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...

Jun 15, 2016

By:   Louis Monsour Apple has been on a $300 tumble since September when it reached $705 per share, did you make money on its decline? Why not? Google has been on a steady $190 rise since November, did you make money on its rise? Why not? The market took a dive for 100 points. The market rallied for 200 points. The market was dead and only closed one point...

Sep 15, 2015

By:  Louis Monsour Life is too short to rely on what other people say, think, do or do not do.  If you are driven to succeed in any way shape or form you must strive to soar like an eagle and it is incredibly difficult to do that when you hang around with a bunch of turkeys. The sad truth is that most of us cannot shake those turkeys because they include family...

Sep 15, 2012

Short Sales have become very common in the last few years.  They are not a fad or an enjoyable process, but rather a necessity for many sellers and banks alike.  A short sale is not exactly a problem solution for either sellers or banks, rather it is a way to close the books on a bad situation and move on to hopefully better things. What exactly is a short...