Posted on September 12th, 2008 at 10:59 AM

The 3-Day Seminar in La Jolla was a huge success. Thanks to everyone in attendance. Here are some of the pictures we took over the three days.

Group Picture Day 1

Posted on September 17th, 2008 at 08:57 AM

The mainstream media has been calling a bottom for a while, and a while longer, and a while longer.  Now they say the short sale rule is a game changer.

The bottom will only be known in hindsight.

However, I'd like to draw your attention to some of my prior posts.  Perhaps some of the insight here at our blog has helped some of you.

By M. William Scheier, a futures trader and analyst in the E-mini Index contracts
Posted: Sep 19, 2008

No matter how clever your trade entries are, successful trading is mostly a mental game. This treatise on trade psychology is appearing in a series of installments (and modified for use on this site) and has been excerpted from chapters of the book Pivots, Patterns and Self Recognition. The excerpts appear here by permission of the publisher, valhallafutures.com.

This is the fifth installment in this series, whose purpose is to examine the internal decision environment the trader faces within his mind. On the assumption that a better understanding of the mental conflicts we face will improve our trading results, the three modes of conflict are personified in separate "voices" inside of us. These are the Trader, the Accountant and the Analyst.

By Kathy Lien, Chief Strategist of DailyFX.com*

One of the most popular ways to trade currencies is to try to pick tops and bottoms. Although many FX experts, including me, stress the effectiveness of trend trading in the currency market, fading a trend tempts many people into what often becomes a frustrating endeavor.

A perfect example is the EUR / USD, which first looked as though it could top out at 1.45 but then moved on to hit a high just shy of 1.60. Countless numbers of FX traders have tried to fade this move, but a quick glance at the charts shows that, even though some profit was made fading the 2-year uptrend, far more money was made by traders who simply stayed with the trend.