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<?xml-stylesheet href="http://xml.fxstreet.com/styles/rss2.xsl" type="text/xsl" media="screen"?><?xml-stylesheet href="http://xml.fxstreet.com/styles/itemcontent.css" type="text/css" media="screen"?><rss version="2.0" xml:base="http://wwww.fxstreet.com//education/trading-strategies/lessons-from-the-pros/index.xml"><channel><title>Lessons from the Pros</title><description /><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/</link><image><title>Forex Education</title><link>http://www.fxstreet.com/education/</link><url>http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif</url></image><ttl>7</ttl><item><title>Where Are Banks Buying And Selling In The Forex Market?</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/05/21/02/</link><description>London is one of the Forex trading hot spots on the planet. I live in Chicago but also spend time in London. When I am with London traders, I notice they are trying to make so many different strategies work in the Forex market, yet I don’t meet anyone who is achieving the success they are in search of. They don’t realize the key factor in trading is proper market timing. Market Timing, the ability to identify market turning points and market moves in advance, before they happen, with a very</description><pubDate>Tue, 21 May 2013 09:21:04 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/05/21/02/</guid></item><item><title>Trade With The Trend</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/05/14/</link><description>We have all heard the phrase, “Trade with the trend, the trend is your friend.” While there is much truth to this statement, what specific rule-based action do we take to make money from this simple concept? To dive into the important details and make sure that by the end of this article you are a better trader, I will use a recent Online Trading Academy Pro Pick in the stock market to make my points. Pro Picks is the Stock, Futures, and Forex picking service for Online Trading Academy</description><pubDate>Tue, 14 May 2013 10:04:51 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/05/14/</guid></item><item><title>Properly Thinking The Forex Markets</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/05/07/</link><description>One 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 of you and the person on the other side of your trade. Today, let’s take a walk through the history of one of the best trending</description><pubDate>Tue, 07 May 2013 10:15:09 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/05/07/</guid></item><item><title>Back to Basics</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/04/30/</link><description>Rally base drop, drop base drop, resistance, Fibonacci, Elliot Wave, and on and on…all attempts to figure out where price will turn in a market. What makes Online Trading Academy different is that we don’t subscribe to anything related to conventional technical analysis. We don’t do this just to be different, we ignore conventional technical analysis theory simply because it’s very flawed at its core (more on this in another article). For today’s piece, I thought I would literally take a page</description><pubDate>Tue, 30 Apr 2013 11:19:47 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/04/30/</guid></item><item><title>The OTA Bull Trap</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/04/23/</link><description>The cheetah and the gazelle…the crocodile and the wildebeest…the polar bear and the seal…the professional trader and the novice trader…what do these four relationships have in common? One is the hunter and the other is the hunted. Polar bears are white just like the icy snowy areas of the world they live in. Seals spend much of their time in water under a sheet of ice but have to come up for air at some point. When they come up for air, it is typically through a hole in that sheet of ice. Each</description><pubDate>Tue, 23 Apr 2013 09:15:38 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/04/23/</guid></item><item><title>Risk Management Basics</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/04/16/</link><description>One 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 a key part of the Online Trading Academy success. From the classroom to the Extended Learning Track (XLT), a big focus for us is showing traders how to reduce risk with three important tools. With</description><pubDate>Tue, 16 Apr 2013 11:10:37 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/04/16/</guid></item><item><title>Trading and Time Continued</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/04/09/</link><description>Recently I wrote an article on the concept of time. In today’s piece, I want to focus on a topic that also has to do with time. When identifying key turning points in markets, one question that often arises is the notion of “how far back to look for supply/demand levels on a chart.” Conventional wisdom says that the further back the level is, the less effective it is. As we know in trading, conventional wisdom is typically not just wrong, its often backwards. Let’s take a look at a trading</description><pubDate>Tue, 09 Apr 2013 10:30:01 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/04/09/</guid></item><item><title>Losing to Win</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/04/02/</link><description>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 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 were going to win in</description><pubDate>Tue, 02 Apr 2013 08:09:56 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/04/02/</guid></item><item><title>Charts and Time</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/03/26/</link><description>In my early days, I was always fascinated by the gap in the financial system between those who know what they are doing and profit, and those who don’t and lose money. I found it really fascinating that big strong institutions made so much money and were correct most of the time. At the same time, retail traders and investors were equally wrong most of the time and lost tons of money. If I could just figure out how and why an institution made the trading decisions they did, maybe one day I</description><pubDate>Tue, 26 Mar 2013 07:58:28 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/03/26/</guid></item><item><title>Trading Breakouts</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/03/19/</link><description>I have been in the trading business for nearly 20 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,</description><pubDate>Tue, 19 Mar 2013 15:07:28 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/03/19/</guid></item><item><title>The Art of the Bet</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/03/12/</link><description>Most people don’t like to mix the words “trading” and “gambling.” For many, this somehow gives the impression that trading is like some secret poker game in someone’s basement, a dark alley game of dice, or weekend trip to Las Vegas. While these three examples may not sound glamorous, they all share the important aspects of trading. Whether you are playing a poker game for money, trading one of the various markets we trade, or Pepsi buying commercial time on television, money is being put at</description><pubDate>Tue, 12 Mar 2013 09:48:03 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/03/12/</guid></item><item><title>The Global Forex Market</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/03/05/</link><description>I was recently leading an online Forex trading session. In the program, I was teaching through trading, analysis, and lessons. Being very active in the Forex market in the Extended Learning Track (XLT) and knowing all the marketing out there for trading Forex, I am guilty of assuming that most people know and understand what Forex trading is and also know a little about how these markets work. In the recent trading session, I realized I was wrong to assume that as there were many basic</description><pubDate>Tue, 05 Mar 2013 10:33:46 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/03/05/</guid></item><item><title>Will 3 Billion Dollars Change Your Mind?</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/02/26/</link><description>I have been involved with the markets for almost 20 years. I started on the institution side of the business but have spent much more time trading and building education content for the retail trader world. While I truly feel I am speaking the truth when it comes to the supply and demand strategy, I am and likely will always be very outnumbered when it comes to popular belief about strategies and that is perfectly fine with me. It really comes down to two schools of thought. Should your</description><pubDate>Tue, 26 Feb 2013 09:26:23 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/02/26/</guid></item><item><title>Out-Thinking Your Competition</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/02/19/</link><description>Often, I write articles about the importance of having or owning a competitive edge. It is amazing to me that people in general focus very little on this most important topic. Most traders read trading books and learn to buy and sell where everyone else who reads the books buys and sells, which ensures they will not have an edge. With most things in life, trading for sure, there is a winner and a loser. The consistent winner has an edge over the loser that includes two things: 1) Mental:</description><pubDate>Tue, 19 Feb 2013 09:54:12 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/02/19/</guid></item><item><title>Hope</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/02/12/</link><description>Another January and another Super Bowl. This year, however, was a bit different than Super Bowls past. The game for one seemed like a blowout but the second half was a very different story. We nearly witnessed the greatest comeback in Super Bowl history. Then, late in the game, San Francisco was within 10 yards of winning the game with four downs to score. All season long, this was an easy 7 points. I don’t think any of the 100 Million plus people watching the game thought the pistol offense</description><pubDate>Tue, 12 Feb 2013 09:54:17 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/02/12/</guid></item><item><title>Equity Index Futures</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/02/05/</link><description>There are many quality futures markets around the world. We trade most of the big ones at Online Trading Academy. However, the most popular futures markets are the Equity index futures. While they all move in the same direction, there are differences in them that allow traders to match these markets to their personalities. Below is some information in hopes that you will make the safe and beneficial choice should you ever decide to trade these markets. What are the Equity index Futures? Equity</description><pubDate>Tue, 05 Feb 2013 10:03:42 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/02/05/</guid></item><item><title>The Two Most Important Pictures On A Chart</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/01/29/</link><description>The goal for most traders is consistent profits, life-long income from speculating in markets. The key word in that sentence is “consistent.” Anyone can have profitable trades here and there, but do they produce consistent income and profits from trading? I have a friend who day trades the S&amp;amp;P Mini and has a winning percentage of around 80% but the problem is, he doesn’t make consistent income from trading. Sounds crazy I know, but one loss for him tends to wipe out all of the profits</description><pubDate>Tue, 29 Jan 2013 09:58:10 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/01/29/</guid></item><item><title>Sleight of Hand</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/01/22/</link><description>I will never forget the first time I saw David Copperfield live in Las Vegas. I actually sat in the front row, near the middle. While I was excited to see him perform, like everyone else, I wanted to really figure out “how he did it.” I was so confident that with my great seats and him right in front of me that I would easily figure out the illusion. When he would have us watch him do something with his right hand, I would focus on the left and the secret would be figured out. Trick after</description><pubDate>Tue, 22 Jan 2013 09:29:49 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/01/22/</guid></item><item><title>Social Media and Your Trading</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/01/15/</link><description>I 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 and</description><pubDate>Tue, 15 Jan 2013 08:06:03 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/01/15/</guid></item><item><title>The Path of Least Resistance</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/01/08/</link><description>Sir Isaac Newton was was born in England in 1642 and is considered one of the greatest scientists and mathematicians that ever lived. He lived for 85 years. In college, he had strong ideas about motion and broke them down into three laws which I will explain in simple terms below. Law 1: &amp;nbsp;An object at rest remains at rest unless acted on by an unbalanced force. An object in motion continues in motion with the same speed and in the same direction unless acted upon by an unbalanced force.</description><pubDate>Tue, 08 Jan 2013 10:42:42 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/01/08/</guid></item><item><title>Your Home Retail Business</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/01/02/</link><description>Walmart, Tesco, Costco, Sam’s Club, just to name a few…these are some of the biggest retailers in the world, huge operations that make fortunes in revenue. How do they do it? What is their big secret? Simple: at the end of the day, they have mastered the art of buying at wholesale prices and selling at retail prices. Wait, this is supposed to be an article on trading so why write about the retail world of gadgets, clothes, appliances, and more? It’s an important topic if you want to understand</description><pubDate>Wed, 02 Jan 2013 12:39:47 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2013/01/02/</guid></item><item><title>The Minefield Garden</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/12/26/02/</link><description>The 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, not the risk and work it takes to achieve the benefit, and that all makes sense. After all, no one gets excited about risk and potential failure. What most people don’t understand, let alone consider is that they are about to step into a “minefield” of very</description><pubDate>Wed, 26 Dec 2012 08:38:19 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/12/26/02/</guid></item><item><title>The More Things Change, The More They Stay The Same</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/12/18/02/</link><description>I remember my days on the trading floor of the Chicago Mercantile Exchange. My job was to facilitate institution order flow. Each day, I would take orders from banks, institutions, money managers, and so on and facilitate the execution of those orders into the various markets. Having the real buy and sell orders from the institutions in front of me, I could clearly see where the strongest demand and supply was in the markets. If I wanted to know where the low in the S&amp;amp;P was going to be,</description><pubDate>Tue, 18 Dec 2012 14:51:23 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/12/18/02/</guid></item><item><title>The More Things Change, The More They Stay The Same</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/12/18/</link><description>I remember my days on the trading floor of the Chicago Mercantile Exchange. My job was to facilitate institution order flow. Each day, I would take orders from banks, institutions, money managers, and so on and facilitate the execution of those orders into the various markets. Having the real buy and sell orders from the institutions in front of me, I could clearly see where the strongest demand and supply was in the markets. If I wanted to know where the low in the S&amp;amp;P was going to be,</description><pubDate>Tue, 18 Dec 2012 10:38:04 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/12/18/</guid></item><item><title>You're Driving a Ferrari, But Have You Learned How To Drive?</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/12/11/</link><description>I was in Dubai, UAE last week and as usual, while sitting outside having lunch in Jumeirah&amp;nbsp;Beach, I noticed all the fancy cars driving by. There were Ferraris, Lamborghinis, and even a McLaren, which you don’t see too often. One of the Ferraris stood out to me. Not because of the car itself but because of the driver. I noticed the two gentleman in the car were very young, they looked like teenagers. The driver seemed to have trouble driving the car and that reminded me of something in</description><pubDate>Tue, 11 Dec 2012 11:23:05 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/12/11/</guid></item><item><title>Profit Zone</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/12/05/</link><description>This morning I was flipping between some news networks and after listening for two minutes, you would think the world was coming to an end…or as TV tells us, “falling off a cliff” (as in the impending fiscal cliff). This was enough to make my head spin so I turned it off. When I then went and looked at my charts, I was reminded that the S&amp;amp;P continues to decline from our major XLT supply level. You have two choices during these most interesting times. One is to give into fear and take no</description><pubDate>Wed, 05 Dec 2012 05:05:55 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/12/05/</guid></item><item><title>The Cycle of "IT" – Part IV</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/11/28/</link><description>I hope everyone had a fantastic Thanksgiving holiday. Thanksgiving, as we all know, is the one day of the year where we all reflect on what we are thankful for and the really important things in life, love and family. It is a day where most people really take time to understand how fortunate we all are. Now, think about that very moment when you were sitting at the dinner table and everyone was going around the room telling your family what they are thankful for. Think about how you felt… Now,</description><pubDate>Wed, 28 Nov 2012 07:25:30 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/11/28/</guid></item><item><title>Is It a Duck or a Lobster? Part 2</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/11/07/</link><description>If it looks like a duck, walks like a duck, quacks like a duck, smells like a duck…it’s probably not a lobster. No matter what the leading research analyst on ducks and lobsters says. Even if someone wins a Nobel Prize because they have determined that a duck is actually a lobster based on a sophisticated mathematical equation, it’s still a duck. Adam Smith, whom many call the father of economics, laid out the ground rules for supply and demand hundreds of years ago. In his book, “The Wealth</description><pubDate>Wed, 07 Nov 2012 07:16:16 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/11/07/</guid></item><item><title>Focus</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/10/30/</link><description>Today’s piece will be short and sweet. It’s not that I don’t have time to write an article this week or don’t want to. It’s because I really don’t have much to say on today’s topic, and to make this simple point into a long drawn-out article would be wasting your time. I am going to suggest something today that some people won’t be able to do and others will disagree with. A few others on the other hand will be able to do this and are already doing it in the Extended Learning Track (XLT), our</description><pubDate>Tue, 30 Oct 2012 14:38:48 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/10/30/</guid></item><item><title>Time</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/10/23/</link><description>One thing I have paid close attention to in my many years of writing articles is making sure I do not spend much time writing about concepts and strategies that everyone else writes and talks about. If I did, there would be no point in reading my articles. To accomplish this, however, means suggesting ideas, concepts, and strategies that sometimes fly in the face of conventional wisdom. What I have found over the years is that simply questioning anything conventional often exposes a flaw and</description><pubDate>Tue, 23 Oct 2012 14:50:44 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/10/23/</guid></item><item><title>A Person's a Person, No Matter How Small</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/10/16/</link><description>A while back, I was in Southern California for a trading event. One evening, I drove down to Laguna Beach and walked around the area, enjoying the art studios and the beach. I happened to walk into one studio and saw a large painting of “The Cat in the Hat” painted by Dr. Seuss himself. I am a huge Dr. Seuss fan so I was very excited and looked on. What I found was a treasure of Dr. Seuss artifacts unlike anything I had seen before. There were pictures of “The Lorax,” a Statue of “Yurtle the</description><pubDate>Tue, 16 Oct 2012 14:43:55 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/10/16/</guid></item><item><title>A Fresh Idea for an Old Problem</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/10/10/</link><description>The “Double Bottom” is perhaps the most popular of all the conventional technical analysis setups. It is in nearly every trading book written dating back almost a century. I Googled the term and found 9,310,000 search results. With all the attention and popularity, everyone must be making a fortune with this trading setup. The problem is this: how many people do you know that make a consistent low risk living trading the Double Bottom? I speak with and to hundreds of thousands of people around</description><pubDate>Wed, 10 Oct 2012 05:02:30 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/10/10/</guid></item><item><title>What Doesn't Kill You Makes You Stronger</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/10/02/</link><description>We have all heard that line before but have you really lived through it? Have you experienced true financial loss at a level where you didn’t know where or if you would get the money for that next mortgage payment or even that next meal? Have you gone through a divorce and lost your family and fortune at the same time? Or worse yet, have you experienced the loss of a loved one due to an unforeseen illness or accident? Life is both incredibly hard and wonderful at the same time. I have been</description><pubDate>Tue, 02 Oct 2012 14:56:21 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/10/02/</guid></item><item><title>The Science of Trading</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/09/25/</link><description>Each day, my team and I produce supply and demand levels for some of the major global markets as you can see below. These levels are meant for both short and long term trading, and are found in the Mastermind Community at OTA. The screen shots below are the supply and demand level grids from Monday Sep. 17 – Thursday Sep. 20. For this week’s article, I want to focus on a demand level in the NASDAQ that I focused on for much of last week for our traders as it represents a couple of key Odds</description><pubDate>Tue, 25 Sep 2012 14:17:51 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/09/25/</guid></item><item><title>The Science of Trading</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/09/18/</link><description>How many times have you heard someone say that “trading is an art, not a science”? I have heard that for years and years, and I have to say, it is probably the most ridiculous statement when it comes to trading. And as we all know, there are some pretty ridiculous statements in the trading world. There is absolutely nothing artistic about trading at all. This is 100% a numbers game… How much willing demand and supply at each price level is what determines price movement. It’s the buy orders vs</description><pubDate>Tue, 18 Sep 2012 14:49:42 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/09/18/</guid></item><item><title>You Already Have a Trading Style</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/09/11/</link><description>You already have a trading style, it’s your belief system. Whether that is the trading style you end up with or not depends on whether you change your belief system or not, and this is not an easy task. 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 nearly 100% mental. Winning in the markets is more defined by your mental make-up than your trading style. What is more</description><pubDate>Tue, 11 Sep 2012 14:01:17 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/09/11/</guid></item><item><title>What Kind of Pony are You?</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/09/05/</link><description>If you are a one-time frame trader, you are like the one-trick pony. As soon as another pony comes along with two tricks, the one-trick pony can’t compete. In trading, one-time frame active traders simply can’t compete with those who view and quantify the markets entire supply and demand picture. Often I hear active traders talk about the time frames they look at when they trade. I hear many different things like “I trade off of a 2 minute chart, I like the 466 tick chart,” and so on. When I</description><pubDate>Wed, 05 Sep 2012 13:32:53 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/09/05/</guid></item><item><title>It's All About You</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/08/28/</link><description>I have been writing articles each week to Online Trading Academy members for over two years. My goal is to slowly help the misinformed public gain an edge that levels the playing field in the trading and investing world between the novice hard-working public and “Wall Street” professionals. As I have said many times, money is simply transferred from the misinformed novice who does not understand the reality of how money and markets work to those with proper “edge building” education on the</description><pubDate>Tue, 28 Aug 2012 14:30:20 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/08/28/</guid></item><item><title>Inside The Mind of an XLT Trader</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/08/21/</link><description>Last week, I shared a trade taken in the Extended Learning Track (XLT) on July 16th. The XLT is our graduate online trading program. The purpose of the article was to point out how important it is to keep trading simple. I received some important questions regarding that trade so I thought I would share all the details of what made that trade work. Not to add complexity but instead, to dive into the psychology of what made that and many of our trades work. Always remember, not all trades are</description><pubDate>Tue, 21 Aug 2012 14:07:19 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/08/21/</guid></item><item><title>Keep It Simple</title><link>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/08/16/</link><description>In today’s day and age of high speed computers, lighting fast financial information, and data overload, diving into the world of trading can be a frightening challenge for a newcomer to say the least. Add on top of that deciding which strategy to use and it’s no wonder why so many traders fail. You can choose the path of fundamental analysis where you will focus on economic and financial reports to make decisions. You can focus on conventional technical analysis which is loaded with price</description><pubDate>Thu, 16 Aug 2012 06:31:02 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/education/trading-strategies/">http://www.fxstreet.com/education/trading-strategies/</category><author>contact@tradingacademy.com (Online Trading Academy)</author><guid>http://www.fxstreet.com/education/trading-strategies/lessons-from-the-pros/2012/08/16/</guid></item></channel></rss>