Traders love to trade! That’s why we sit in front of our trading stations for hours upon end. So, the common thought process is “if I am here, I should be trading”. That could not be further from the truth. Here is a video where we discuss this essential trading psychology topic.
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Tough U.S sanctions targeting Iran’s critical energy sector have come into force, as well as fresh measures against the nation’s shipping and financial industries. Eight countries – including Turkey, Italy, India, Japan, and South Korea – will receive temporary six-month waivers allowing them to continue to import Iranian petroleum products as they move to end such […]
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European stocks advanced overnight, tracking a rebound across Asia, as U.S. futures extended gains on the last day of what’s been one of the nastiest months for equities in years. The S&P 500 is off by 7.9% in October, on track for its worst showing since May 2010. Equity bulls will be hoping this rebound can last […]
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Risk. It is a fact of life for a trader. Without risk, there is no reward. Risk is not a bad thing in and of itself. However, you must quantify and manage your risk. In this video, I explain how to identify and manage the risk of a credit spread that is in the money […]
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U.S. stock index futures are staging a comeback despite lingering concerns over rate hikes, earnings, and global growth. Stocks fell sharply on Friday as investors slogged through another volatile session on Wall Street, which saw the S&P 500 end at its lowest level since early May and flirt with correction territory. Traders are now eyeing reports […]
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Volatility is front and center. This type of volatility is only seen once every 50 years, as described by Mr. Urban C, a brilliant mind with a Wharton pedigree. In today’s video, I cover just how wild a ride we are having this month and some amazing stats. What I will remind you is that […]
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With one week to go to Halloween, the market got a jump on spooking everyone. Yesterday’s wild ride saw the Dow down 550 on the lows, working aggressively back to near steady on the day, only to close down 125 points. This market drop is uncomfortable but should be no surprise. Key indicators were pointing […]
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So before we know it, we’ll be bombarded with the sales events of Black Friday. Let me be the first to throw that term out to you this year, as today is a Black Friday of sorts as well. 31 years ago today, in 1987 we witnessed one of the biggest single market smackdowns ever: […]
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Why oh why must our President express his every thought? This is not a political knock. I’m not picking one side of the aisle or the other. So before you jump to attack or defend him, hear me out. When a sitting President counters the thoughts of a Fed Chairman and places blame towards the […]
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