Jan 12, 2017

For a few years we have been discussing how manipulated the market has become and how unreliable it is to follow the past.  Don’t get me wrong, we are not throwing out everything and starting from scratch.  It’s just that suspending common sense and trading on market sense now requires extra patience. For the past 10 years or so it was understood that the VIX...

Jan 6, 2017

Our lives have been bombarded with financial experts preaching, “… debt is bad, debt is bad, debt is bad.” Saying that debt is bad is like saying fire is bad and you should never use it.  Just like anything in life if you misuse the greatest of things it will be bad for you. How our educational system has failed generations of Americans and people around the...

Jan 5, 2017

Rules, rules, rules.  One of the SEC rules concerns the ability of the everyday trader to manage his/her own money.  The rule states that if you have less than $25,000 in your trading account then your trading will be limited to only 3 trades every 5 business days. So long as you stay below the 3 trades every 5 days then your account will be labeled as a...

Dec 15, 2016

I have been asked many times about the reality and success of trading futures.  Is it dangerous? Is it profitable? Is it hard? My answer is yes to all three questions.  Anything is dangerous if you don’t know what you are doing, anything is profitable if you know what you are doing and anything is hard if you make it that way. Futures trading is a profitable...