It happens to many new (and seasoned) traders. You convince yourself that you need to participate in a particular trade only to find it doesn’t work. You start adding indicators and making it more complicated. You throw money at it, but still, it’s just not working.

Some instruments just aren’t great to trade and sometimes you need to find a trade that better resonates with your approach to the markets.

Today, I had a chance to speak with Pablo Lucena who is an experienced trader but has found some serious traction with my Apex Program. We cover a lot of information, but here are some of my favorite topics:

• Building tools for the trade
• How to trade stock options
• Relative Value Trading Strategy
• The most important information for managing options positions - Scalping Gamma
• Changing your approach to trading

1:00   Serious, Active, Trading

3:30   The Rubber Band Example

5:00   The "ah ha" moment

5:55   “Nothing would work” - Trading NQ futures

7:00   An approach to writing code

8:25   The elimination of emotion, A systematic confirmation tool

10:00  A community feel

11:45  A message to retail traders

12:55  Don't Freak out, Build a better position

14:00  How to trade the Yield Curve

14:30  “Stops are detrimental for the type of trading that will make me successful”

16:00  The Fed, Rates and trading Bond Futures

18:20  Sometimes it’s safer to go further in

19:20  Power through education

21:30  Learn how to trade; Don’t hope for the best

24:30  How to build a portfolio bias

28:00  Build on a solid foundation

30:00  Fed Dominator - Historical Data

32:00  The Most Rewarding Part of Trading

33:15  Better returns in 24 days than all of 2017

34:00  ADT: You'll never look at trading the same again

35:20  It's okay to get rid of negative energy

37:20  Be happy when a trade goes against you

40:00  What a butterfly can tell you

44:35  Customize a trade, use identify your strengths

47:00  Trade your personality

48:20  The Market will sniff out a weak hand; believe in your trade

50:30  Scalping Gamma: Options 101

52:00  Position Management and the power of options: A Game Changer

56:00  Keep it simple!

Books Mentioned In this Episode:

Options As a Strategic Investment - Lawrence G. McMillan

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Investing, trading and planning for your future can seem overwhelming and complicated, but it doesn’t have to be. If you have the right plan in place and the right people to help you see it through, it’ll be a breeze!

People around me are continually surprised that as a professional trader, I have a financial advisor to help ensure that my long-term goals are attainable. I think it’s important I differentiate between trading and my investment goals.

Today, I sat down with Ross Meitin, my Financial Advisor and we cover topics like:

- Stock Broker, Money Manager and Financial Advisor - What’s the Difference?

- Who can benefit from Financial Planning

- How to earn an Extra $500,000 before Retirement

- The importance of Removing Emotions and Sticking to a Plan

- The difference between Investing and At-Risk Capital

0:55 At Risk Capital and Investing

1:25 Money Manager? Stock Broker? Financial Advisor?

2:55 Your plan needs to be Specific and Tailored

4:25 Why I started Active Day Trader

5:35 Trading and Long-Term Investing are Different

7:10 Separate yourself from your Emotions

9:15 Who can benefit from working with a Financial Manager?

10:15 You Can't Borrow for Retirement

11:00 How to Retire with $1 Million Dollars

12:20 The key to Financial Security

15:00 The Biggest Mistakes

17:15 A behavior management coach

18:00 20 Year Returns: How to make 2% LESS than the market

19:40 You aren’t trading; HAVE A PLAN

21:45 Don't suffer when you lose

23:00 Investing. It's a special skill set

24:30 The importance of Vegetables?

26:00 The easiest way to make $500,000

28:10 Market Buzz and Crystal Balls with a Financial Manager

29:05 Double Dividend Yield

30:00 Is Crypto on the radar?

Contact Info for Ross Meitin:

ross.meitin@lfg.com

Phone - 773.867.3620

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For years, trading has been dominated by institutions. They have capital, floor traders and access to information that the average retail investor just can’t reach; or can’t afford.

Today, the tables are turning. The retail trader can actually gain an edge. For instance, a retail trader isn’t required to trade each day, they don’t have to close positions with market each evening and now, they have access to amazing news resources, indicators, studies, scans and back-testing engines using various tools on platforms like MetaStock.

Today, I get to chat with Jeff Gibby, the business development manager at Metastock about the core products they offer.

Jeff helps me answer questions like:

> What does MetaStock Offer?

> How can I get a statistical forecast of what “might happen?”

>Buying and selling stock options and equities; what indicators work?

>How can I build a custom indicator without knowing a single line of code?

>What can I do to protect myself from making big mistakes while learning to trade?

01:35150 Years and counting

02:30What is Meta Stock?

03:40The Origins of an award winning service

04:05A Billion Dollar News Machine for Retail Traders

06:35#1 in Stock and Commodities Magazine for 25 years running

07:15How can you benefit from Statistical Projections and Forecasting

07:30Okay, MetaStock does a lot, but WHO is it for?

08:30 Do you backtest your approach, studies and strategy on each ticker?

09:45A giant tool box; what’s the best indicator?

11:50Write YOUR OWN indicator, scan, or study (even if you don’t write code)

15:25A FREE 30 Day Trial!

17:00Live support; an entire team at your disposal 800-882-3040

18:31MetaStock D/C Service - Daily Charts $59

19:05MetaStock R/T Service - Real Time $99

20:50Everything you’ve ever needed to know about Exchange Fees (Real-time)

22:15The (Secret) Future of Charting

24:00The Patent Pending, Event Driven Forecasting Tool

26:15A confirmation tool: the statistical likelihood of an outcome

28:15Trading DOW Options? You need a green light.

31:30Stories, Trends and Trading - We talk about the best approach for you

33:15Event-based trading, volatility and Out-of-the-Money Options

34:30Should you be an option buyer? Or an option Seller?

35:10How to protect yourself from blowing out your trading account

37:30Discipline: “You don’t have to trade.”

38:10Make Trading Insignificant?

39:00Don’t Lose Money!

Be sure to head on over to Active Day Trader Website and claim your freebie!

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