart? This tends to create more noise and\ndistorts indicators. Here are a couple of filters you\ncan incorporate into your trading system to smooth\ndata and remove indicator distortions.\u003cbr\u003e\u003cbr\u003eIndicators are typically constructed from filters\nof one kind or another. Since the price data basically\nconstitutes a stochastic process, and since\nthe filters can only use historical data and have no\ninsight into future data, there is no such thing as a truly\npredictive indicator. Predictions are usually made by\nother techniques such as extrapolating a trendline,\ncross-correlations such as volume leads price, or in\ncontext with another filter such as a divergence. All\nof these techniques are anecdotal.\u003cbr\u003e\u003cbr\u003eIn this article, I will show you how to carefully craft\nnovel filters to conquer the vagaries of market data,\nand how to combine them into advanced indicators.\nThen I will demonstrate how even advanced indicators\nfail if they are used in the conventional way. Then,\nusing measured probability density functions, I will\nshow how to make the indicators predictive with a\nhigh probability of success.\u003cbr\u003e\u003cbr\u003eNoise\u003cbr\u003e\u003cbr\u003eMarket data is noisy. The systemic noise arises from\nhundreds, if not thousands, of traders placing trades\nnearly simultaneously that each trader, for a variety\nof reasons, thinks will result in profits. In addition, market data is sampled data rather than continuous\ndata; that is, there is only one data point on the close of\neach day when using daily data. Even if you average\nin the high \u0026amp; low prices, there still is only one sample\nper day. Of course, you can change the sample rate\nusing intraday data, but you are still using sampled\ndata. The result of using sampled data is that there is\nsubstantial aliasing noise several octaves below the\nNyquist frequency. If you prefer, you can think of\nthis other kind of noise as autocorrelation noise. For\ndaily data, the period of the Nyquist frequency is a\ntwo-bar cycle. One octave lower is a four-bar cycle,\nand one more octave lower is an eight-bar cycle.\nAliasing noise swamps the signal for these shorter\ncycle periods, and the only thing that can be done is\nto not even try to use cycle periods where the aliasing\nnoise swamps the signal amplitude.\u003cbr\u003e\u003cbr\u003eAliasing noise is also larger than the signal amplitude\nat even longer cycle periods, but the frequency\nseparation enables filters to reduce or nearly remove\nthe effects of aliasing noise. Simple moving averages\n(SMA) or exponential moving averages (EMA) are\noften used to smooth the data in an attempt to reduce\naliasing noise. The problem with using an SMA or\nEMA is that they are not efficient filters. The only\nway to get more smoothing is to increase the length\nof the moving average, which introduces more lag\ninto the filter.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133937381745,"sku":"V32C01_692EHLE","price":5.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_a6f6254f-af3a-45a1-b877-8e0d4e3e13a2.jpg?v=1739658302"},{"product_id":"stcov322fufo","title":"Stocks \u0026 Commodities V. 32:2 (27): Futures For You by Carley Garner","description":"Futures For You by Carley Garner\u003cbr\u003e\u003cbr\u003eSTRANGLING FOR PROFITS? (PART 2)\u003cbr\u003e\u003cbr\u003eIf strangle traders can make money regardless\nof market direction, doesnt it\nprovide the best odds of success?\u003cbr\u003e\u003cbr\u003eIn last months column we focused on\nthe advantages, but mostly disadvantages,\nof buying option strangles. This month,\nwell discuss the strategy of selling option\nstrangles, which I believe to offer traders\nmuch better odds of success.\u003cbr\u003e\u003cbr\u003eIn essence, this is the simultaneous, or\nnear simultaneous, sale of calls \u0026amp; puts of\nthe same underlying futures contract. In\ncontrast to a strangle buyer, who is betting\non the market making a large move\nin either direction, the seller of a strangle\nis speculating on lack of volatility. Rather\nthan paying money up front to place their\nwager, option sellers collect cash (known\nas premium) in exchange for the liability\nof paying off the option buyer should\nthe circumstances warrant it (that is, the\nfutures price is beyond the strike price\nat expiration). Very bluntly, the strangle\nbuyer is betting that something will happen;\nthe seller is taking the bet with the\nassumption that nothing will happen.\u003cbr\u003e\u003cbr\u003eThis strategy is similar to that of casinos,\nor insurance companies, in that they\nbring in limited revenue in exchange for\nunlimited (or at least large) risks, but they\nhope that over time, the small premiums\ncollected outweigh the lower-probability\npayouts. If youve ever played the lottery,\nyou know that your risk is a few\ndollars, but your potential reward could\nbe large; option selling is taking the side\nof the house.\u003cbr\u003e\u003cbr\u003eIn its simplest form, a short strangle is\na strategy in which the trader believes the\nfutures price of a particular commodity\nwill stay within a specific trading range;\nfor example, a trader who believes crude\noil will trade between $85 and $100 in\nthe near term might sell a strangle with\nthese barriers as the strike prices. In early\nDecember 2013, it would have been possible\nto collect about 85 cents, or $850,\nusing the February options, which at the\ntime had 44 days to expiration. Ignoring\ntransaction costs, the trader gets to keep\nthe $850 if he holds the trade to expiration\nand the underlying futures price is within\nthe strike prices of the strangle, or simply\nabove $85 per barrel and below $100.\nEven if the futures price is beyond one of\nthe strike prices at expiration (mathematically,\nit cant be beyond both), the trade\ncould possibly be profitable. Because 85\ncents was collected, the breakeven points\nof the trade will be $84.15 ($85 0.85)\nand $100.85 ($100 + 0.85).","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133937414513,"sku":"V32C02_711GARN","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_b6a41d2e-7191-477e-98c5-ed891fb06a1a.jpg?v=1739658304"},{"product_id":"stcov324prre3","title":"Stocks \u0026 Commodities V. 32:3 (46–48): Product review: Insiders Guide To Trading Weekly Options by Barbara Star, PhD","description":"Product review: Insiders Guide To Trading Weekly Options by Barbara Star, PhD\u003cbr\u003e\u003cbr\u003eSIMPLEROPTIONS.COM\u003cbr\u003e\u003cbr\u003ePhone: 512 266-8659\u003cbr\u003e\u003cbr\u003eEmail: support@simpleroptions.com\u003cbr\u003e\u003cbr\u003eInternet: www.SimplerOptions.com\/weekly\u003cbr\u003e\u003cbr\u003eProduct: A four-DVD set; weekly option plus live trading course\u003cbr\u003e\u003cbr\u003ePrice: $1,997; contact SimplerOptions for special pricing\u003cbr\u003e\u003cbr\u003eTraders who have ever delved into the world of option trading soon found themselves mired knee-deep in the greeks, implied volatility, complicated math, and dozens of trading strategies. John Carter began his Simpler Options.com website and trading education room to help reduce the confusion by making stock and index options much easier to understand and more profitable to trade. He brings that same philosophy to his new DVD course, Insiders Guide To Trading Weekly Options.\u003cbr\u003e\u003cbr\u003eAlthough best known for his intraday and swing trading of stocks and futures, Carter began trading stock options while still in college. The DVD course applies his years of experience to the fast-growing world of weekly stock options. His mission: to share what he has learned about what works and what doesnt. His goal: to teach participants how to think more like a market maker and less like a speculator so they can gain consistent success as traders of weekly options.\u003cbr\u003e\u003cbr\u003eThe set of four DVDs contains the recordings of a four-day course that Carter taught in September 2013. The first DVD covers theory and trading strategies. The other three DVDs are recordings of live trading sessions that took place the following week as both he and the online participants put into practice the concepts and strategies that were taught.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133938725233,"sku":"V32C03_737PRTR","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_c46b6359-1983-467e-a774-a3e2c38b2538.jpg?v=1739658407"},{"product_id":"stcov325trti2","title":"Stocks \u0026 Commodities V. 32:3 (50–56): Traders' Tips by Technical Analysis, Inc.","description":"Traders Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eFor this months Traders Tips, the focus is Perry Kaufmans article in this issue, Timing The Market With Pairs Logic. Here we present the March 2014 Traders Tips code with possible implementations in various software.\u003cbr\u003e\u003cbr\u003eCode for TradeStation is already provided in Kaufmans article. Subscribers will find that code at the Subscriber Area of our website, www.Traders.com. (Click on Article Code from the S\u0026amp;C menu.) Presented here is an overview of possible implementations for other software.\u003cbr\u003e\u003cbr\u003eTraders Tips code is provided to help the reader imple-ment a selected technique from an article in this issue. The entries are contributed by various software developers or programmers for software that is capable of customization.\u003cbr\u003e\u003cbr\u003eReaders will find the March 2014 Traders Tips code and formulas at our website, Traders.com, in the Traders Tips area. Here, you can read some discussion of the techniques implementation by the Traders Tips contributors as well as some example charts.\u003cbr\u003e\u003cbr\u003eTo locate Traders Tips at our website, www.Traders.com, click on the link on our main menu at the top of the homepage, or scroll down to the Current articles section and click on the Traders Tips tab.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133940298097,"sku":"V32C03_739TIPS","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_06dc319f-b30b-4dab-a233-2adc153a3787.jpg?v=1739658515"},{"product_id":"stcov322exco1","title":"Stocks \u0026 Commodities V. 32:4 (28-30): Expansions \u0026 Contractions, Part 2 by Dirk Vandycke","description":"Expansions \u0026amp; Contractions, Part 2 by Dirk Vandycke\u003cbr\u003e\u003cbr\u003eDivergence Of The Fittest\u003cbr\u003e\u003cbr\u003eIn the first part of this three-part article series, we found out how to measure intrinsic divergences. In this second part, we will identify divergences that take place when price may appear to be strong but has a tendency to close near the lows.\u003cbr\u003e\u003cbr\u003eThe concept of divergence is nothing new. When one indicator behaves differently than another, it sometimes suggests that a change in trend is about to take place. Technical analysis is all about measuring probabilities rather than forecasting. Because of this, it is difficult to quantify concepts such as divergence. Most attempts get stuck in an algorithmic approach that tries to capture specific graphical setups. This ends up giving you mediocre results. In this article, I will provide a statistical framework that results in an indicator you can use to measure divergences.\u003cbr\u003e\u003cbr\u003eWHAT IS DIVERGENCE?\u003cbr\u003e\u003cbr\u003eIn part 1, I talked about measuring intrinsic divergence, which measures divergence within one time series as opposed to the more popularly used divergence between different time series. On a normal price chart you wont see intrinsic divergence, but the divergence between different time series which I refer to as extrinsic divergence is something you can see on a chart. It may, however, lag, and its difficult to detect algorithmically.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133944033649,"sku":"V32C04_758VAND","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_e2029150-607a-45df-b3f2-67198dffc9c2.jpg?v=1739658739"},{"product_id":"stcov324doyo","title":"Stocks \u0026 Commodities V. 32:5 (48-50): Do You Believe In Magic? by Brent Donnelly","description":"Do You Believe In Magic? by Brent Donnelly\u003cbr\u003e\u003cbr\u003eHow reliable is the link between the Feds balance sheet and US equities? Find out here.\u003cbr\u003e\u003cbr\u003e...I worry about the effects on the long-run stability and efficiency of our financial system if the Fed attempts to substitute its judgments for those of the market. Such a regime would only increase the unhealthy tendency of investors to pay more attention to rumors about policymakers attitudes than to the economic fundamentals that by rights should determine the allocation of capital.\nBen Bernanke, October 15, 2002\u003cbr\u003e\u003cbr\u003eQuantitative easing (QE) is a fairly new development in the financial markets. Hence, analysts should be open-minded and maintain healthy skepticism when it comes to attributing causal links between the size of the Federal Reserves balance sheet and the level of various financial asset prices and inflation. In contrast to such healthy skepticism, the market has generally tended to adopt a religious fervor around QE and then quickly abandon that fervor once the empirical evidence fizzles. There have been many examples of this since 2008.\u003cbr\u003e\u003cbr\u003eQUANTITATIVE EASING AND ASSET PRICES\u003cbr\u003e\u003cbr\u003eFirst, the market believed strongly in 2008 and 2009 that US QE would lead to a substantial depreciation of the US dollar. The announcement of QE1 in March 2009 encouraged that viewpoint as the US dollar cratered for most of 2009. But then, very quickly, the relationship between the US dollar and the Feds balance sheet (if there ever was one) fizzled (Figure 1).","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133962088817,"sku":"V32C05_780DONN","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_1dadd6d8-401d-4ea0-b6ed-b4108a16245c.jpg?v=1739658930"},{"product_id":"stcov324prre1","title":"Stocks \u0026 Commodities V. 32:2 (48-51): Product review: Phantom Trader by Donald W. Pendergast Jr.","description":"Product review: Phantom Trader by Donald W. Pendergast Jr.\u003cbr\u003e\u003cbr\u003eKNOWVERA, LLC\u003cbr\u003e\u003cbr\u003ePhone: 203 617-4050\u003cbr\u003e\u003cbr\u003eEmail: Phantom@KnowVera.com\u003cbr\u003e\u003cbr\u003eWebsite: www.phantomtrader.com\u003cbr\u003e\u003cbr\u003eProduct: Real-time charting, analysis,\nand commentary service\u003cbr\u003e\u003cbr\u003eMinimum system requirements:\nWindows XP SP3, Windows 7 or 8, or\nMicrosoft .NET 4.0 Framework.\u003cbr\u003e\u003cbr\u003ePrice: Phantom Trader Premium,\n$500\/month; Phantom Trader Basic,\n$149\/month.\u003cbr\u003e\u003cbr\u003eIn the fast-paced world of daytrading,\nprospective participants are\nfaced with a myriad of choices\nas to what sort of methodology,\ntrading system, or advisory service to rely\non as they seek to extract intraday profits\nin the stock, forex, and commodities markets.\nSome of the primary tools used are:\u003cbr\u003e\u003cbr\u003e* Live chat rooms\u003cbr\u003e\u003cbr\u003e* Mechanical trading systems\u003cbr\u003e\u003cbr\u003e* Discretionary trading systems\u003cbr\u003e\u003cbr\u003e* Charting package of technical\nindicators\u003cbr\u003e\u003cbr\u003e* Combinations of all of the above\nresources and tools.\u003cbr\u003e\u003cbr\u003ePhantom Trader, a service from KnowVera,\nis one of the few complete trade signal\/\nlive advisory packages for intraday traders,\none that offers a streamlined, highly\nfocused set of custom-designed technical\nstudies and market trend algorithms. The\npotential value of the service is greatly\nincreased by the addition of a real-time,\nlive, professional traders commentary (in\naudio and text formats) from 9 am ET until\nthe regular market session closes at 4 pm\nET, MondayFriday. Phantom Trader is a\nwell-integrated combination of the abovementioned\ntrading approaches and was\ndesigned from the ground up by a highly\nsuccessful market professional known as\nthe Phantom Trader.\u003cbr\u003e\u003cbr\u003eThe right side\u003cbr\u003e\u003cbr\u003eI spoke with the real-life Phantom Trader\nSteve Kalayjian by phone in November\n2013. He informed me that the algorithms\nused in Phantom Trader (PT) were developed\nover the span of six and a half\nyears and that the intended goal of the\nsoftware, which is to identify the right\nside of the market for traders most of\nthe time, has been achieved with Phantom\nTrader (PT). Kalayjian attributes a\ntraders success to the following three\nfactors:","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133963530609,"sku":"V32C02_718PRPH","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_af73c97b-fa99-443c-9e6c-0e7c0e42109f.jpg?v=1739659043"},{"product_id":"stcov324prre6","title":"Stocks \u0026 Commodities V. 32:6 (46-48): Product review: Mechanical Trading Systems by S\u0026C Staff","description":"Product review: Mechanical Trading Systems by S\u0026amp;C Staff\u003cbr\u003e\u003cbr\u003eWave59 Technologies\u003cbr\u003e\u003cbr\u003eWebsite: www.wave59.com\u003cbr\u003e\u003cbr\u003eEmail: support@wave59.com\u003cbr\u003e\u003cbr\u003eProduct: Trading course manual\u003cbr\u003e\u003cbr\u003ePrice: $1,995\u003cbr\u003e\u003cbr\u003eTo create a mechanical trading system, you need to encode rules and you need to let those coded rules make your trades. Years of doing this gave Wave59 creator Earik Beann insight into which set of trading rules work and which dont. It also gave him the knowledge of what indicators or methods, such as stop-losses, are the most profitable. Earik Beanns course Mechanical Trading Systems (MTS), which is really a book, deals with a subject that few have attempted. Its bound to have an impact on most traders, and its contents will surprise most of you.\u003cbr\u003e\u003cbr\u003eLET'S BEGIN\u003cbr\u003e\u003cbr\u003eTo provide some clarification, suppose you are trading a moving average cross-over system. Youve chosen a certain number of periods for the faster moving average and another for the slower moving average. Have you found that sometimes it works and sometimes it doesnt?","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133963563377,"sku":"V32C06_798PRME","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_d92be701-e217-4768-b826-af335a1e52f7.jpg?v=1739659046"},{"product_id":"stcov322qutr","title":"Stocks \u0026 Commodities V. 32:8 (26-29): The Quotient Transform by John F. Ehlers","description":"Stocks \u0026amp; Commodities V. 32:8 (26-29): The Quotient Transform by John F. Ehlers\u003cbr\u003e\u003cbr\u003eEarly Trend Detection\u003cbr\u003e\u003cbr\u003eHeres one way to detect a trend early and know how long to stick with it.\u003cbr\u003e\u003cbr\u003eTrading the trend is a favorite technique of technical analysts. Trends are usually detected by some variation of following a moving average. The problem with this approach is that the moving averages invariably introduce lag because they require a relatively large amount of historical data to form a reliable indicator. This article introduces the quotient transform, which nonlinearly manipulates indicators to not only produce an early trend detection but also provides the ability to know how long to stick with the trend.\u003cbr\u003e\u003cbr\u003eQUOTIENT TRANSFORM MATHEMATICS\u003cbr\u003e\u003cbr\u003eTransforms are handy devices that change indicator waveforms to better interpret the meaning of various in-dicators. They introduce zero lag into the indicators, which is a good thing. For example, a Fisher transform changes any indicator probability distribution to have a nearly normal probability distribution, with the re-sult that visibility peak turning points are highly amplified.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133965201777,"sku":"V32C08_825EHLE","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_4a10753d-ca50-4cb6-8d00-7a1e9ae1431c.jpg?v=1739659160"},{"product_id":"stcov321coma","title":"Stocks \u0026 Commodities V. 32:8 (14-18): The Composite Man's Bull Market Campaign by Pruden, Fraser, Bogomazov","description":"The Composite Mans Bull Market Campaign by Pruden, Fraser, Bogomazov\u003cbr\u003e\u003cbr\u003eFollow The Leader\u003cbr\u003e\u003cbr\u003eWill the principles of 20th-century chartist Richard D. Wyckoff still work in todays markets? You might be surprised. Heres a reenactment of Wyckoffs original campaign as applied to the 200814 stock market.\u003cbr\u003e\u003cbr\u003eIn the year 1931, Richard D. Wyckoff created a message of instruction to his subscribers and followers. It was an idealized account about how the Composite Man, or smart-money pool operator, would conduct a bull-market campaign. It explained in detail how the Composite Man would conduct the accumulation of a line of stock (that is, buying stock of a company over time) while prices were low and the public was depressed. It then discussed how the following markup phase was conducted. Finally, it discussed how the campaign was concluded, his line of stock sold to the public, and how the Composite Man would prepare for the subsequent decline via a campaign of distribution designed to exhaust the remaining demand of the late-arriving buyers.\u003cbr\u003e\u003cbr\u003eIN TODAYS MARKETS\u003cbr\u003e\u003cbr\u003eMost of what Wyckoff noted then can be restated in the parallel scenario of the stock market from 200814. Here, we will use the recent\/current bull market as a reenactment of the original campaign described by Wyckoff. We have made an attempt to utilize the same language that Wyckoff employed in depicting the Composite Mans campaign when he first wrote it in 1931.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133968380273,"sku":"V32C08_822PRUD","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_32f915f6-69bb-4ced-8605-9a13ba37854e.jpg?v=1739659379"},{"product_id":"stcov328leto7","title":"Stocks \u0026 Commodities V. 32:10 (8-9): Letters To S\u0026C by Technical Analysis, Inc.","description":"Letters To S\u0026amp;C by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eFILE DOWNLOADS FROM S\u0026amp;C?\u003cbr\u003e\u003cbr\u003eEditor,\u003cbr\u003e\u003cbr\u003eIve been a subscriber for many years. First, I tried to log in to your website, but after entering my subscriber number and last name, I wasnt able to log in. Can you help?\u003cbr\u003e\u003cbr\u003eWhat Im looking for is the section at your website where I can find download-able Excel spreadsheets and other files. Specifically, Im looking for files that accompanied John Ehlers August 2014 article, The Quotient Transform. Can you point me to where I can find that on the Traders.com website? Thanks!\u003cbr\u003e\u003cbr\u003eMARK\u003cbr\u003e\u003cbr\u003eCincinnati, OH","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133968445809,"sku":"V32C10_856LETT","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_e1d02777-2b60-46a4-81a5-25925dd244b3.jpg?v=1739659381"},{"product_id":"stcov323qaby4","title":"Stocks \u0026 Commodities V. 32:9 (33): Q\u0026A by Don Bright","description":"Q\u0026amp;A by Don Bright\u003cbr\u003e\u003cbr\u003eHEDGE FUND BASICS\u003cbr\u003e\u003cbr\u003eWe have a small group of investors\/traders. We like to think that were somewhat knowledgeable about the markets and trading, and were considering forming a hedge fund of sorts. I have some basic questions. Can you help?\u003cbr\u003e\u003cbr\u003eIll try to shed some light on the subject (see my answer to the next question), but if you choose to proceed, consult a good securities lawyer, and find a compliance officer before filing any formal documents.\u003cbr\u003e\u003cbr\u003eWhat exactly constitutes a hedge fund? My understanding is that it simply pools investor money run by one or more manager\/traders. The investors get most of the returns of the fund, and the management keeps a fee plus a percentage of the profits.\u003cbr\u003e\u003cbr\u003eThere are many misconceptions about hedge funds these days. I suggest you take a step back and create a business plan for what you are trying to achieve by entering into this venture. If you and\/or your group are making good returns and simply wish to ramp it up a bit with more capital, then there are alternatives that may work better for you.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133972050289,"sku":"V32C09_843BRIG","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_424895bf-c825-49df-8c3e-7ed2016ba0a8.jpg?v=1739659635"},{"product_id":"stcov321fufo2","title":"Stocks \u0026 Commodities V. 32:7 (17): Futures For You by Carley Garner","description":"Futures For You by Carley Garner\u003cbr\u003e\u003cbr\u003eDAMAGE CONTROL\u003cbr\u003e\u003cbr\u003eWhat is the biggest mistake you see traders make?\u003cbr\u003e\u003cbr\u003eWe all know that trading, particularly on leverage, is a difficult venture. Consequently, the odds of committing mistakes outweigh the probability of the perfect trade. With that said, Ive made and witnessed plenty of mistakes throughout my career.\u003cbr\u003e\u003cbr\u003eThe most common, and perhaps the most detrimental, is the human tendency to chase markets. The general public wants to become bullish after a market has already nearly exhausted a rally, and bearish while prices are in despair. Those who dont chase markets often make a similar mistake of holding onto losers, only to bail on the trade at precisely the worst time. Warren Buffett said it best: Be fearful when others are greedy, and greedy when others are fearful. Yet emotion entices us into doing the opposite.\u003cbr\u003e\u003cbr\u003eThe theory behind the behavior of buying high and hoping to sell higher or selling low with the intention of buying it back even lower is trend confirmation. Nearly any trading book you pick up with have the text the trend is your friend in it, so it isnt surprising that we are trained to chase prices. Too many want the comfort of knowing that market momentum is moving in their desired direction before they commit their hard-earned money.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133973688689,"sku":"V32C07_806GARN","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_62607885-030f-4843-ab04-97541361afee.jpg?v=1739659755"},{"product_id":"stcov32232ex","title":"Stocks \u0026 Commodities V. 32:5 (27, 32): Explore Your Options by Tom Gentile","description":"Explore Your Options by Tom Gentile\u003cbr\u003e\u003cbr\u003eSELL IN MAY AND GO AWAY\u003cbr\u003e\u003cbr\u003eA lot of my students subscribe to and receive the Stock Traders Almanac published each year by Jeffrey Hirsch. In this treasure trove, Hirsch and his father Yale Hirsch discuss seasonality and cyclical trends that have occurred in past years. They also look at the best time, historically, to be long or short the market and sectors during the course of the year. One of the approaches covered in the Stock Traders Almanac involves the time-tested strategy Buy in November, and go away (sell) in May. One of my students approached me recently and asked, How can I effectively sell in May using options instead of shorting the stock or index markets?\u003cbr\u003e\u003cbr\u003eI believe the answer to this question is twofold: using options as a way to protect long stock positions, and using options as a way to speculate that a drop will occur in the markets. I will analyze each of these strategies against the SPDR S\u0026amp;P 500 exchange traded fund (SPY). SPY can be used to protect long positions that are correlated with the S\u0026amp;P 500 and also can be used to profit from a bearish market move.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133973721457,"sku":"V32C05_774GENT","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_38bea94f-619b-40b2-b522-16833cbf78ce.jpg?v=1739659758"},{"product_id":"stcov322alme","title":"Stocks \u0026 Commodities V. 32:10 (26-31): An Alternative Methodology by Scott Hathaway","description":"Its All Geometry!\u003cbr\u003e\u003cbr\u003eAn Alternative Methodology by Scott Hathaway\u003cbr\u003e\u003cbr\u003eGeometric technical analysis is something that technical analysts have been slow to embrace. Heres a look at how it can be effectively applied to your trading. Who knows; you may find it worthy of consideration.\u003cbr\u003e\u003cbr\u003eGeometric charting is one of the most effective charting approaches available to any technical analyst or trader. It is capable of accurately identifying highs and lows by revealing hidden support \u0026amp; resistance (S\/R) levels and time extensions, channels, circles, and other shapes, and yet still has considerable room for development.\u003cbr\u003e\u003cbr\u003eBut despite these merits, sadly, it has always been on the outskirts of traditional technical analysis. This is probably due to its often improvised, creative, and right-brained nature; one thats not easily subjected to rigorous backtesting. However, it is my sincere desire to see geometric charting gain prominence as the publics interest in technical analysis continues to grow.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133973754225,"sku":"V32C10_860HATH","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_0a8114a4-80a2-4d5f-9c03-6e94956e0340.jpg?v=1739659760"},{"product_id":"stcov322trsw","title":"Stocks \u0026 Commodities V. 32:3 (26–30): Trend Switching With ETFs by Moshé Prince","description":"Trend Switching With ETFs by Mosh Prince\u003cbr\u003e\u003cbr\u003eTrends And Seesaws\u003cbr\u003e\u003cbr\u003eGiven the volatility in the markets, you need to know when to get into a trade and when to get out. The use of ETFs has made this easier. Find out how.\u003cbr\u003e\u003cbr\u003eTrend switching and trigger switching are the foundation of a successful trading\/investing strategy in exchange traded funds (ETFs). I know there is a line of thinking out there that says buy \u0026amp; hold is the way to go, but in my opinion, the days of buy \u0026amp; hold are over. After decades of trial and error, I have found that buy \u0026amp; hold has had merely a modicum of success.\u003cbr\u003e\u003cbr\u003eETFS TO THE RESCUE\u003cbr\u003e\u003cbr\u003eDo you have the stomach to watch an unnecessary loss of more than 30% to 40% in your portfolio at any given time and to wait out a recovery? Luckily, you dont have to because there are tools available that you can use to get out of trades at the right time. As the market changes with the times or changes the times you must be flexible to know when an old process no longer works. These days, following trends without being aware that the market may go in the opposite direction seems to be the tried and true method. But some would argue that the buy \u0026amp; hold approach is the only way to invest.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133975556465,"sku":"V32C03_729PRIN","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_224953e4-10b9-4bef-b51f-0d791f8181dc.jpg?v=1739659880"},{"product_id":"stcov323qaby3","title":"Stocks \u0026 Commodities V. 32:6 (31): Q\u0026A by Don Bright","description":"Q\u0026amp;A by Don Bright\u003cbr\u003e\u003cbr\u003eVOLUME AND OPENING-ONLY ORDER PRICES\u003cbr\u003e\u003cbr\u003eDon, I have followed your posts on several web boards for many years, and I know that many traders at your company use strategies that include opening-only orders (OPG) and market-on-close (MOC) orders.\u003cbr\u003e\u003cbr\u003eIm about to share a strategy with a good friend and trader mate (who has my trust) that involves OPGs to open orders and MOCs to close orders. The aver-age daily volumes of the stocks that the strategy trades can be as low as 200,000. The maximum volume of orders we use is around 6,000 shares per stock and trade. Could there be a conflict in sharing that strategy in light of the execution quality and prices I will get after I shared that strategy? Could this kind of volume of an individual order in thinner stocks such as one that trades 200,000 per day on aver-age worsen my performance due to bad executions and worse prices I will get for my trades? I can imagine that each morn-ing, many traders at Bright Trading send OPG orders to the NYSE for lower-volume stocks. How do you handle that? Do you see a disadvantage? Mario J.\u003cbr\u003e\u003cbr\u003eThanks for following the various web forums, and I hope you read this magazine as well! You can do a search on the STOCKS \u0026amp; COMMODITIES website at Traders.com for previous articles regarding opening-only orders (OPG) and market-on-close orders (MOC).","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133978603889,"sku":"V32C06_793BRIG","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_e3ec9592-a349-4b75-9cd1-0bb17182eebd.jpg?v=1739660107"},{"product_id":"stcov323qaby","title":"Stocks \u0026 Commodities V. 32:2 (31): Q\u0026A by Don Bright","description":"Q\u0026amp;A by Don Bright\u003cbr\u003e\u003cbr\u003eThe Volcker Rule\u003cbr\u003e\u003cbr\u003eI keep hearing so much about the Dodd-\nFrank bill coming into effect soon. Is this\nsomething that will impact your traders?\nHow about retail traders? Any light you\ncan shed on this would be appreciated.\u003cbr\u003e\u003cbr\u003ephilkids23\u003cbr\u003e\u003cbr\u003eWow, this is probably one of the toughest\nquestions I have ever been asked.\nOf course we have to wait and see how\nmuch different the trading environment\nlooks when all this gets sorted out and\nimplemented. Here are some thoughts,\nhowever.\u003cbr\u003e\u003cbr\u003eOne primary portion, the Volcker\nRule (named after Paul Volcker, chairman\nof the Federal Reserve under\nPresidents Jimmy Carter and Ronald\nReagan, as well as Chairman of the Economic\nRecovery Advisory Board under\nPresident Barack Obama), attempts to\nlimit how major investment banks and\nbrokers (like Goldman Sachs, JP Morgan,\nBank of America, and so on) can\ntrade and invest their depositors money.\nEssentially, as I read it, these big banks\nwill not be allowed to commingle their\nproprietary trading money with their\ndepositors money. This may be a good\nthing for our traders, since who wants to\ncompete with these big brokers anyway?\nThe other side of this coin is that this may\ncut down on the daily trading activity to\nsuch an extreme degree that liquidity will\ndry up significantly.\u003cbr\u003e\u003cbr\u003eHere is an excerpt from http:\/\/www.\nsifma.org\/issues\/regulatory-reform\/\nvolcker-rule\/overview\/:\u003cbr\u003e\u003cbr\u003eThe final Volcker Rule included in\nthe Dodd-Frank Act prohibits banks\nfrom proprietary trading and restricted\ninvestment in hedge funds and private\nequity by commercial banks and their\naffiliates. Further, the Act directed the\nFederal Reserve to impose enhanced\nprudential requirements on systemically\nidentified non-bank institutions\nengaged in such activities. Congress\ndid exempt certain permitted activities\nof banks, their affiliates, and non-bank\ninstitutions identified as systemically\nimportant, such as market making,\nhedging, securitization, and risk\nmanagement. The Rule also capped\nbank ownership in hedge funds and\nprivate equity funds at three percent.\nInstitutions have a seven year timeframe\nto become compliant with the\nfinal regulations.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133980766577,"sku":"V32C02_713BRIG","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_8293697d-a277-4493-95c0-c2ea9764fdb5.jpg?v=1739660245"},{"product_id":"stcov324fule","title":"Stocks \u0026 Commodities V. 32:3 (40–41): A Fundamental Lesson For The Technically Minded by Matt Blackman","description":"A Fundamental Lesson For The Technically Minded by Matt Blackman\u003cbr\u003e\u003cbr\u003eFor decades, there have been two major schools of thought when it comes to stocks. First came the fundamental analysts, who believe that stock prices are a product of revenues and earnings. Then came the technicians, who believe that all they need to know is contained in stock charts. Here, we look at how the two methodologies come together.\u003cbr\u003e\u003cbr\u003eLike many investors, I began to play the markets believing that if you found companies with strong balance sheets, a good product, and strong management team, you would make money. But one challenge quickly became evident: Earnings lagged stock prices most of the time. When the economy slowed down, earnings often gave little or no warning before stock prices fell. Relying on balance sheets to determine trade entries \u0026amp; exits tended to get you in well after the move was over and out too late to avoid the pain.\u003cbr\u003e\u003cbr\u003eDO FUNDAMENTALS REALLY MATTER?\u003cbr\u003e\u003cbr\u003eAn article on the Wall Street Rant blog titled Is This Bull Market Fundamentally Driven? sought to help answer this question. Fundamentally driven bull markets should rely more on cyclically adjusted earnings growth and less on investors willingness to pay ever-increasing multiples on those earnings, the author posited.\u003cbr\u003e\u003cbr\u003eBut do they? To explore this question in detail, I used the cyclically adjusted price\/earnings (PE) ratio data from Robert Shillers website. He separated out bull markets that experienced at least 100% gains without a 20% correction between 1930 and the present and then ordered these markets from the most strongly earnings-driven to the weakest using the ratio of price gains divided by the expansion in the PE multiples. Bulls showing the smallest PE expansions (that enjoyed the greatest earnings growth) were considered the most fundamentally driven. I show his results in the table in Figure 1.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133980799345,"sku":"V32C03_734BLAC","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_928969a4-0c86-46ab-80e0-30f536b61c1c.jpg?v=1739660247"},{"product_id":"stcov321beof","title":"Stocks \u0026 Commodities V. 32:1 (10-14): The Benefit Of Hindsight by Ashot Hakobyan","description":"The Benefit Of Hindsight by Ashot Hakobyan\u003cbr\u003e\u003cbr\u003eIt All Makes Sense\u003cbr\u003e\u003cbr\u003eFind out how a hypothetical ideal trader who has the\nbenefit of hindsight can help you make everyday trading\ndecisions.\u003cbr\u003e\u003cbr\u003eAt every stage of each trade, from the initial market scan\nto look for trade opportunities, to the timing and sizing\nof the entries, to the continuous trade management,\nall the way to the final closure, a discretionary trader will be\nmaking decisions continuously. A system trader, on the other\nhand after creating a system will have those decisions\nmade for him automatically.\u003cbr\u003e\u003cbr\u003eDecision-making in discretionary trading often poses complex\nproblems, especially during the initial stages. Thats when\ntraders have to make intelligent choices among the myriad of modern financial markets and instruments and combine them\nin clever and innovative ways to generate profitable trading\nopportunities.\u003cbr\u003e\u003cbr\u003eThe ideal trader\u003cbr\u003e\u003cbr\u003eIt is fair to say, however, that no matter how complex the\nchoices are, discretionary traders will always aim to maximize\nthe expected profit while maintaining sustainable levels\nof risk. These criteria can be quantified using one of the\nfew existing market theories and models. For instance, one\nwidely accepted model that approximates market returns by\nnormal (or log normal) random variables is embedded in the\ncommonly used indicator, Bollinger Bands. Another, more\nadvanced Black-Scholes model resulted in a formula that is\nnow routinely used in option pricing for a wide variety of\nfinancial instruments.\u003cbr\u003e\u003cbr\u003eI will present a somewhat more pragmatic and simpler\nconcept for trading-strategy evaluation without backtesting,\nwhich I call the Ideal Trader. I use the Ideal Trader concept to\nassist in discretionary trading. Of course, the ideas discussed\nhere can be incorporated in any style of trading, including\nsystem trading or statistical trading, since the focus is on\nthe evaluation of trade performance rather than reasons for\ninitiating a trade. But first, I will start with a brief overview\nof the concept before considering any of its applications.\u003cbr\u003e\u003cbr\u003eUnlike real traders, Ideal Trader is a hypothetical trader\nwho is allowed to place his orders at any time in the past. He\ncorrectly places his buy orders at the lows and sell orders at\nthe highs, and in doing so, extracts maximum available profit\nfrom any market.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133983453553,"sku":"V32C01_690HAKO","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_aa8d8c4e-7747-4501-9e88-a9fcd43ba5e9.jpg?v=1739660378"},{"product_id":"stcov324prre10","title":"Stocks \u0026 Commodities V. 32:10 (46-49): Product review: Chaikin Analytics For Desktop And iPad by Barbara Star, PhD","description":"Product review: Chaikin Analytics For Desktop And iPad by Barbara Star, PhD\u003cbr\u003e\u003cbr\u003eChaikin Analytics, LLC\u003cbr\u003e\u003cbr\u003e37 North Valley Rd., Suite 205, Three Station Square, Paoli, PA 19301\u003cbr\u003e\u003cbr\u003ePhone: 877 697-6783 (877-MYPORTFOLIO)\u003cbr\u003e\u003cbr\u003eEmail: info@ChaikinAnalytics.com\u003cbr\u003e\u003cbr\u003eWebsite: www.ChaikinAnalytics.com\u003cbr\u003e\u003cbr\u003eSystem requirements: Chaikin Analytics for Desktop runs on PCs and Macs inside HTML5-compliant versions of Internet Explorer (IE 10 and above), Chrome, Safari, or Firefox\u003cbr\u003e\u003cbr\u003eProduct: Subscription-based ratings and research analytics service for stocks, industries, and exchange traded funds (ETFs)\u003cbr\u003e\u003cbr\u003ePrice: $195\/month or $1,950\/year; free two-week trial; 30-day money-back guarantee\u003cbr\u003e\u003cbr\u003eChaikin Analytics for Desktop and iPad, developed by well-known researcher and technical analyst Marc Chaikin, provides an online service for traders seeking stocks with the potential to appreciate over the next several months. Equally important, the service identifies those stocks likely to underperform during the same time period.\u003cbr\u003e\u003cbr\u003ePerhaps best known for the Chaikin Money Flow (CMF) indicator and other technical indicators found in most charting software, Marc Chaikin also provides institutional-quality stock research and analysis to professional money managers via his company Chaikin Analytics. Less well-known is that the same high-quality analysis is also available to individual traders and investors.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133983486321,"sku":"V32C10_864PRCH","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_208ea847-a89c-4148-9ec7-1c24863b865f.jpg?v=1739660381"},{"product_id":"stcov323exyo1","title":"Stocks \u0026 Commodities V. 32:3 (31): Explore Your Options by Tom Gentile","description":"Explore Your Options by Tom Gentile\u003cbr\u003e\u003cbr\u003eAND THE MOST IMPORTANT RULE FOR OPTION TRADERS IS\u003cbr\u003e\u003cbr\u003eHaving just returned from another seminar, I ran across a situation that Ive encountered before on many occasions: A student who has some type of great short-term system decides he wants to start trading options on it. The problem is one that many of us run into when we get started with options. Imagine this scenario: You spot a great opportunity, put on a low-risk trade, and execute your plan. The stock moves the way you expect it to, but when you get out, either the trade lost money or made very little. You followed all the rules to ensure your trade would work. What happened? Chances are, you were trading illiquid options with a wide spread between the bid \u0026amp; ask.\u003cbr\u003e\u003cbr\u003eIf youre not looking at how liquid your options are, even the best-laid plans can fall apart. This is especially true for spread traders. As an example, take a look at the stock of Church \u0026amp; Dwight (CND) in Figure 1.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133985616241,"sku":"V32C03_730GENT","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_2800488c-43eb-46d0-916b-65cd6efabdf3.jpg?v=1739660539"},{"product_id":"stcov323trfo","title":"Stocks \u0026 Commodities V. 32:11 (32–34): Trading Forex: Understanding The Basics, Part 1 by Imran Mukati","description":"Trading Forex: Understanding The Basics, Part 1 by Imran Mukati\u003cbr\u003e\u003cbr\u003eStarting Out\u003cbr\u003e\u003cbr\u003eIn this first part of a new series on foreign exchange trading, youll get an overview of the basics of trading currencies.\u003cbr\u003e\u003cbr\u003eForex, foreign exchange, FX they all refer to the trading of, or exchange of, one foreign currency for another. While the practice began simply as one of many routine banking mechanisms, it has recently evolved into a speculative market that is, some people and institutions trade currencies strictly to make money.\u003cbr\u003e\u003cbr\u003eTHE ADVENT OF FOREX MARKETS\u003cbr\u003e\u003cbr\u003eFrom the 19th century until World War I, the economically developed nations of the world adhered to the gold standard. To simplify a complicated issue, a nations wealth depended on how much gold it possessed, because the currency of any nation on the gold standard had a set value relative to gold. The British pound, for example, was fixed at the equivalent of 113.00 grains of pure gold, while the US dollar was fixed at 23.22 grains.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133985649009,"sku":"V32C11_877MUKA","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_a7683ff0-401f-493e-adbd-dd39375db338.jpg?v=1739660541"},{"product_id":"stcov325trti4","title":"Stocks \u0026 Commodities V. 32:7 (53-58): Traders' Tips by Technical Analysis, Inc.","description":"Traders Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eFor this months Traders Tips, the focus is mainly Sylvain Vervoorts article in this issue, Exploring Charting Techniques, Part 1, with some Traders Tips focusing on topics from recent issues instead. Here we present the July 2014 Traders Tips code with possible implementations in various software.\u003cbr\u003e\u003cbr\u003eCode for NinjaTrader is already provided in Vervoorts article. S\u0026amp;C subscribers will find that code at the Subscriber Area of our website, www.Traders.com. (Click on S\u0026amp;C Article Code from the Home menu.) Presented here is an overview of some possible implementations for other software as well.\u003cbr\u003e\u003cbr\u003eTraders Tips code is provided to help the reader implement a selected technique from an article in this issue or another recent issue. The entries are contributed by various software developers or programmers for software that is capable of customization.\u003cbr\u003e\u003cbr\u003eReaders will find the July 2014 Traders Tips code and formulas at our website, Traders.com, in the Traders Tips area. Here, you can read some discussion of the techniques implementation by the Traders Tips contributors as well as some example charts.\u003cbr\u003e\u003cbr\u003eTo locate Traders Tips at our website, www.Traders.com, click on the Traders Tips link from our HomeS\u0026amp;C Magazine menu at the top of the home page, or scroll down to the Current articles section and click on the Traders Tips tab.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133985681777,"sku":"V32C07_816TIPS","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_47b9f2ba-b58e-468f-a8d7-302da471b66d.jpg?v=1739660544"},{"product_id":"stcov323rere","title":"Stocks \u0026 Commodities V. 32:5 (34-38): The Real Reason Traders Lose Money by John F. Ehlers and Ric Way","description":"The Real Reason Traders Lose Money by John F. Ehlers and Ric Way\u003cbr\u003e\u003cbr\u003eDarn Those Deviations!\u003cbr\u003e\u003cbr\u003eWhy do traders lose money? The answer may surprise you. Heres a look at the core of the problem and how you can arrive at a profitable strategy.\u003cbr\u003e\u003cbr\u003eMost traders lose money. The reasons given cover a myriad of excuses, from poor self-esteem to poor risk control to just having the wrong trading system. While any of these may contribute to poor performance, they dont go to the heart of the matter. In this article, we will demonstrate the core of the problem using a pure mathematical approach.\u003cbr\u003e\u003cbr\u003eWe will not only show you the problem, but well also show you mitigating techniques that dont stress your capitalization requirements or your workload to arrive at a profitable trading strategy. In fact, depending on how you currently trade, your analysis workload can be significantly reduced.\u003cbr\u003e\u003cbr\u003eIS TRADING GAMBLING?\u003cbr\u003e\u003cbr\u003eTo answer this question, we need to first define gambling and who the winners and losers are. In Las Vegas, there is no question that the house is invariably the winner. How else can they afford all the neon lights and at-tractions? They win because the odds of the game are in their favor. Take a simple roulette bet as an example. The roulette wheel has 36 numbers. Half are black and half are red. If you bet on red or black, the payout is 1. That would make it a fair game, all other things being equal. However, in American roulette there is also a green 0 pocket and a green 00 pocket. These two extra pockets are neither red nor black. Having two pockets that are neither red nor black changes the odds to be 1.111-to-1 that the house will win.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133987516785,"sku":"V32C05_777EHLE","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_bac3b17a-4f96-49db-9dd6-7e825aed820a.jpg?v=1739660672"},{"product_id":"stcov322efof","title":"Stocks \u0026 Commodities V. 32:12 (28-30): Effects Of Volatility On Trading by Norman J. Brown","description":"Effects Of Volatility On Trading by Norman J. Brown\u003cbr\u003e\u003cbr\u003eTranquil Or Stormy?\u003cbr\u003e\u003cbr\u003eCan trading results be similar to those of roulette betting? Find out here.\u003cbr\u003e\u003cbr\u003eIn my 2010 article Trading Tradeoffs With Risk Vs. Reward, I pointed out that trading with high values of R (a measure of the odds) and low values of bias (win ratio) leads to larger drawdowns (MDD) compared to that of trading with the converse. That led me to think about whether betting at a roulette wheel would yield similar results. I decided to investigate.\u003cbr\u003e\u003cbr\u003eSCALPING OR TRENDING APPROACH?\u003cbr\u003e\u003cbr\u003eRoulette offers two opposing approaches, among many other possibilities. One I will term scalping, since it goes for the big win, and the second I will term trending, which is a more sedate (low-volatility) betting style.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133991612785,"sku":"V32C12_893BROW","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_119db4ca-9e46-474f-a120-e56747940874.jpg?v=1739660936"},{"product_id":"stcov323dest","title":"Stocks \u0026 Commodities V. 32:7 (36-41): Defining Stock Trends With The RSI by Mike B. Siroky","description":"Defining Stock Trends With The RSI by Mike B. Siroky\u003cbr\u003e\u003cbr\u003eRiding The Trend\u003cbr\u003e\u003cbr\u003eThe relative strength index (RSI) is considered an indicator to apply when markets are range-bound. But heres one way you can use the RSI to identify intermediate- and long-term trends in the equity markets.\u003cbr\u003e\u003cbr\u003eWhen John D. Rockefeller was asked what the price of Standard Oil stock will do, he reportedly answered, I believe it will fluctuate. Fluctuating prices are, of course, the essence of an auction market that brings together buyers and sellers. Prices may fluctuate in a range that is bound by lower and upper limits that are often referred to as support \u0026amp; resistance. Alternatively, prices may fluctuate within an upward or downward channel. When prices break out of their range and make progress toward their ultimate destination, whether higher or lower, it is referred to as a trend.\u003cbr\u003e\u003cbr\u003eTREND OR NO TREND?\u003cbr\u003e\u003cbr\u003eIdentifying the existence or absence of a trend is one of the most important goals of technical analysis. The classic indicator to use in a trending market is the moving average, since prices that are making progress will tend to remain on one side or the other of a properly selected moving average for most of the trend duration. The major drawback to the moving average is lag, as the moving average cannot reflect current reality since its based on past data.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133991645553,"sku":"V32C07_811SIRO","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_4e47751a-f714-43ed-add2-89a3dca05dab.jpg?v=1739660938"},{"product_id":"stcov324bofo","title":"Stocks \u0026 Commodities V. 32:3 (49): Books for Traders by Technical Analysis, Inc.","description":"Books for Traders by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eThe following selection of book descriptions represents a sampling of recent book releases in the investing field. Books described here may be from some of the major book publishers as well as some independent book publishers. These are not critical reviews or editorial evaluations, but rather a brief look at the book marketplace to help keep readers up to date on new or recent book offerings.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133991678321,"sku":"V32C03_738BOOK","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_4ff382bc-804a-463b-8bbd-aa906fc7b096.jpg?v=1739660941"},{"product_id":"stcov32237ex","title":"Stocks \u0026 Commodities V. 32:12 (21, 37): Explore Your Options by Tom Gentile","description":"Explore Your Options by Tom Gentile\u003cbr\u003e\u003cbr\u003eLOOK BEFORE YOU LEAP\u003cbr\u003e\u003cbr\u003eAs we turn the last page of yet another year behind us, typically we start thinking of the year ahead of us that would be 2015. When most traders think of the following year, they think long-term. Long-term in the option world could mean anything to anyone, but all option traders agree that LEAPS are a long-term strategy. LEAPS, a product of the Chicago Board Options Exchange (CBOE), stands for Long-term Equity AnticiPation Securities, or long-term option contracts that allow investors to establish positions that can be maintained for up to three years.\u003cbr\u003e\u003cbr\u003eSacrificing gamma when using LEAPS\u003cbr\u003e\u003cbr\u003eThere are pros and cons to using LEAPS. Let me illustrate these by using a hypothetical example.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133993218417,"sku":"V32C12_891GENT","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_dfe6de60-6e46-486b-9680-af5d223fae1a.jpg?v=1739661065"}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/collections\/volume-32-2014-25.gif?v=1739677690","url":"https:\/\/shop.traders.com\/collections\/volume322014\/issue-12.oembed","provider":"Stocks \u0026 Commodities","version":"1.0","type":"link"}