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

Guest host John O’Donnell and Derek Zelek spoke about his 6 month visit to the country of India to teach investors and traders the Online Trading Academy strategies and techniques. Derek’s direct experience with the culture showed him their bias toward gold and silver verses the counter bias in the USA. John also found out why some of the strategies taught buy OTA work better in India than in USA or Europe. Learn why the Dollar is oversold over-sold verses Euro and why this could be a great trading opportunity. Get well Soon Mike!! See Pro Picks.

John O’Donnell and Merlin Rothfeld tackle a listener question regarding John’s negative viewpoint on the market and the misconception of Doom & Gloom. With the current moves in the market, there is tremendous opportunity to the downside, and all traders should be taking advantage of it. At a minimum, listeners should be rebalancing their portfolio’s co protect against large market drawdown’s if they are “Buy and Hold” Investors. John dives in to silver and what are some of the issues he sees with silver, and why he thinks we will see a small bounce before selling off to new lows. Lastly, the duo look at the Euro and its growing troubles with Greece. PowerPick: COP

Silver plunges again as margin requirements are raised, and the dollar has an explosive rally. For many, this presents an attractive point to add to buy into, for others its high risk. Bob Heitner joins the show to explain the risks involved with trading volatile securities in your long term accounts. Bob addresses 3 major components to Investing that many have a hard time following: Asset Allocation, Market Timing, Discipline. He shares his insights on investing with Merlin, while focusing on these 3 key components. PowerPick:SLV

Silver gets crushed again as margin rules hit the street. Will the sell off continue? If so, when is the time to get back in? Merlin tackles this question to start off the show, as well as a couple other listener questions. Steve Misic joins the program to share his thoughts on parabolic moves such as the one Silver has enjoyed, as well as helping traders understand the difference between the Spot Forex and Forex Futures. Later in the program, the duo look at the EURUSD, and the Dollar Index. PowerPick: CNQ

Merlin starts the show off by going over some listener questions regrading the recent PowerPicks, and the logic behind them. With a thorough understanding of the strategy implemented as well as the rules that MUST be followed, listeners gain a clearer picture of proper trading. Sam Seiden, joins the show to share his thoughts on those issues as well as talk about some of the ground-breaking tools he and his team have created to help traders achieve their financial goals. Merlin and Sam look at the current EURUSD chart as well as EURGBP. PowerPick: USDJPY

As the world celebrates the Death of Bin Laden, the equity markets actually sold off instead of rallying as expected. Silver also took a big hit, down nearly 10% on the day. Is this the end of Silvers run? John Barrett joins the show to talk about how he trades parabolic moves, like silver, and what he has learned over the years about how others trade them. John also discusses how he uses supply and demand levels to spot  turning points and origins of big sell-offs. PowerPick: FST

John O’Donnell returns to Power Trading Radio after nearly 3 weeks traveling around Israel. John shares his thoughts on his travels and how current events are shaping the markets. A lot of attention is put on the erosion of the US dollar and its global purchasing power. Merlin & John talk about their upcoming speaking schedule for the Dallas Traders Expo in June. PowerPick:DD

Merlin starts off Thursday’s show by diving into the mail bag to tackle a few listeners questions regarding WTW & AMZN. Paul Orme joins the program from Philadelphia, where he is teaching a ProActive Investor class. Paul walks us through some of the things he is attempting to accomplish with his students, as well as some of the key concepts that have been the biggest surprise for them. Later, Merlin and Paul discuss some of the most problematic areas in long term investing and the power of compounding interest. PowerPick: GPS

Again today Gold and Silver shot up to record highs drawing in many traders. What were the factors for the move, and is now the time to buy? Dow Dawson, 23+ year commodities trader, joins the show to share his thoughts on how the fundamental news today impacted these assets as well as other commodities. Don talks about one of his favorite commodities and how he feels it is a good indicator of where the markets will be headed in the next few months! PowerPicks: RIG & WYN

Merlin starts off with an overview of why SLV was chosen as a PowerPick of the Day! on Monday. After some clarity on why the entry was selected, and how users may tweak their numbers, Justin Krebs joins the show to talk about the currency markets. Justin has a straight forward approach to trading currencies that discounts a majority of the news that is presented to us each day. “People Lie, Charts don’t” says Justin as he shares his views on the markets and shares some trades he is currently in. PowerPick: None

Kyle Hibbard joins Merlin to look at many of the macro factors impacting our financial markets. With commodity prices skyrocketing, global inflation, and the end of QE2, what’s next for our markets? Are earnings enough to propel us higher, or have we topped out? From Technical’s to fundamentals, Kyle and Merlin  tackle these topics and listener questions regarding ETF’s and specific stocks. PowerPick: SLV

Over the past couple weeks, we have received many messages from listeners who are frustrated with their financial advisors, and are curious what it takes to manage their own long term investments. Russ Allen pointed out on Thursday’s show that with just 1 hour a week, we can do a better job than a financial advisor!  Merlin is joined by Tillie Allison for a look at what steps need to be taken by individuals looking to Proactively Manage their money. The two point out that with structure and the right education, anyone can manage their finances.

As more companies pour in great earnings numbers, the looming question is: Will it last? Russ Allen joins the program to offer his insights from a longer term perspective. Russ believes that we will continue to see these good numbers for a while, and that we need to rebalance our portfolios to reflect it. But with prices at lofty levels, do we buy now? Or wait for a Retracement? Tune in to get the answers! PowerPick: DD

After a big gap up on Intel earnings and positive vibe, the markets traded sideways. Will we see more upside movement as more bellwethers come out with earnings tomorrow? Merlin takes a look at the VIX index and the various ETF/ETN’s which allow you to trade market volatility. With many options to choose from, traders need to analyze the various options from a risk/reward perspective to find out if it is worth trading them! Merlin walks you through them all from a risk/reward perspective, shedding some light on this relatively new trading vehicle

Merlin runs through some of the headlines facing the trading day, and mulls the importance of them. After all, it is the news and media hype which steers many investors. Rick Wright joins the show to share his thoughts, as well as how he tunes out the media and focuses on what is important: Price! Later the two look at the USD, EUR, JPY and try to make some sense of the past moves and where things may be headed in the meantime! PowerPick: USDJPY

Standard & Poor’s cast a dark cloud over the markets today by lowering its long-term outlook for the federal government's fiscal health from "stable" to "negative." What impacts will this have going forward on our markets? What could this mean for the dollar? Bruce Milbury joins us to talk about what he is seeing in the markets, and how he uses specific trading tools to trade. Bruce goes over “Freewheelin” and how Silver still may have a lot more room to run. PowerPick: STI

Tillie Allison joins the program live from Detroit, where she is teaching the ProTrader Stock course. Tillie shares her thoughts on the debate about Market Timing, and its validity as an effective tool for evaluating markets. Merlin brings up a listener question on Automated Trading systems and if they work. Merlin and Tillie tackle that question and several others in this weekend edition of Power Trading Radio! PowerPick: SID

Merlin is joined by 50+ year market Veteran Leslie N. Masonson. Les talks about his new book “Buy – Don’t Hold”, which lays out a clear cut system for long term capital preservation and growth using a variety of Exchange Traded Funds. Over the last 50 years, he has developed a unique system which incorporates a lot of market timing principals. These principals will keep investors on the correct financial path! Merlin looks at the Relative Strength concept and applies it to current market conditions. PowerPick: DNR

Merlin is Joined by the V.P. of Education at Online Trading Academy, Sam Seiden, for an in-depth look at what it takes to be a good trader. Sam walks us through his progression as a trader from a floor based Market Maker on the Chicago Mercantile Exchange, to a successful screen based trader. In his dedication to the art of trading, Sam has created physical class content, as well as online Mentoring rooms to help traders achieve their financial goals as soon as possible! Finally Sam presents the newest offering from Online Trading Academy, OTA ProPicks. These daily market calls are designed to help facilitate learning as well as give students a FULL thought out trading plan for each trade. PowerPick: VSEA

Merlin starts off the program with an interesting look at the Chernobyl nuclear disaster and the eerie similarities which it shares with the current events unfolding in Japan. As with Chernobyl, the Japanese government has not exactly been forthcoming with the truth. Like in trading, we must look to the past to gain a better understanding of the future. Justin Krebs joins the program to share his thoughts on how to treat trading as a business, shattering the belief that trading is simple. The pair then turn their attention to currency pairs, including: EURUSD. AUDUSD, USDCAD. PowerPicks: LRY, PCAR