Trading School Podcast

It happens to many new (and seasoned) traders. You convince yourself that you need to participate in a particular trade only to find it doesn’t work. [https://itunes.apple.com/us/podcast/trading-school-podcast/id1294130435?mt=2] You start adding indicators and making it more complicated. You throw money at it, but still, it’s just not working. Some instruments just aren’t great to trade and sometimes you need to find a trade that better resonates with your approach to the markets. [https://www.youtube.com/channel/UCa5hPmX8-q03fxDYLi9XM7w] [https://www.youtube.com/channel/UCa5hPmX8-q03fxDYLi9XM7w] [https://www.youtube.com/channel/UCa5hPmX8-q03fxDYLi9XM7w]Today, I had a chance to speak with Pablo Lucena who is an experienced trader but has found some serious traction with my Apex Program. We cover a lot of information, but here are some of my favorite topics: * Building tools for the trade * How to trade stock options * Relative Value Trading Strategy * The most important information for managing options positions - Scalping Gamma * Changing your approach to trading 1:00   Serious, Active, Trading 3:30   The Rubber Band Example 5:00   The "ah ha" moment 5:55   “Nothing would work” - Trading NQ futures 7:00   An approach to writing code 8:25   The elimination of emotion, A systematic confirmation tool 10:00 A community feel [https://www.facebook.com/ActiveDayTrader/] 11:45  A message to retail traders 12:55  Don't Freak out, Build a better position 14:00  How to trade the Yield Curve 14:30  “Stops are detrimental for the type of trading that will make me successful” 16:00  The Fed, Rates and trading Bond Futures 18:20  Sometimes it’s safer to go further in 19:20Power through education [http://www.activedaytrader.com/blog/] 21:30  Learn how to trade; Don’t hope for the best 24:30  How to build a portfolio bias 28:00  Build on a solid foundation 30:00  Fed Dominator - Historical Data 32:00  The Most Rewarding Part of Trading 33:15  Better returns in 24 days than all of 2017 34:00  ADT: You'll never look at trading the same again 35:20  It's okay to get rid of negative energy 37:20Be happy when a trade goes against you [https://itunes.apple.com/us/podcast/trading-school-podcast/id1294130435?mt=2] 40:00  What a butterfly can tell you 44:35  Customize a trade, use identify your strengths 47:00  Trade your personality 48:20  The Market will sniff out a weak hand; believe in your trade 50:30  Scalping Gamma: Options 101 52:00  Position Management and the power of options: A Game Changer 56:00  Keep it simple! Books Mentioned In this Episode: Options As a Strategic Investment - Lawrence G. McMillan [https://www.google.com/search?q=options+as+a+strategic+investment&source=lnms&tbm=bks&sa=X&ved=0ahUKEwj1wPHQjpnZAhUC7mMKHUugCZcQ_AUICygC&biw=2069&bih=1093] See acast.com/privacy [https://acast.com/privacy] for privacy and opt-out information.

Investing, trading and planning for your future can seem overwhelming and complicated, but it doesn’t have to be. If you have the right plan [https://itunes.apple.com/us/podcast/trading-school-podcast/id1294130435?mt=2] in place and the right people to help you see it through, it’ll be a breeze! People around me are continually surprised that as a professional trader, I have a financial advisor to help ensure that my long-term goals are attainable. I think it’s important I differentiate between trading and my investment goals. Today, I sat down with Ross Meitin, my Financial Advisor and we cover topics like: - Stock Broker, Money Manager and Financial Advisor - What’s the Difference? - Who can benefit from Financial Planning - How to earn an Extra $500,000 before Retirement [https://itunes.apple.com/us/podcast/trading-school-podcast/id1294130435?mt=2] - The importance of Removing Emotions and Sticking to a Plan - The difference between Investing and At-Risk Capital 0:55 At Risk Capital and Investing 1:25 Money Manager? Stock Broker? Financial Advisor? 2:55 Your plan needs to be Specific and Tailored 4:25Why I started Active Day Trader [https://itunes.apple.com/us/podcast/trading-school-podcast/id1294130435?mt=2] 5:35 Trading and Long-Term Investing are Different 7:10 Separate yourself from your Emotions 9:15 Who can benefit from working with a Financial Manager? 10:15 You Can't Borrow for Retirement 11:00 How to Retire with $1 Million Dollars 12:20 The key to Financial Security 15:00 The Biggest Mistakes 17:15 A behavior management coach [http://rossmeitin.com/] 18:00 20 Year Returns: How to make 2% LESS than the market 19:40 You aren’t trading; HAVE A PLAN 21:45 Don't suffer when you lose 23:00 Investing. It's a special skill set 24:30 The importance of Vegetables? 26:00 The easiest way to make $500,000 28:10 Market Buzz and Crystal Balls with a Financial Manager 29:05 Double Dividend Yield 30:00 Is Crypto on the radar? Contact Info for Ross Meitin: ross.meitin@lfg.com [ross.meitin@lfg.com] Phone - 773.867.3620 See acast.com/privacy [https://acast.com/privacy] for privacy and opt-out information.

For years, trading has been dominated by institutions. They have capital, floor traders and access to information [https://itunes.apple.com/us/podcast/trading-school-podcast/id1294130435?mt=2] that the average retail investor just can’t reach; or can’t afford. Today, the tables are turning. The retail trader can actually gain an edge. For instance, a retail trader isn’t required to trade each day, they don’t have to close positions with market each evening and now, they have access to amazing news resources, indicators, studies, scans and back-testing engines using various tools on platforms like MetaStock. Today, I get to chat with Jeff Gibby, the business development manager at Metastock about the core products they offer. Jeff helps me answer questions like: > What does MetaStock Offer? > How can I get a statistical forecast of what “might happen?” [https://itunes.apple.com/us/podcast/trading-school-podcast/id1294130435?mt=2] >Buying and selling stock options and equities; what indicators work? >How can I build a custom indicator without knowing a single line of code? >What can I do to protect myself from making big mistakes while learning to trade? 01:35150 Years and counting 02:30What is Meta Stock? 03:40The Origins of an award winning service 04:05A Billion Dollar News Machine for Retail Traders 06:35#1 in Stock and Commodities Magazine for 25 years running 07:15How can you benefit from Statistical Projections and Forecasting 07:30Okay, MetaStock does a lot, but WHO is it for? [https://itunes.apple.com/us/podcast/trading-school-podcast/id1294130435?mt=2] 08:30 Do you backtest your approach, studies and strategy on each ticker? 09:45A giant tool box; what’s the best indicator? 11:50Write YOUR OWN indicator, scan, or study (even if you don’t write code) 15:25A FREE 30 Day Trial! 17:00Live support; an entire team at your disposal 800-882-3040 18:31MetaStock D/C Service - Daily Charts $59 19:05MetaStock R/T Service - Real Time $99 20:50Everything you’ve ever needed to know about Exchange Fees (Real-time) 22:15The (Secret) Future of Charting 24:00The Patent Pending, Event Driven Forecasting Tool 26:15A confirmation tool: the statistical likelihood of an outcome 28:15Trading DOW Options? You need a green light. 31:30Stories, Trends and Trading - We talk about the best approach for you 33:15Event-based trading, volatility and Out-of-the-Money Options 34:30Should you be an option buyer? Or an option Seller? 35:10How to protect yourself from blowing out your trading account [https://itunes.apple.com/us/podcast/trading-school-podcast/id1294130435?mt=2] 37:30Discipline: “You don’t have to trade.” 38:10Make Trading Insignificant? 39:00Don’t Lose Money! Be sure to head on over to Active Day Trader Website [https://activedaytrader.com/tradingschool/] and claim your freebie! See acast.com/privacy [https://acast.com/privacy] for privacy and opt-out information.

Trading stocks, futures and options in 2017 is much different than it was 20 years ago. With technology and lightning-fast access to brokers, almost anyone can trade from the comfort of their own home. This only leaves one problem: You’re among a sea of traders, but you’re still all alone. Today, I speak with Warren Lorenz of TechMeetsTrader [https://www.techmeetstrader.com/], who has created a social network for self-directed investors. We cover some interesting topics including: > Where to find great option trading strategies > How experienced traders look for trade entries; without indicators > How to identify the best stock options (the ones that give us our edge) > The benefits of a positive learning environment > Why, sometimes, even the best option trades lose and why that’s OKAY 1:35   Meet Warren Lorenz of TechMeetsTrader 8:20   The process of getting raising fund for a unique social network 11:00 Tech Meets Trader - The Mission 13:30 A positive learning environment - controlling the community 15:00 What is the most important thing we can learn from losing trades? 17:30 Can you fish? How to trade for a lifetime 19:30 The Casino mindset; Tilt the odds in your favor 20:30 Money management secrets of the Professionals 21:30 $XRF - The anatomy of a IPO Lock Up 24:40 “It makes sense… and that’s giving us an edge.” 25:30 BOOM! The Edge Pays Off.. 26:15 $AKS, $X Sometimes trades don’t work. Why did you enter? 28:48 Trade with conviction, learn from your mistakes 29:50 Protect yourself; limit your losses and manage your position 31:35 Where the founder of TechMeetsTrader turns for tips of the trade 36:10 He who trades the least and the silliness of F.O.M.O 38:00 Trading vs. Investing. What’s your plan? 39:40 Blockchain Technology meets the trading community? 42:15 A trader’s value in a social network community 44:10 Building credibility 45:45 Taking chances again, and again, and again... Links Mentioned: TechMeetsTrader [https://www.techmeetstrader.com/] TechMeetsTrader’s Pitch [https://youtu.be/7wxWrk25wEQ] What TechMeetsTrader is all about [https://www.youtube.com/watch?v=X3GAYczlO90&feature=youtu.be] FREE STUFF?!?! Be sure to head to https://activedaytrader.com/tradingschool/ and grab this week's freebie! See acast.com/privacy [https://acast.com/privacy] for privacy and opt-out information.

At Active Day Trader we don’t see how anything is “cheap” or “expensive” on it’s own. A core part of our strategy is identifying relationships and correlations [https://itunes.apple.com/us/podcast/trading-school-podcast/id1294130435?mt=2], then finding the best way to express our opinion through hedged positions in the form of pairs or spreads. We recognize the reluctance that many face when learning to trade futures; the margin requirements can be substantial, so we want to let you in on a secret! [https://itunes.apple.com/us/podcast/trading-school-podcast/id1294130435?mt=2] If you aren’t executing these simple strategies with the correct broker, you may be lead to believe there is a reason to pay for extinct indicators to experiment with “directional bias” or just give-in overpriced margin holds [https://itunes.apple.com/us/podcast/trading-school-podcast/id1294130435?mt=2] that tie up your precious trading capital. Today, I spoke with Patrick from Infinity Futures [https://itunes.apple.com/us/podcast/trading-school-podcast/id1294130435?mt=2], a Chicago-based boutique brokerage firm that truly supports clients around the globe. Patrick helps me get a better understanding on topics like: >> Margin requirements and Exchange Recognized Spreads >> Why your 1:1 pair shouldn’t tie up $10K [https://itunes.apple.com/us/podcast/trading-school-podcast/id1294130435?mt=2] >> Risk, obligations and the intelligent way to trade futures >> The seemingly endless cycle [https://itunes.apple.com/us/podcast/trading-school-podcast/id1294130435?mt=2] of retail education >> Why support is so important 00:30 Risk, leverage and mathematics 03:00 Guaranteed Margin 03:40 Infinity Futures [http://www.infinityfutures.com/]; A quick history 04:45 End-of-day margin hunting: Exchange Recognized Spreads 05:15 Bond:Ultra Bond - $10,000 or $1500? 07:30 SPAN, SCM and the lowest margin requirement 09:18 You don’t have to speculate on direction 11:20 “An underused strategy” 13:25 SPAN Calculators - An intelligent freebie 15:30 Risk, obligations and respect 18:15 A sucker’s play: Is your capital tied up? 21:00 Is the new iPhone expensive? 23:00 The importance of retail education, Jim Cramer and BIG changes 27:00 Don’t fall into the cycle, keep it simple 30:30 The market will change. Does your indicator? 31:40 A ratio set indicator - the longest correlated relationship? 33:00 Everyone needs support 36:00 The UK, Australia and Singapore 38:00 Liquidity and orderbook issues 40:30 Bonds: You MUST know the yield curve 42:20 Free Stuff! 42:50 Vetting Process and parallel beliefs 45:45 Ask us your questions! Links Mentioned in today’s Podcast: Head on over to our page! [https://activedaytrader.com/tradingschool/] See acast.com/privacy [https://acast.com/privacy] for privacy and opt-out information.