(Trading)Active Trader Magazine(2000-06,Activetradermag).pdf

JUNE 2000 ISSUE
2 Editor’ments On This Issue
3 Contributors
4 Web Watch
7 New Products
8 Level II Quotes: Decoding Supply and Demand
The realities of trading with Nasdaq Level II quotes.
14 Along Came A Spider
How the index stocks — SPDRs, DIAs and QQQs — trade and how
pare with other vehicles.
18 IPOpenings?
For many years, only high rollers were allowed to get in on IPOs.
While it’s now easier to participate, there are still some things to know.
21 Playing Volatility
The ins and outs of option strategies that can profit no matter what direction
the market is heading.
25 Playing the numbers game
28 Trader finds system to fit lifestyle
30 Entering the trading zone: Q&A with Dr. Ari Kiev
Top trading coach Ari Kiev chats with us about the characteristics of top traders
and what it takes to make it in the markets.
33 Probability vs. Profitability
Profitable trading strategies are rarely the ones with the highest winning
percentages. Here’s how profitability and probability stack up.
35 Charting the Market
A primer on the different kinds of charts and how they depict market action.
39 Simple Moving Average
The calculation and application of moving averages.
41 It All Adds Up
Amazing uptrends and downtrends on different time frames reveals
often-overlooked aspects of price movement.
45 The Trader’s Tax Edge: The 475 Election
The misunderstood tax advantage for traders.
49 Trading System Lab
Fourplay pyramiding strategy.
ACTIVE TRADER • June 2000 •
THIS MONTH’S Contributors
Teresa Lo worked in the stock broker-
age business for more than a decade
prior to retirement from the industry in
1998. She is a technical trader and uses
simple, classic techniques to analyze the
market. She holds a BA in Economics
and Psychology from the University of Allen Sykora has been a journalist for 21
British Columbia. Teresa is co-founder years, including several years covering
and conscience of I