TradingMarkets Making Great Traders: The Best of This Week’s Trading Lessons
Dear Trader:
TradingMarkets’ mission is “Making Great Traders.” Each week we publish trading strategies and research from many of the best professional traders and educators in the world.
Here are the best of the articles we published this week. We hope you enjoy them and prosper from them!
This Week’s Top Lessons
Big Saturday Interview: Bennett McDowell of Applied Reality
Trading
Bennett McDowell has managed to combine an acute sense of risk management with a
deep understanding of what it takes for traders to be successful. In this Big
Saturday Interview, you’ll find out how he combines trading strategies with
structured rules for money management in order to achieve growth in his trading
account.
10 Attributes of a Great Trader
Professional trader John Netto discusses ten attributes of a successful trader
and describes how using this list as your mission statement can lead to significant
improvements to your trading.
How to Use the Stochastic Oscillator to Trade in Volatile Markets
Stochastics has been around for many years and, in some ways, fallen out favor
because it only works in ranging markets. However, this lesson, you’ll learn a
new way to apply stochastics from John Nyaradi. He’ll teach you how to use it to
trade fast moving, volatile, trading range markets.
How I Use the ARMS Index to Identify Major Tops and Bottoms
The Arms Index is primarily a short-term trading tool, showing whether volume is
flowing into advancing or declining stocks. TradingMarkets contributor Tim Ord
takes a look at the ARMS index and examines how specific readings can provide
reliable indications of a near-term market reversal.
The best stocks to buy are those that are undervalued. And when you combine an
undervalued stock with an undervalued long-term option contract, or LEAP, your
chance of securing a nice profit is much greater. Let Ken Trester show you how
to find these opportunities.
Popular Past Articles
Welles Wilder Jr. On Trading, Technical Analysis and the Challenge of Talent
If there were a Mount Rushmore for technical analysts, then there is a good
chance that the visage of J. Welles Wilder Jr. would be among those carved into
that granite mountainside. In this week’s Big Saturday Interview, you’ll learn
first hand from, Welles Wilder Jr., creator of technical indicators ranging from
Average True Range and Directional Movement to Parabolic Stop and Reverse and,
perhaps his most famous and widely used indicator, the Relative Strength Index.
The Key to Longevity and Consistency in Trading the Markets
What must you do to equip yourself for long-term success as a trader? In this
article, Sam Patterson tells you what has kept him going over his past 20 years as a
day trader.
Good luck and successful trading!
Eddie Kwong
Executive Vice President
TradingMarkets