I believe that at varying times, the fundamental or technical indicators can hold sway over a market; neither can be completely relied upon or completely dismissed. After both factors are considered, I think it’s best not to believe what you “hear” but to believe what you “see”. In other words, all the bullish news in the world means nothing when the market is trending lower. Similarly, the bear arguments should be mitigated, to an extent, if the market is trending higher. The price action you actually “see” is what’s most important. There are potentially scores of factors that can influence prices each day, week, and month, and the most relevant and powerful ones will cause the market to advance or decline. The challenge is to trade in the direction of the flow of funds. I’m confident in my ability to assist you, and I look forward to working with you.
Industry Background:
I’m a 1988 graduate of The University of Iowa and began my career as a broker with the Carroll, Iowa Branch Office of Lind-Waldock in 1989, handling Sales for the states of Minnesota, Nebraska, and Iowa. Over the years, my duties expanded to include Broker-Assisted Trading. In 2008, our office converted from a Branch Office of Lind-Waldock to Hawkeye Commodity Brokers, Inc., a Guaranteed Introducing Broker. RJ O’Brien and Associates is our Futures Commission Merchant of choice.
Technical Study Background:
Chart Patterns, Support and Resistance Levels, Momentum Indicators and Moving Averages
Trading Strategies:
Money management is the key to any trading plan. Over the years, I’ve witnessed many self-directed traders with an accurate directional bias enter and exit a market and actually take a loss. Analyzing a market and correctly speculating that it will advance or decline over time is merely half the battle. From there, you’ll have to determine whether to trade futures, options, or a combination of the two. How much of your equity to reasonably risk, and how to control risk? At what point to take profit? Are there ways to create staying power or to diversify your position? There are several strategies that can be employed to help address these questions, including outright and spread futures positions, outright and spread option positions, and positions where futures and options are combined.