Jack Welch, the former CEO of General Electric, is known far and wide as a brilliant business executive. But the recent issue of Barron’s reveals that some of his apparent success may have been due to other factors:

A frequent question I get from less-experienced traders is: “Should I add futures contracts to my existing market position?” That’s a broad question and there is no single right answer. So, let’s break down the question into some scenarios.

1. Always Preserve Capital. Traders should limit loss to 1% of total capital for any one position. 2. Always trade in the direction of the larger trends, with the most emphasis on the Primary Tide that lasts many months or years. In a Bull Market, look only for opportunities to…

It helps to have a sense of history when studying the behavior of human beings, the economy, and financial markets ? particularly since human behavior is what makes markets trend in one direction or another. In last month’s Elliott Wave Theorist, Bob Prechter wrote about how current events in our…

Those who study the Wave Principle and use it for trading appreciate all it can do to provide a framework for making trading decisions ? notwithstanding the fear and trepidation or other emotions that come out when trading. Learning how to use the Wave Principle in all its rich complexity…

It’s not necessary to visit a cattle ranch to find herding behavior. Consider this report from today’s news: ‘Two of America’s allies in Iraq are withdrawing forces this month and a half-dozen others are debating possible pullouts or reductions, increasing pressure on Washington as calls mount to bring home U.S….