Power Trading Radio

Professor of Economics at Grove City College, Shawn Ritenour, joins Merlin and John for a look at the truth behind economic data and the current macro market picture. Dr. Ritenour spent time working for the Bureau of Labor Statistics and sheds some light on what is really behind the numbers, and the problem with relying on that data. Later, the trio take a look at the feds current actions as well as the nature of lower prices. Merlin also announces the LAST gold coin winner!

Traders make tons of mistakes throughout their careers! We posted a question to our social media sites asking: What are the 2 most common mistakes investors make”, and we received a lot of great responses. Zenobia, Online Trading Academy’s social media queen, runs through the responses and Merlin rates them, applying many personal experiences before finally revealing the true answer. Have questions? You can always use social media to get in touch with us!

Having recently won the Trader Planet award for best trading book, Debbie joins Merlin to talk about her success as an author. Discussion quickly turns to the current markets and a post on Debbie’s social media site calling for a reversal and a sharp move down in the markets. That was a week ago! Merlin and Debbie also look at what makes women better traders then men and the markets longstanding stereotype that trading is for men only.

DailyFX.com currency strategist, Ilya Spivak joins Merlin for a look at the currency markets and where trading opportunities may be hiding! Ilya talks about basked trading, which allows traders to trade a group of currencies at once to spread risk. Later the duo talk about the potential weaknesses in the Euro, and the possibility of a bullish phase for the US Dollar going forward!

Markets continue the slide from Friday’s session, with special on the NASDAQ! Scott Greer joins Merlin for a look at some of the significant factors moving the markets and where they see trading opportunities going forward. Scott shares with listeners a little from his class he has been teaching this week in Irvine California.

Redmond Weissenberger, Director of Ludwig von Mises Institute of Canada, joins John O’Donnell and Merlin Rothfeld for a look at a wide variety of topics including the Fed, , Socialism, Health care, housing markets, trading partners, and how Austrian Economics impacts markets. Merlin also announces the latest gold coin winner and reminds listeners, that they have until midnight on Friday (21st) to get their forecasts in for the final gold coin giveaway. Enter at http://www.PowerTradingRadio.com

Does the new fed chairman, Janet Yellen, have an impact on the long term portfolio holders? Former CBOT floor trader, Erick Ochotnicki, joins Merlin for a look at how the dreaded “F” word, (Fundamentals!) should play into your decision making as a longer term investor. This ties into those traders calling the tops and setting bias portfolios which stand to lose significant amounts of capital if those tops are not put in yet! Eric shares some of the philosophy of the ProActive Investor course which presently holds a long bias, and is using options to generate higher rates of return.

As Janet Yellen’s comments added a new dose of volatility across all assets Wednesday, focus begins to shift to more macroeconomic issues that may drive markets further. Veteran floor trader at CME, Bill Henner joins Merlin for a look at the impact of a variety of economic reports including Interest rates, GDP, SPI Unemployment and more to get feel as to which are becoming more important with today’s statements.

Fresh off a Forex class in Dubai and regular appearances in the XLT program, Bachir joins Merlin for a look at the currency markets for trading opportunities. They begin by looking at some of the advantages foreign traders have over US traders with regards to margin limits, a double edged sword! Later the duo looks at the Yen, Pound, Euro and much more.

Dr. Woody Johnson, Author of “From Pain To Profit: Secrets of the Peak Performance Trader”, and trader coach joins Merlin to help answer several listener questions regarding trading problems. Issues range from fear and greed, establishment of discipline, mindset for setting stops and much more. The duo talk about Woody’s new Clubhouse sessions and XLT appearances.