IN THIS ISSUE
George Angell
Try to Make Money Every Day
Lee Gettess' Market Sense
Keeping Trade Records
Options: The Trend is Your Friend
QUICK LINKS 
JOIN OUR LIST
Join Our Mailing List
GEORGE ANGELL
 
One_on_One 
 

One-time West Coast contributing editor of Futures Magazine, George Angell is the author of eight books on the futures and options markets, including Winning in the Futures Markets, which has been translated into Chinese, and is still in print 28 years after its first publication.  He was a Chicago floor trader during the Eighties and credits that experience for the success of West of Wall Street, which he co-wrote with S&P pit trader Barry Haigh during his Chicago years, and Sniper Trading, which tracks the valuable lessons he learned while on the floor.  In recent years, he has turned toward trading small stocks.  'There are enormous sums of money to be made trading undervalued small stocks,' says Angell, whose most recent two books -- Small Stock, Big Profits and The 50 Best Small Stocks for 2007 -- were published in the past year.  A graduate of New YorkUniversity, Angell currently resides in Key West, Florida which he considers the perfect antidote to the stress-filled years of the Chicago pit trader.

OUR AUTHOR TEAM
 
Adam Oliensis 
Andy Chambers
Brian Schad 
Chuck Hughes
Darrell Jobman
Dave Caplan
Don Fishback
Ellie Taft
Gary Wagner
George Angell
George Fontanills
Glenn Neely
Jack Schwager
Jeff Horovitz
Joe Duffy
Jon Najarian
John Weston
Kathy Lien
Ken W. Chow
Larry Connors
Larry Williams
Lawrence McMillan
Lee Gettess
Mark Fisher
Murray Ruggiero
Paul Forchione
Peter McKenna
Ray Frazier
Russell Sands
Scott Krieger
Ted Tesser
Tom DeMark
Tony Catalfamo
Welles Wilder
June 9, 2010     

Inside Trading this week features George Angell who discusses the importance of trying to make a profit every day.

Next, we hear from top-trader Lee Gettess on his market predictions for the coming week.

Andy Chambers provides the following article on the importance of keeping trade records.

Last, Chuck Hughes explains why it is important to follow the trend when trading options.
 
Enjoy!
 
Adrienne LaVigne
TradeWins Publishing

Try to Make Money Every Day
 

By: George Angell

 

The following is an excerpt from George Angell's Profitable Day Trading with Precision 

 

It is true that not every trade will prove a big winner.  In some instances, you will overstay the market; in others, you will exit prematurely.  There is frustration involved.  But my goal is to try to make money every day.  It does not have to be a big score.  If you could clear just $500 a day, you would be earning a six-figure income.  Although I suspect it isn't possible to win everyday, you can tailor your trading around those handful of big days a month and toss in smaller orders for smaller profits, trying to capture the up-and-down movement.

 
Lee Gettess' Market Sense
 
Lee Gettess is a top trader who is excited to bring you his new video newsletter. Each week, Lee will share his predictions on what he anticipates from the bond and S&P markets.
 
Keeping Trade Records
 
By: Andy Chambers 
 
The following is an excerpt from
Andy Chambers' Options Made Easy 
 
Proper record keeping is another one of those basic, fundamental activities that should become second nature to you.  There are three sets of records you should always keep up to date.
  • Individual Trade Tickets
  • Trading Log
  • Open Order Log
 
Options: The Trend is Your Friend
 
By: Chuck Hughes 

The following is an excerpt from Chuck Hughes The Guaranteed Real Income Program 

Trading with the trend is a basic tenet that cannot be overemphasized and is a very critical requirement for successful options trading.  Beginning options traders have a tendency to try to pick market tops and bottoms when initiating a trade.  This type of strategy is sometimes successful with long term stock investing but is very risky with option trading which has a shorter-term focus.  The best time to buy options is when the trend is already established.  Trends have been proven to be more likely to continue in the same direction than to reverse.  Trends also tend to persist much longer than most traders would expect.

 

Using moving averages

Profitable Day Trading With Precision

By George Angell

George Angell's LSS Day-Trading System and Precision Day Trading Methods help you attempt to determine ­ in advance ­ what Profitable Day Trading with Precisiontoday's trading range will be. Then pinpoint the trades with the most profit potential!!

By adding his proven Precision Day Trading Methods to LSS, he has created a set of "super-indicators" unlike anything you've ever seen.

Answers Your #1 Trading Question: Is Now The Time?

Imagine, if you can, how it would change your trading style if you knew ­ with 90% certainty, automatically ­ whether a market would open up, down or sideways.

Now imagine that the entire process of finding out that directional information would take only a few minutes each day.

Learn How to Profit from Day Trading

PLEASE READ.  Past results are not necessarily indicative of future results.  There is a substantial risk of loss trading commodities with or without this or any other advertised product, service or system.  Also hypothetical or simulated performance results have certain inherent limitations.  Unlike an actual performance record, simulated results do not represent actual trading.  Since the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity.  Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight.  No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.