TradingMarkets Making Great Traders - The Best of This Week's Trading Lessons

Dear Trader:

TradingMarkets' mission is "Making Great Traders." Each week we publish trading strategies and research from many of the best professional traders and educators in the world.

Here are the best of the articles we published this week. We hope you enjoy them and prosper from them!

This Week's Top Lessons

CANSLIM Star Trader: An Interview with Gil Morales, Part 2
In this follow up to Part 1 of our Big Saturday Interview with Professional Money Manger Gil Morales, you'll learn his unique strategy for managing positions -- one of the critical keys to his success. You will find out his criteria for quickly closing unprofitable positions and allowing winning stocks to making runaway moves in for outsized gains over a period months. Plus, you'll enjoy reading Gil's personal recollections what it was like to work closely with the legendary Bill O'Neil.

Top 10 Traits of Successful Traders and Investors
Improve your trading by learning what the biggest and most successful traders have in common, from veteran money manager and advisor Gabriel Wisdom.

PowerShares ETFs Make Great Trading and Investing Tools
If you are looking for strong runaway trends there's no better place than PowerShares ETFs. In this week's lesson from trader Toni Turner, you will learn how to identify high momentum ETFs that you can potentially hold for weeks or even months at a time.

Let The Profits Ride: Methods of Long Term Trading
One of greatest rewards to traders comes from successfully holding on to winning stocks to maximize gains -- and not closing out those positions prematurely. In this article from trading expert Billy Fisher, you'll learn three strategies that professional traders use in order to stay in profitable stocks.

Enhance Your Covered LEAPS Strategy with Options Delta
Whether you trade options outright or apply more advanced spread strategies, you will have greater mastery when you understand the nuances of delta. In this article from professional options trader Larry Gaines, you will learn what delta is and how to properly apply it, especially as your options position approaches expiration.

Popular Past Articles

Direction is the Key to Using ADX Correctly
For years, the ADX indicator has been a favorite of savvy traders. In this article from financial markets veteran Chuck LeBeau, you'll learn a little-known way to use ADX that can increase its accuracy in predicting the continuation of a trend.

Should You Trade Mechanically or with Discretion?
There are two types of traders, discretionary and mechanical. In this article from professional trader and CEO of Market Testing Wizards Rob Davenport explains how to determine which approach could best maximize your trading results.

Good luck and successful trading!

Eddie Kwong
Executive Vice President
TradingMarkets