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

The King of Candles - Interview with Steve Nison
Over two decades ago, Steve Nison was the man who introduced candlestick charting to the U.S. Now, candlesticks are a standard option of just about all charting packages. In this recent interview conducted by TradingMarkets' David Penn, you'll learn how Steve uses the real power of candlesticks to read the market's momentum, strength of trend, potential for reversal and much more.

Learn How to Apply MACD to Your Trading - Part II
In this article by the creator of MACD, Gerald Appel teaches you a new version of MACD that has produced market timing signals that have been correct 85% of the time.

Should You Trade Mechanically or with Discretion?
Is it possible to trade successfully using a system in which you just follow simple rules? In this article, professional trader and CEO of Market Testing Wizards, Rob Davenport teaches you how to transform your trading through systematic methods.

Trading Without Emotion
If your emotions during the heat of battle cause you to make poor trading decisions, this article will teach you how to toughen up your mind through different mental conditioning strategies.

Enhance Your Covered LEAPS Strategy with Options Delta
Whether you trade options outright or apply more advanced spread strategies, you will have greater mastery when you understand the nuances of delta. In this article from professional options trader Larry Gaines, you will learn what delta is and how to properly apply it, especially as your options position approaches expiration.

Avoiding Errors: The Dumb and Avoidable Mistakes Traders Make
One way to become more consistent and successful in your trading is to avoid errors that can eat away at your trading profits. In this article from futures industry veteran Larry Schneider, you'll learn about some of the common (and easily preventable) mistakes that traders make and how prevent them.

Popular Past Articles

Top 10 Traits of Successful Traders and Investors
Improve your trading by learning what the biggest and most successful traders have in common, from veteran money manager and advisor Gabriel Wisdom.

3 Indicators I Use to Predict Stock Market Bottoms
Which indicators does Tim Ord consider to be his favorites of his past 25 years as a trader? You'll learn about them in this lesson on market timing.

Good luck and successful trading!

Eddie Kwong
Executive Vice President
TradingMarkets