Power Trading Radio - A Trader's Perspective On Investing In Stocks, Futures, Forex, Options Podcast

The fun continues from the Online Trading Academy International Conference! This session Tillie Allison starts things off talking about Community and some of the new initiatives that Online Trading Academy is rolling out to help build that community. Tillie stresses that much of her success has come from working with other traders and learning from their mistakes, as well as building on their strategies, Next Bert Antonik joins the show to talk about his NEW residency in Singapore. Bert moved there last year to help teach at the Singapore office and has subsequently moved there permanently. He shares with us his perspectives of the EURO and all the news that is swirling around Greece. The duo breaks down some of the key levels on the Euro before looking at a few other currency pairs

The annual pilgrimage to Trading Mecca began yesterday out in Sunny Southern California. Over 60 Traders and instructors gathered for several days of education and collaborative works in an effort to improve each other’s trading and training skills. Derek Zelek, fresh off a several month teaching tour in India joins us to share his thoughts on the conference and the current happenings in the trading world. Derek and Merlin talk about the recent break of the trading range on the S&P 500, and what it means for traders. Derek goes on to say that he believes that it is going to be a head fake, drawing traders in short, before ripping back up and stopping them out before heading back down.

As a rare treat, Tillie Allison co-hosts Power Trading Radio for wealth management Thursday. After walking through some quick examples of stop loss modifications, Merlin and Tillie dive into some of the issues facing the investment world. Tillie talks about sector leadership and rotation in ones portfolio, stressing the importance of portfolio rebalancing. Later, the duo looks at how to effectively use technical indicators as conformation & decision support tools. PowerPick: NFLX

The Yo-Yo markets drop again, erasing a good chunk of yesterday’s gains. With no sign of a break to this volatility, traders MUST adapt their trading to accommodate these fluctuations. Craig Weil, 38 year market veteran, joins Power Trading Radio to share some of the things that he has done in his trading career to accommodate the markets when he identified a change in behavior. Craig uses the analogy of hitting for singles and doubles, and completely forgetting about home runs. This attitude has helped him survive turbulent times and focus on what is really important: Consistently Making Money over the course of your Life!

The short term bounce continues, rallying price near short term supply levels. Will Dallas Fed President Fisher’s comments have a lasting negative effect on the markets? Or just a short term sell-off? Sam Seiden joins the show and shares some of the highlights of his recent presentations at the Las Vegas Forex & Futures with listeners, and emphasizes the importance of how commodities and currencies impact each other. PowerPick: SPY

Strong bullish day on low volume temporarily calms fears of a market crash, yet does not mean we are out of the woods yet. Martin Dim joins the show to talk about how the recent market behavior has caused him to change his trading tools and tactics. Marty shares with listeners an experience he had in his Stock trading class today, which highlights the importance of proper order management and record keeping. One small error could cost you thousands of dollars in losses, and could be easily prevented! After taking several listener questions, Marty and Merlin share their intermediate term outlook on the markets. PowerPick: VXX

With another round of margin increases for gold futures traders, Gold prices plummeted today. Commodities were the most volatile sector of our markets by far, and may present some good trading opportunities for short term as well as Long term investors. John O’Donnell shares his thoughts on his favorite precious metal, as well as the condition of the global financial markets. Financials also took a beating, helped out by some downgrades of major banks like BAC and WFC. PowerPick: DOW

The pot of international turmoil is beginning to boil, spilling fear to nearly every market around the globe. However, this fear reeks of Opportunity! Russ Allen joins the show to talk about what areas investors should shy away from, and which ones present greater than average returns. Russ address the use of options for your long term accounts as a great vehicle to generate income without actually owning the security. PowerPick: MOS

Operation Twist was revealed today, and not to much fanfare! The markets sold off hard on the news, as many traders realize that it is not really going to have much impact on the continuing economic problems at home. Tillie Allison joins Merlin with a special announcement for Power Trading Radio listeners. September the 29th, Tillie and Merlin will be hosting a free online webinar about Moving Average Strategies. T0 register, click this link: http://bit.ly/nNrXJKor visit www.Powertradingradio.com Later in the show Tillie talks about how to trade these volatile moments of news, as well as how she uses “set-it-and-forget-it” orders to help curb her emotions. PowerPick: PRU

More bad news for the Euro as Italy gets downgraded by S&P. What are the impacts on the global currency markets for this as well as the ongoing Greek situation? Rick Wright joins the show to talk about he has recently changed his trading style to adapt to current market conditions. Later in the show, Rick offers his insights into what a Greek default might mean to the Euro, and where he is looking for trading opportunities if that does happen. PowerPick:MHP

Europe continues to give us a Pogo stick market, spreading Greece fears again causing our markets to gap down sharply on the open. Even with the bad start, the marker regrouped  and rallied for most of the trading session, but still closed lower. Mike McMahon joins Power Trading Radio fresh out of his class in Washington DC, giving insight into what his trading routine is, and how important it is for him to get students to build their own routine.  Merlin then dives into the mail bag, answering several listener questions about a variety of securities. PowerPick: EBAY

A great week for the bulls was capped off by a heavy volume Friday closing on high notes. John O’Donnell and Merlin Rothfeld tackle several listener questions on topics rangeing from Gold to Centeral Bank Intervention. John offers listeners a FREE copy of his “Why Gold, Why Now” presentation to all listeners who call in, and offers some insight as to what vehicles are best for trading gold. This weekend edition has a strong emphasis on Risk Management and gives several examples of how Online Trading Academy’s ProPicks are up more than 50% on the year, while all major market indexes are down (except for the NASDAQ, currently up 1.2% on the year). Beating them is not difficult if you have rules and discipline! PowerPick: MXIM

The masses continue to push the markets to the upside, and rapidly approaching very strong supply levels. Dr. Woody Johnson joins the program to help out listeners of Power Trading Radio deal with their Psychological problems as they relate to trading. Dr. Johnson is the author of “From Pain to Profit:  Secrets of the Peak Performance Trader” and instructor of the Online Trading Academy psychology courses and an Online Mentoring program to help traders with their trading problems. PowerPick: G

With a live studio audience, Merlin tackles a question about his bearish outlook for the markets. Online Trading Academy graduate, Brandon Tristan joins the program to talk about his progression as a trader. Starting off with the ProTrader stock class, moving his way into the XLT, then becoming an Online Trading Academy instructor, Brandon’s journey exemplifies their mission statement of “Transforming lives through exceptional trading and investing education”. All roads have their turns, and Brandon shares his experiences, as well as what the XLT community is looking at. PowerPick:QQQ

With the global community growing increasingly concerned with the Debt crisis over in Europe, many are grumbling about the impact of ECB intervention and the impact it will have on our financial markets. Sam Seiden, shares his experiences and thoughts on the matter, going on to point out that he has never seen intervention work, and that markets just need to "Organically" resolve themselves. Although, he is probably right, we will most likely continue to see efforts to stabilize failing countries and companies. Faced with that knowledge, traders must then look to see how they can capitalize on these moments of turmoil: maximizing returns and minimizing risk. PowerPick: AET

More pain for the financial markets floods as the European situation escalates. Kyle Hibbard joins the show to talk about how this news is impacting the equity markets, and what it means for his students taking the Online Trading Academy Pro Trader course. While embracing volatility, Kyle stresses the need for having a plan and using all the tools available to maximize your risk reward ratio. With this information, we review a trade that was made in the Pro Trader class today on LRCX. Later, the duo talks about the synergy and importance of trading multiple asset classes to gain greater probability of a trade working in our favor. PowerPick: GBPUSD

Fresh off the heels of President Obama’s speech to Congress, John O’Donnell weighs in with his thoughts. Will we see if anything changes in the future, one thing for sure is that the markets didn’t feel any confidence on Friday! John sites the recent spike in gold as a flight to safety for much of the fiat currencies around the world, a trend he thinks will continue for some time. PowerPick: EURUSD

As the debate rages on as to whether you can time the markets or not, Tillie Allison presents an interesting argument for a different form of Market Timing: Demographic Timing. With 70+ million baby boomers approaching retirement, their investment patterns are going to change, and in a rather predictable manner. What does this mean for the average investor? Tillie shares her thoughts on the issue as well as talks about her upcoming article in Trader Magazine talking about Trading Habits. PowerPick: ORLY

Steve Bobbitt joins the show today live from Atlanta where he is teaching a TradeStation Platform Immersion class. Merlin and Steve talk about trading as two separate components: The Analytical side and the Execution side. Even with the best analysis, if a trader cannot get their orders to market properly, the trade may never happen. Going beyond just order execution and bracket orders, The duo dive into some of the specific tools which they use on their respective platforms. Steve goes on to talk about his trading style and how it adapts to volatile markets like the one we are currently in. PowerPick: COH

In a surprising move, the Swiss National Bank, said it would peg the Franc to the Euro at a rate of 1.2. What does this mean and how can we trade it? Steve Misic joins the show to share his insights on the issue, as well as how he has personally traded these events in the past. Steve is quick to point out several other interesting points on the Euro which make it a relatively safer trade than the Franc at this moment in time. PowerPick: TEL