Power Trading Radio

With the market uncertainty and looming fiscal cliff, many traders are looking for any added support for a bullish or bearish move. Diana presents some interesting points which may provide comfort to those seeking for a ray of light! Merlin and Diana talk about several aspects of the housing market including: Commercial and residential properties. Diana also talks about the new format for her online Real Estate class which starts in February 2013.

Having won “Trade of the Week” in Power Trading Nation, Steve Moses joins Merlin to talk about some of the factors that led to the trade, and how it ultimately panned out. The duo takes a look at couple different trading strategies which let you profit in sideways markets, just like Steve did with his Trade of the Week on Priceline. After a few questions about pricing options with Implied Volatility and Historical Volatility, focus turns to the fiscal cliff and the impacts it may have on the market.

Spending most of his day Trading and Mentoring other traders, Brandon Tristan takes some time out of his busy schedule to talk a little about what he is seeing in the markets at this time. Merlin and Brandon take a look at the Euro, Yen, and the Aussie on a variety of time frames. The duo also talks about what to do in preparation for storms or other events which may cause disruption to your trading.

Merlin kicks off the week by looking at many listener questions. From Bearish Engulfing formations to the demise of Intel, Merlin analyzes the charts to see where some of the key levels are and what the trades should be. The euro’s strength, the dollar’s weakness, provides some nice trade set ups in the EURUSD and the EURAUD. Knight Capital Group and Research in Motion also get some attention as Merlin discusses why he purchased these two floundering companies.

Jim Puplava and John O’Donnell trade arguments for either side of the bullish/bearish debate. Both make some very compelling arguments that may help you craft a more precise plan for these volatile and uncertain markets. Jim Puplava, Professional money manager, advocates a much more proactive approach to managing ones assets, and using commodities and options to hedge should the markets turn against them. John and Merlin continue the discussion with a final emphasis on 5 key components that every trader and investor should implement to help secure their financial future.

Live from Disneyland, the Happiest place on earth, Cory Lane joins Power Trading Radio to talk about the use of Options in ones long term investment accounts. This differs from the traditional “Leave it to Beaver” portfolio which goes unmanaged and is based primarily on age. A more proactive approach and market timing techniques can earn investors a better rate of return and help them attain their financial goals. Later, Cory and Merlin take a look at the impacts that the Fiscal Cliff may have on the markets as many will be selling winning trades to capitalize on preferential tax treatment.

Debbie Hague joins Merlin to talk about her “Almost finished” book titled “Trade like a Pirate: 67 Golden Nuggets to simplify your trading”

This book is filled with stories and examples of situations which cause traders to lose money. Merlin and Debbi talk about some of these common pitfalls that almost all traders face, and what can be done to overcome them. Later, the duo take a look at the S&P 500 for a prognosis of the current market and potential trading opportunities.

Merlin takes a look at several currency pairs for trading opportunities and offering some advice for current listener questions. Currencies include EURJPY, GBPUSD, USDJPY. Other topics include BBY (Best Buy), RGR (Ruger), SWHC (Smith & Wesson) and crude oil inventories. Merlin also talks about some of the common mistakes traders make that causes them to wind up as failed traders.

Having struggled for years to find her way as a trader, Joann Farley shares some of the important lessons that have helped her make it as a professional trader. It is this dedication and “Addiction” to helping others that has landed her the instrumental role of helping all the XLT environments work together to help students achieve their financial goals. Joann shares some interesting stories from the XLT room which really go to support the idea that everyone should have a solid trading plan in order to succeed!

After 3 years of steady declines, Jim Cramer recommended to the world to sell two securities which have dropped nearly 80%. This just goes to show everyone that many industry professionals have NO clue what they are doing. Merlin talks about “The Turtles”, a trading group founded on the principle that you can teach anyone to trade effectively if they have and follow fixed rules. With structured rules, like the ones taught at Online Trading Academy, traders can turn their back on the mainstream media and make educated, calculated decisions with their money. More importantly, traders and investors will know exactly what they are invested in and why! Every trader should have a plan that outlines all their rules and strategies to help them replicate success and achieve their dreams!