http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/http://www.fxstreet.com/education/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-11-17.htmlConventional technical analysis strategies have been around a long time. Some say this school of thought dates back more than one hundred years. While it is popular with traders and its rules and beliefs fill entire sections at all major book stores, I would argue that this school of thought really offers little to no edge in the world of market speculation when it comes to strategies. I have written on this topic before and each time, I receive some not so happy e-mails from those whoTue, 17 Nov 2009 13:19:03 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-11-17.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-11-10.htmlOne of the main problems new traders have when they begin their journey down the education path to self empowerment is that they skip the most important first step: How to properly "think" money and markets. Many of my articles deal with thinking the trading side of the equation; everything from the mechanics of when to buy and sell, to understanding the psychology issues for you and the person on the other side of your trade. Today, let's take a walk through the history of one of the bestTue, 10 Nov 2009 11:28:46 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-11-10.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2008-12-11.htmlThe following is a concept discussed at length in my book due out mid-2009. At the core of any significant economic, political, scientific, social, medical, psychological or cultural theory lies a quest to understand and quantify the forces of change, action, or energy. The theories that attempt to quantify "force" that have stood the test of time, date back centuries and are extremely simple. In 1686, noted physicist Isaac Newton suggested in his laws of motion that an object will remain inThu, 11 Dec 2008 07:49:31 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2008-12-11.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-11-03.htmlI have been in the business of trading and trading education for many years. The most fascinating part of money and markets for me is witnessing how the masses around the world "think" the markets. I guess a more accurate way to describe it would be to say "miss-think" the markets. What the average person who gets involved in trading or investing does not understand is that for the most part, they already know how to properly buy into markets before ever opening an account or reading a book onTue, 03 Nov 2009 11:21:33 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-11-03.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-10-27.htmlThere is a hand signal we use on the trading floor. The signal is to put your hand to your throat like your choking yourself. The name for this signal is "hung." Not a pretty visual I know but its meaning is just as uncomfortable. A trader will do this when they are stuck in a very bad losing position. Most often, it was someone buying right into supply (resistance) right before price collapsed, or selling short right into demand (support), right before a strong rally. Whether the action was aTue, 27 Oct 2009 10:14:46 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-10-27.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-10-20.htmlOne of the fastest growing and most popular asset classes in the world is Futures. There are a few reasons why this asset class is so attractive to both retail and professional market speculators.  Some Benefits of the Futures Markets: No $25,000 minimum requirement like you have in Equities Plenty of leverage, low margin requirements Most of the major Futures markets that we want to trade have close to 24 hour trading Only set of markets in the world where you have real non-correlated /Tue, 20 Oct 2009 10:07:00 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-10-20.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-10-13.htmlI can always tell how much someone knows about trading and markets and how well they are doing by listening to their questions. With each new year, questions, in general, have become more and more intelligent which means the competition is getting stronger. Recently, some important questions have been sent to me by Online Trading Academy students. For your benefit, I thought I would share them and the answers with you in this piece. Good Morning Sam, This AM I took 2 trades a minute into theTue, 13 Oct 2009 10:09:04 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-10-13.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-10-06.htmlTypically, I write these articles from the comforts of my home, when things are nice and quiet, and after plenty of thought. Not this time... As I am writing, I am on an airplane cruising at 34,000 feet on my way home from Foolsville. This trip was such an experience, I could not wait to start writing and sharing it with you. I was there two days and really made the most of my time. In the end, I finally figured out something I have been wondering about for a long time. I will go over that inTue, 06 Oct 2009 10:16:33 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-10-06.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-09-29.htmlIt's been a busy few weeks but I do have a little break in my schedule. I am going to use this time wisely and take that trip to Foolsville. I was able to reschedule my meeting with the Foolsville Mayor and the finance board so I will get some questions answered and report all this to you soon. When I called to make my travel arrangements, they suggested an airline I never heard of before. When I checked prices, I realized that this was the most expensive way to get to Foolsville. I quicklyTue, 29 Sep 2009 10:51:51 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-09-29.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-09-22.htmlI am winner My whole life, I have been very involved in sports. Ice hockey, soccer, golf, and tennis are the sports I love to compete in. Playing hockey at such a high level, I learned how to win, consistently. There were always teams in the league that would win consistently and others that would lose. When we would play a team that had a bad record, sometimes they would be leading the game for a while but I never worried. It was almost like we could be down by a few goals and we knew we wereTue, 22 Sep 2009 10:18:42 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-09-22.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-09-15.htmlI wonder if Isaac Newton realized when drafting his laws of motion and mass that these principles also precisely defined the movement in price in any and all markets? Newton first described the relationship of forces acting on a body and the motion of that body in his work, Philosophiæ Naturalis Principia Mathematica, Latin for, "Mathematical Principles of Natural Philosophy." Below are Newton's first and second laws in Latin from the original 1687 edition of Principia Mathematica.  DoesTue, 15 Sep 2009 10:34:53 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-09-15.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-09-09.htmlGrowing up, I tried to do what I was told to do much of the time, whether I agreed with it or not. After all, what did I know, I was just a kid. In school, I was taught what everyone else was taught and therefore, learned what everyone else learned. To be honest, this never really felt right to me. At the time, I didn't know why it felt uncomfortable but something didn't sit right with me about how I was learning. I ended up spending as much time in school as I needed to in order to keep thoseWed, 09 Sep 2009 10:27:37 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-09-09.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-09-01.htmlThe world of market speculating is made up of everyone from the active day trader to the longer term investor, speculating in all kinds of markets and asset classes. People all around the globe pushing buy and sell buttons each day in hopes of achieving income and wealth. Never in history has there been so many books written on how to speculate in markets. Each weekend in many cities around the world, there are educational seminars given on how to "get rich" from trading. With so muchTue, 01 Sep 2009 10:21:47 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-09-01.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-08-25.htmlI am so grateful that I had the privilege of starting my career in the financial markets on the trading floor of the Chicago Mercantile Exchange. The most important lesson I learned was how money is REALLY transferred from one trader's account to another. Every day, retail trader accounts would be transferred into institution accounts, market maker accounts, and so on. When markets would decline to price levels where the institutions had their buy orders (real demand), retail traders andTue, 25 Aug 2009 10:27:28 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-08-25.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-08-18.htmlI have made my mark in trading and trading education by thinking differently. One of the things I am always fascinated with is how we are taught to do certain things and how we learn, specifically when it comes to anything that has to do with competing. In the United States for example, we compete for jobs, money, better this, and better that… Have you ever realized that in the biggest democracy in history, our school systems don't teach classes on how to compete? In capitalism, there isTue, 18 Aug 2009 10:18:08 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-08-18.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-08-11.htmlI thought I would use this week's piece to answer some important questions that many people likely share. Getting the right answers in an industry that is fraught with misleading information can be a daunting task for the new market speculator so I will do my best to give you the straight answer to some of the most frequently asked questions.  Question: How long will it take me to become a successful market speculator? This is a frequently asked question. After being in the business forTue, 11 Aug 2009 10:18:03 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-08-11.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-08-04.htmlBefore I dive into this topic, let me start by saying that money does not buy happiness and yes, the best things in life are free. I am, however, old enough to realize that if I want to live in a nice neighborhood, have access to really good healthcare, travel and see the world, retire at some point, and provide some financial security for my family; I need money and buying power, and lots of it. To get right down to what is most important, it's all about having choices in life andTue, 04 Aug 2009 10:08:28 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-08-04.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-07-28.htmlI have been in the trading business for over 15 years as a trader, fund manager, and trainer, beginning on the floor of the Chicago Mercantile Exchange. While I feel like I have seen it all, the one thing that still surprises me is how most traders handle breakouts. Most traders seem to let emotion complicate what can really be a simple, rule based, and very profitable strategy. Trading breakouts can be high risk, high stress, low reward, and low probability or this strategy can be low risk,Tue, 28 Jul 2009 12:20:08 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-07-28.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-07-21.htmlWant to know if you will be a successful trader or not? I have the crystal ball and can tell you and will share that in a bit. Moves in markets are a result of mass psychology. We make money in the markets by being masters of human psychology and supply and demand. Winning and losing in the markets is more defined by your mental make-up than your trading style. What is more important than chart reading is to first understand what you think. Instead of focusing on changing your actions ifTue, 21 Jul 2009 10:08:18 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-07-21.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-07-14.htmlOccam's Razor is an old scientific principle that suggests the simplest answer is typically the right answer to a given question. Often, the obvious can stare you right in the face and you will never realize it, the illusive obvious. The problem is not that illusion is distorting reality and creating confusion. The problem is that for most, the illusion is reality. As humans, we often look deeper into issues when attempting to resolve them which often ends up making the issue more complicated.Tue, 14 Jul 2009 10:19:25 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-07-14.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-07-08.htmlOwning the skill to identify turning points in markets is the key to low risk, high reward, and high probability market speculating. Actually, it is a skill that offers benefits far beyond simple market speculating. Today, I wanted to go over two other benefits that proper demand and supply analysis offers us. For those who pay attention to this simple yet powerful skill, it may mean the difference between a healthy financial nest egg and disaster. First, let's not forget how and why prices inWed, 08 Jul 2009 10:08:16 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-07-08.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-06-30.htmlThere are many questions that new and experienced traders have on a routine basis. Instead of going over two or three questions in lots of detail, I thought I would change things up a big and go through a rapid fire short question and answer piece that offers my opinion which is based on my experience. This is all for educational purposes only and to specifically share my experience with common issues among traders and investors. What markets should I trade if I am new and don't have theTue, 30 Jun 2009 11:03:05 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-06-30.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-06-23.htmlI say those words often lately to Online Trading Academy students. It's not that I am asking them to pay attention to me, though I am happy when they do. What I am suggesting is that they (you) pay attention to the reality of what is happening around you. Being aware of the simple things in life that most people ignore is one of the most important components to desirable outcomes and achievements. If you think what I am suggesting is a waste of time and just another article on tradingTue, 23 Jun 2009 11:28:40 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-06-23.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-06-16.htmlLast week, I profiled a year long journey of one of our students. I referenced a part of a piece I wrote a while back, comparing the traits of the novice trader and the consistently profitable trader. I received many emails from people asking for this information so I thought I would share this with you today. Moves in markets are a result of mass psychology. We make money in the markets by being masters of human psychology and supply and demand. It is well-known that trading is 90% mental.Tue, 16 Jun 2009 10:29:37 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-06-16.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-06-09.htmlHaving a bird's eye view of many Online Trading Academy students' trading results, I can clearly see the difference between those who are successful and those who aren't. There are common traits that distinguish the two. If you are interested in knowing those differences, please read an article I wrote a while back where I list these differences. It can be found in the Lesson from the Pros archive. Today, I thought it would benefit you to see the path of one of our students that is well on hisTue, 09 Jun 2009 12:06:19 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-06-09.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-06-02.htmlIt has been many years of writing articles, market commentaries, and trading advisory letters. I wanted to take this opportunity to thank you for your support and feedback. While I always try to respond to each and every email, occasionally I miss some and I apologize for that. Your feedback is always appreciated. Today's piece will focus on a shorting opportunity we identified in the S&P during a live Extended Learning Track (XLT) - Futures session, Wednesday, May 27th. Many activeTue, 02 Jun 2009 12:24:27 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-06-02.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-05-28.htmlToday, I wanted to continue my discussion from last week's piece on governing dynamics with a live market trade from the Extended Learning Track (XLT) class. On Wednesday, May 20, we had a live trading and analysis session in the XLT - Momentum Intraday Trading program. Before getting into that trade, understand that price movement in any market is a function of an ongoing demand / supply and human behavior relationship. Low risk / high reward / high probability trading opportunity is presentThu, 28 May 2009 06:09:38 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-05-28.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-05-20.htmlLast week, I wrote a piece that explained the importance of being aware of the psychological traps that lead to poor trading and investing decisions. I received many emails thanking me for writing on the psychology topic and asking for more. Thanks so much for those emails, keep them coming. What I try to focus on most in articles are the irrefutable laws and principles of supply (resistance) and demand (support). Furthermore, I attempt to show with real trades from our students and myself howWed, 20 May 2009 05:45:19 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-05-20.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-05-13.htmlTrading psychology is a subject most books and so-called professionals keep separate from the mechanics and strategies of trading and investing. A reality largely misunderstood is that the underlying mechanics and strategies within trading and investing are a direct function of your psychological belief system. At any given time in the stock market, there are buy and sell invitations sent out in the form of news events, technical indicators, earnings reports, company announcements, brokerageWed, 13 May 2009 06:56:12 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-05-13.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-05-06.htmlToday I wanted to share part of a lesson right out of the Extended Learning Track (XLT) program with you. It deals directly with identifying high probability turning points and if you are not a member of the XLT, you have not heard it before. This information is not in books, articles, and so on. Keep in mind that the XLT is the graduate program where we transform theory into real world trading and investing. The lesson and information is titled: "Odds Enhancers." Many people think that everyWed, 06 May 2009 05:44:34 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-05-06.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-04-29.htmlI have been in the trading and trading education world for many years. My path began on the floor of the Chicago Mercantile Exchange and included writing a daily trading advisory letter for three firms, managing funds for clients and myself, lecturing to thousands of traders and investors around the world, and more. I remember the very early days when I became interested in charts. There was no manual or book to teach you how to build a chart or anything like that. Often, the one machine onWed, 29 Apr 2009 05:41:16 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-04-29.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-04-22.htmlToday I want to discuss an issue I am asked about on a regular basis. It has to do with the most important component of trading or investing. This key component is identifying turning points in markets. This is far and away the most important piece of the puzzle because if you can't identify specific low risk, high reward, and high probability turning points in the market on a consistent basis, you will never be able to manage risk properly. Often, I receive emails from traders who talk ofWed, 22 Apr 2009 05:28:20 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-04-22.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-04-15.htmlThe day someone decides they are going to pursue a trading career, they are typically making that decision because of the potential financial prize. In other words, they are making that decision because of the perceived benefit. What most people don't understand, let alone consider, is that they are about to step into a "mine field" of traps that have the potential to drain and destroy their bank account and self confidence all in one. When I look at the traders who do well and those whoWed, 15 Apr 2009 05:54:12 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-04-15.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-04-07.htmlEach day in the morning, the global equity markets are flooded with more news than anyone can possibly read, let alone process. To make matters worse, the news is often conflicting which only complicates the trader's task of processing news into a trading plan for that day, week, or month. New traders I meet either at an event or in the Extended Learning Track (XLT) program tend to have one more layer of confusion when it comes to news which seems to create the most complicated illusion ofTue, 07 Apr 2009 05:51:18 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-04-07.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-04-01.htmlOne thing that is certain in anyone's trading career is losses. Even the best traders lose from time to time. What the best traders have in common, however, is that they are very professional losers. Knowing how to lose properly is a must in a long and prosperous trading career. This theme is also the backbone of the Online Trading Academy success. From the classroom to the Extended Learning Track (XLT) program, a main focus for us is showing traders how to reduce risk with three importantWed, 01 Apr 2009 05:41:08 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-04-01.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-03-25.htmlWhen it comes to the different asset classes, I get more questions about the Futures markets than any other markets. This is because many people hear from others how great these markets are for short and long-term trading but know very little about them. The Futures are some of the highest volume markets in the world. They have many benefits that other asset classes don't and I will bullet those points for you here. Benefits of the Futures Markets: No $25,000 minimum requirement like you haveWed, 25 Mar 2009 06:00:01 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-03-25.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-03-18.htmlWhen walking around an Online Trading Academy classroom during the trading portion of a Professional Trader class, I see the trading workspaces of traders, the charts they are looking at and most important, what lines, circles, indicators, and oscillators are on those charts. This last part is most important because what you add to a raw price chart will likely strongly influence your trading decision. After all, why else would someone add something to a chart? The biggest issue I see in theWed, 18 Mar 2009 05:42:16 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-03-18.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-03-11.htmlThe other day, I was spending time with a friend of mine I have been close with since we were children. For years, anytime my career comes up in conversation, he insists that my trading career is nothing more than gambling. At trading events and such, I often get asked if I think there is any difference between trading and gambling. It is a very hard question for me to answer because I think the whole question is wrong. Whether you are a trader, gambler in a casino, Pepsi buying advertisingWed, 11 Mar 2009 10:11:13 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-03-11.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-03-03.htmlWith the many emails I receive, there are always a few common questions people have. Some of the questions are not key questions for trading but others certainly are. Of that key group of important trading questions, I thought I would share some with you today. Khoi – XLT Student Hello Sam, I really enjoy your teaching. It helps me a lot. Would you please explain how we can identify and distinguish a pro-gap vs a novice gap in an uptrend? Sam – Hi Khoi, Thanks for the email. In an uptrend, aTue, 03 Mar 2009 14:58:03 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-03-03.htmlhttp://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-02-25.htmlIt is time to revisit an ever important topic. I have been in the trading and trading education world for many years. This has allowed me to watch traders grow at different levels and reach different levels of success and failure. I have often wondered and speculated on the difference between those who achieve success and those who fail. For me, the answer lies in the proper definition of success when it comes to trading, or any occupation for that matter. Let me explain a scenario that I haveWed, 25 Feb 2009 05:35:08 GMThttp://www.fxstreet.com/education/trading-strategies/contact@tradingacademy.com (Online Trading Academy)http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2009-02-25.html