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Synopsis

Back in the saddle as the host of PowerTrading Radio, Merlin reflects on some of the more compelling moments from the International Traders Expo in New York. Really focusing on the false perception that traders MUST be right all the time. Merlin walks listeners through a few of his recent trades, and illustrates that not only are we not right all the time, but that it is OK to be wrong as long as the trade is planned out. Tillie Allison joins the program from a class she is teaching in Detroit to share some thought on Pro Active Investing. Tillie shares some thoughts about Market timing and how we might want to allocate our money during these uncertain times. Several callers phone in questions ranging from the current state of Oil, and money management of trades they are currently in. PowerPick: MYL