A follow up S&P500 video
In today’s short video, we are going to take another look at the S&P 500. The action on Wednesday was extremely important. Where the market stopped was an indication of where we are headed in the future.
I think you’ll enjoy this video as it is brief, to the point and educational.
You can watch this video with my compliments and there is no registration requirements. I would love to get your feedback about this video on our blog.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
How to Use Limit Orders to Your Advantage and Save $ Over Time
Today’s post is on a very simple, yet often overlooked way to potentially gain an edge every time you trade. Hiro, the founder of the up and coming site My10000dollars.com is going to explain how he uses limit orders to save money when entering trades. Be sure to leave a comment and let us know your tips for saving money when executing trades.
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So you’re new to investing. Or maybe you’re an intermediate or perhaps even an advanced trader. Regardless of where you are in your investing career, there’s one trick that I’ve learned through the course of my investing experiences that really helps me gain a slight edge every time I trade. Over time, this strategy leads to a pretty significant amount that could be added to your overall gains. Read more
The Trading Journal Do’s and Don’ts
Every time I ask Norman Hallett from TheDisciplinedTrader.com to “give us more” on a previous topic he’s previously covered, he always delivers. What do I mean? Well, about a month ago Norman wrote a post discussing “Measuring your Trading Experience” and within the article he touched on an important part of many successful trader’s daily routiens…a Trading Journal. So after many requests from readers Norman has come back to give us the BEST methods for writing and MAINTAINING a journal.
Please enjoy the article, to be notified when the upcoming The Disciplined Trader Intensive
Program will be held visit TheDisciplinedTrader.com to learn more, and please comment as much as you can below! We want to hear your journal story…or lack there of!
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In The Disciplined Trader Intensive Program, where we train traders of all modalities to be disciplined in their trading, one of the topics we delve into deeply is journaling. You see, journaling is the most effective way to self-evaluate your strengths and weaknesses as a trader, therefore allowing you to target specific problems for correction.
Here are two very popular basic questions about journaling that keep coming up in our Intensive along with answers that I hope will be helpful for your own journaling:
What is the purpose of having a trading journal?
Special Re-Broadcast: Corey Afraidtotrade.com
Last month I had the pleasure of meeting Corey Rosenbloom from Afraidtotrade.com and his presentation on “Idealized Trade Set-ups for the Intraday Trader” was the best I saw…period! They are re-broadcasting the seminar TODAY at 12PM EASTERN so don’t miss Corey’s presentation.
Trader’s Blog Contest For July
“Who runs the federal reserve: the banks or the government?”
Just leave a comment stating if you think the banks or the government run the federal reserve. Don’t do any research, just shoot from the hip on this one.
Prize
Winner will receive 1 FREE months of INO TV and a prize pack of 6 DVD’s from the INO TV collection. Customize your set and pick 6 from a collection of over 600 seminars.
INO TV & DVDs (+$130.00 Value)
How To Enter:
Comment on this post telling us who you think runs/controls the federal reserve. Add a little bit of commentary or opinion if you would like to… just keep it clean and remember that there is only one entry per person.
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Rules
1. This contest is open until 11:59 PM (PST) on July 31st, 2009.
2. No wrong answers, any participation counts as an entry.
3. One entry per email address.
4. Winner will be picked by random integer software.
5. Winner will be contacted on Monday August 3rd, 2009 via email.
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Good luck!
June Trader’s Blog Contest Winner is…
The winner of the June contest, where we asked “Gold - Up 11% in May… where is the top for this market for 2009,” is random comment number 62. We had 284 responses, but only 258 eligible comments.
Congrats… Allan S., New Market, Ontario
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After crunching everyone’s guesses:
Mean - $1,262.46
Mode - $1,200.00
Median - $1,203.5
S&P 500 update (New Video)
Today I’m going to take another look at the S&P 500 Index. It appears that some of the rose coloring on traders’ glasses is beginning to wear thin. Many more traders now perceive this as a two way trading market as opposed to a one way street we witnessed in March and April.
I am going to be analyzing a daily S&P index chart and making some observations that I think potentially could work out if certain elements fall into place.
At the present time our “Trade Triangle” technology is indicating a neutral stance in this market. With the -55 reading our “Trade Triangles” are indicating a trading range which could possibly be an early sign of a reversal.
You can watch this video with my compliments and there is no registration requirements. I would love to get your feedback about this video on our blog.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
Buying Physical Gold as a Money Management Strategy
With all the attention on gold recently I wanted to bring in Justin Tazi from TradeGoldOnline.com to give us something to think about regarding making gold a valid money management strategy…what are YOUR thoughts? Let Justin and the rest of the world know your thoughts by leaving a comment!
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With the proliferation of online trading over the last decade, and the fears of being robbed by “evil” investment managers such as the likes of Bernard Madoff it is no wonder why so many individuals are attracted to the concept of managing their own investments. It is interesting to note that Madoff will reach the ripe old age of 221 years old when he finishes doing his time for stealing billions of dollars out of hundreds of people. When it comes to trading the markets however, it is crucial to recognize that as a trader you are faced with the same types of risks as those defrauded by Madoff, risks that can leave you betrayed by your own lack of self discipline. An effective money management strategy is the difference between your success or failure as a trader. Then why is it that so many of us spend countless hours studying charts, listening to expert commentary, and are glued to the latest news feeds without the careful respect and study of effective money management strategies.
Apple vs RIMM … who wins? (new video)
A little over six weeks ago I produced a video on the relationship between Apple and RIMM.
I called it the “Battle Of The Tech Titans,” and in this short video I explained that we felt the relationship was changing between Apple, Inc. (NASDAQ_AAPL) and Research In Motion, Ldt (NASDAQ_RIMM). I detailed a strategy of approaching this market using a trading strategy that I call “pair trading” or “trading pairs.”
What trading pairs means is that you buy one market while going short the other market in the same sector. Now Apple and RIMM are battling it out right now in the smart phone sector. It remains to be seen who is going to be triumphant in this battle but it would appear as though Apple may have the upper hand based on its very successful “APP” store.
I strongly suggest you watch my earlier video on this subject; here’s the link. And then watch our latest video which I just produced.
Trading pairs is what many professionals do when they are unsure as to the direction of the general market but feel pretty comfortable in their analysis of the relationship between two stocks. I hope you find the video both informative and educational.
The video is free to watch and there is no need to register. I would love to get your feedback about this video on our blog.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
Madoff will be trading again…
his fruit cup for a pack a smokes, because it looks like Mr. Madoff is headed to the big house. We talked about Madoff quite a bit when the news broke. I would say that the majority 
of Trader’s Blog visitors screamed that Madoff should be locked up, but that the investors he worked with should have never expected such outlandish returns.
CNN just broke this story…
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Madoff sentenced to 150 years - Federal judge gives maximum sentence to Ponzi mastermind following his apology and victims’ request for life sentence.
NEW YORK (CNNMoney.com) — A federal judge sentenced Bernard Madoff, the convicted mastermind of the largest and most sweeping Ponzi scheme ever, to the maximum sentence of 150 years in federal court Monday.
Judge Denny Chin of U.S. District Court in New York announced the sentence just moments after Madoff apologized to his victims. Read more
