No matter your trading experience you know that proper portfolio allocation is a crucial element that is often overlooked. It’s overlooked by everyone, from professional to newbie. So don’t feel bad. But what we need to do is nail down what we should be doing and that’s why I invited Blain Reinkensmeyer owner of StockTradingToGo.com to give us some tips and tricks that we can use in our own portfolio. If you have any feedback please leave a comment and he’ll get to you!

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It’s Friday, and it’s the end of the month… what a month it has been. Huge moves in crude oil, gold, stocks and other markets have put a lot of money into trader’s pockets during the month of May.

As a reader of this blog, you know how we stress the importance of education and learning how the markets really work. That is why I am truly excited to share with you these new educational trading videos from my former exchange that is now called the CME Group.

You won’t want to miss these daily updates and analysis of the major markets.

If you didn’t make money this month then you weren’t watching our Trade Triangles.

CURRENCIES
May has been quite a month, especially for the British Pound (GBP). In an earlier video, I alerted everyone of the potential upward move. The market ended up moving right in line with my expectations and is showing some excellent profits. One currency contract at the CME is showing a profit of over $8,000, a stunning return of over 216% over initial margin*. (more…)

Based on a pre-defined weighted trend formula for chart analysis, BAC scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend):