Power Trading Radio

After a quick look at the perpetually rallying market, Merlin and special guest Craig Weil talk about timing the markets and the perils of being to early to a trade. Craig talks about some of the conditions he is looking for that would add a higher probability that the market may sell off, if not, it appears the upside is the trend for the foreseeable future. Craig also talks about how he is “House Cleaning” his trading options by removing some securities from his watchlist.

Over the last couple weeks, may traders have sent in questions regarding automated trading and algorithms. Merlin turns to long time trading friend Trey Lazzara, President of TradeProFutures.com, to shed some light on what the current market for these products looks like. The duo discuss turnkey programs which can be bought and operated at the traders discretion, algo accounts which are simply funded and traded by the program, or services which allow you to follow other traders recommendations. Each has its own set of risks and rewards, but offers traders many choices to help automate their trading.

Called “one of the smartest guys you never heard of on anything financial” by Herb Greenberg of CNBC, Peter is the president of Financial Insyghts, a consulting firm that advises institutional investors, corporations and public policymakers on issues affecting the financial services industry and how social mood affects decision making and the markets. 

David A. Stockman appears on Power Trading Radio with John O'Donnell to discuss his latest book which is #8 on the New York Times best sellers list The Corruption of Capitalism in America. David and John go into great detail about the current monetary policy and how the current political figures seem to have their backs against a wall. David was elected as a Michigan congressman in 1976 and joined the Reagan White House in 1981. Serving as budget director, he was one of the key architects of the Reagan Revolution. He joined Salomon Brothers in 1985 and later became one of the early partners of the Blackstone Group. During nearly two decades at Blackstone and at a firm he founded, Stockman was a private equity investor. Stockman attended Michigan State University and Harvard Divinity School and went to Washington as a congressional aide in 1970.

Guest host Mike McMahon talked about the need for financial education and the Silly patter on tv. Special Guest Brandon Tristan spoke of the need for trade review for both students and experienced traders by a coach. Mike showed some long term charts that hinted at the long awaited correction.

Merlin answers listeners questions pertaining to how one should get involved in the financial markets. Special guest Todd McClean joins the show to talk about how he helps traders find their way to profitability in the markets by building custom tailored educational solutions. These solutions are centered on risk management and Online Trading Academy’s Patent pending Supply and Demand methodology. Merlin also takes a look at a few charts sent in by listeners.

Fresh back from a Market Timing course in Saudi Arabia, Sam Seiden joins Merlin to take a look at the establishment of high probability market turning points. Sam references his days on the floor of the Chicago Mercantile Exchange as his guideline for identifying order flow in the market that others do not see. Later, the duo look at a Supply & Demand Matrix, available to participants in the Mastermind Community. This took is extremely helpful at helping new traders and veterans verify their levels, clearly mapping out the roadmap for all trading styles! Sam and Merlin also talk about some of the cultural differences around the world, and the universality of trading regardless of religion, ethnicity, or social class.

Trader Scott Greer joins Merlin to discuss a variety of trading products including Currencies, futures and equities. Scott talks about some of his personal preferences and learning lessons which have helped him find consistency in the markets. Scott will be hosting an event Tuesday April 30th to talk about his trials and tribulations as a new trader, and what others can expect in their journey. The duo look at the Japanese yen, S&P 500 futures and other instruments.

With his feet firmly planted in the US, British currency expert Sam Evans joins Merlin to talk about a discussion started several weeks back regarding trading of cross pairs. Sam points out the tremendous trading opportunity that some crosses provide, but cautions traders that some pairs are far too volatile and illiquid. Traders must learn how to filter out these rouge pairs and find the high probability trading opportunities. Sam and Merlin also take a look at the Euro and the CADJPY for trading opportunities.