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

Last week it was euphoria, this week its fear of collapse… and the saga continues! With more and more fundamental data pointing to global contraction, and Euro instability, it’s a fantastic time to be trading currencies! Rick Wright joins Power Trading Radio to give us his thoughts on the markets and where he feels things may be headed. Rick also shares a little bit about the decision support tools he uses to help increase his odds on each trade me makes. This system of odds enhancers also brushes on Multiple Time Frame Analysis, a listener favorite!

Merlin The globetrotting samurai does PowerTrading Radio from the Great Wall of China, putting a particular emphasis on the international events and how they might impact the markets. Later, Tillie Allison joins the show to talk about some of the little details in her trading style as well as her “end-of Month” strategy. The conversation stretches to Multiple Time Frame Analysis, and Sector Rotation as important components that must be factored in to the current market dynamic. PowerPick: LVS

With so much big ticket news hitting the markets this week, one has to ask: “Is it different this time?” Hosts, Merlin Rothfeld and John O’Donnell weigh on their thoughts about the news and what its impact is going to have on the overall markets, as well as what sectors they expect to be the movers going forward. Both John and Merlin talk about their upcoming events in Irvine CA and Baltimore MD.

Dr Woody Johnson, Author of From “Pain to Profit, Secrets of the Peak Performance Trader”, joins the show to help listeners with their trading problems. Most traders agree that trading is 75% psychological, yet most don’t feel that they have anything wrong with them. Think again! Every trader needs a coach to help them with their problems, and Woody is just the man! PowerPicks: NE, TWM

Guest host John O'Donnell entertains a live studio audience with Gabe Velazquez as his special guest.  They take questions for the audience and discuss our current financial situation.

VP of Education at Online Trading Academy, Sam Seiden, joins us to talk about the mechanics of supply and demand. This is a far cry different from conventional “Support and Resistance” that so many traders use. And it is those subtle differences that allows Sam to consistently beat the markets. Merlin and Sam share thoughts on ways that traders can break the chains of mediocrity and achieve consistent success in the markets. PowerPick: EURUSD

Trading veteran, Debbie Hauge shares some of her trading experiences that helped her become a successful Futures and Equities trader. Merlin and Debbie share examples of trading routines and trading plans that will help individual investors gain a sense of structure and discipline in their trading. PowerPick: HCP

Guest host John O'Donnell talks with special guest Garrett Jones.  Garrett Jones is a money manager and one of only ten people to be accepted into Merrill Lynch's prestigious JET Program in 1970.

Mike Mc Mahon had Gabe Velazquez as an in studio guest.  Gabe took the audience into a realistic look at the short to intermediate term.  Mike and Gabe both agreed that the market was posing a little bullish and particularly if the Euro land would get off stage. 

In contrast to the last two guests on Power Trading Radio, our guest today starts almost every trade off as a day trade and builds as things go in his favor. Bob Dunn classifies himself as a “base hitter” who plans out every trade, and when possible, turns those trades into doubles, triples and hopefully home runs! This is done through strict discipline and money management. Bob shares bits of his trading style as well as his view & tactics for trading Gaps. PowerPick: SHLD

Reversing Monday’s selloff, the markets showed great strength, closing near the highs of the day, and right near the overhead supply level we have been talking about on the S&P 500. Steve Misic joins the show from Tampa Florida, where he is teaching a Pro Trader Stock class at Online Trading Academy. Steve and Merlin talk about how they look at stocks coming out with earnings announcements, and what others should watch out for. Later, Steve talks about the levels on the Dollar Index and their impact on currencies as well as equity markets.

Scott McCormick, CMT and former broker, addresses a couple of listener questions which revolve around a very common mistake: Traders not knowing their style. Whether you are a day trader, momentum, swing or even a position trader, you must know which style fits your temperament best. Just because someone trades one way, does not mean that you will be successful trading that way. Merlin and Scott look at a variety of factors which can help listeners start down the path of defining their trading style. Later on in the show, they look at multiple time frame analysis and how it impacts your trading style. PowerPick: EQT

After a quick recap of recent market movements, the “Ambassador of Opportunity”, John O’Donnell sites a very interesting report about the current recession and gives us several ways to play the current market. This involves a bit of market timing, and asset allocation which John feels is essential to making money in these markets. Merlin talks about www.projectvets.com and their mission to teach disabled vets how to trade and secure their financial future, as well as their raffle for a 1965 Shelby Cobra! PowerPick: XLE

Paul Orme discusses a recent NY Times article about how Morningstar ratings often get people into the wrong investments. Paul reinforces this with examples of how most financial advisors are causing their clients to sell low, and buy high, the exact opposite of what they should be doing! Why is that?! Because they need to make money! Merlin and Paul discuss alternatives to this devious methodology, offering listeners a solution of Proactive management of their own money. Paul shares a little about the rebalancing and option strategies used in the ProActive Investor class he helped create for Online Trading Academy. PowerPick: DTV

Shamus O’Connor joins Power Trading Radio to talk about how he sees the current markets and share his experiences with listeners. Shamus was self taught and reflects on a couple of the situations that he could have avoided if he simply had someone there to explain things better. He also discusses his use of options as a wealth income machine as well as a hedge for his long term account.

Online Mentoring superstar Sam Evans joins Power Trading Radio to talk about his meteoric rise in popularity in the trading community. Just a few years back, Sam was attending hotel seminars looking for a solution which would enable him to get involved in the financial community. 7 years ago, he found the answer! That discovery transformed his life and gave him the guidance to succeed in his own trading as well as present him with the opportunity to help others achieve theirs. Later in the show, Sam talks about his trading style, how he uses the news, and what he sees on the Horizon for the Euro. PowerPick: EURUSD

As the market rallies even harder, Merlin looks at several factors that may cause the markets to top out and drop from current levels. Several International factors are behind this recent move, but a lack of volume has to have traders questioning the lack of conviction. Several listeners get their questions answered on air on topics ranging from Financial stocks to market correlation. One theme persists with listeners today, to many people taking to much risk! Merlin breaks down what they can do to help minimize risk and maximize rewards. PowerPick: SPY (again!)

Today Merlin Rothfeld and Tillie Allison discussed how premarket news and economic indicators help active day traders improve the probabilities of success. Tillie and Merlin bring up listener questions regarding the Nasdaq 100 ETF and the Nasdaq futures as a way to get glimpse of what the market is truly doing. Merlin calls out a listener as the First ever  PTR “Sheep of the Week”, for making some very obvious novice mistakes on his trade, while offering solid solutions for not making those mistakes in the future by using some of the core strategies of Online Trading Academy. Tillie bring up some correlation between bonds and stocks in current market conditions as well as some insight into Fibonacci. PowerPick: BBY

Tillie Allison and Merlin Rothfeld kick things off with a rundown of the markets ballistic behavior starting on Tuesday morning. Is this surge of momentum going to continue? Diana Hill joins the show to talk about some of the recent housing numbers and how the average person can learn to represent themselves as well as find amazing deals around the country. Diana also points out some new trends in the housing market, which may pose some very strong opportunities for traders and investors alike! PowerPick: SPY

The month of September ends on a sour note as markets sold off to end the quarter. For almost two months, we have been stuck in this large trading range and from the looks of it, it will not change anytime soon. Traders are adapting their trading styles to accommodate shorter term price fluctuations, and Merlin talks about some of the tools to do this. Although the consolidation continues, Merlin looks at some of the factors that have him looking for a bearish break of this consolidation. Much of this focuses on weakening fundamentals, and deteriorating global relations as factors for things dropping further. PowerPick: MOS