Alan R. Palmer, Sr., is a professional futures trader and founder of Nasdog.com. Nasdog is an independent research and charting web enterprise, based on time-tested, support and resistance calculations for predicting multi-market swings. The proprietary “Olive Line” calculation is found only on Nasdog and discovered and coined by Nasdog Insight founder Alan R. Palmer.
Alan is a successful independent trader and technical analyst specializing in agricultural, financial and stock index futures. He has worked primarily in the markets traded on the CME Group.
He started trading at the Chicago Board of Trade in 1986 in the 30-year U.S. Treasury bond pit as a local. In 1987 bought his full membership the day of the historic crash and moved back to his passion, trading soybeans, and grains along with bonds and stocks.
Moving from pit to pit as market indicators dictated, Alan used his charting calculations to spot pivotal points as market crossed ‘key levels.’ This acumen is Alan’s specialty and now delivers his knowledge and experience to his customer base. He offers a macro thought process to viewing markets and players as they act with predictive behavior acumen. These perspectives are designed to shield you from as much slippage as possible and will enable your thought process as a trader to mature.
He began his career in the futures industry as a summer runner while thirteen on the floor of the CBOT in 1973 delivering orders and learning the rudimentary workings of the markets. He graduated from runner to phone clerk, deliveriy clerk during the Hunt silver squeeze, working for various brokerage firms. After earning a Bachelor’s degree from DePaul University while working full time, he began a career as a proprietary trader with Paul Tudor Jones, a world-renown money manager, where he perfected his technical analytical techniques.
He launched Nasdog.com in June, 2004, primarily as a traders’ website, to provide research and investor education tools. His irreverent opinions and rule-based trading techniques provide not only valuable insights into macro-market moves, but also provide a refreshing and humorous viewpoint not commonly seen in the trading community.
Alan has appeared on CNBC, Bloomberg, CNN, and has been quoted in The Wall Street Journal, Chicago Tribune, Chicago Sun-Times, Bloomberg and Reuters newswires. He holds an undergraduate degree in Business Finance Administration from DePaul University in Chicago.
Even the best lose money trading pictured to right is P Tudor Jones. Tiger Woods had a Coach and he was the best.