The real “Holy Grail” of trading

March 31, 2008 · Filed Under General · 1 Comment 

Dear Trader,

Here are 10 trading rules that can help you become a successful trader.  This is the real "Holy Grail" of trading.

Enjoy,

Adam Hewison
President, INO.com

The king of exit strategies

March 29, 2008 · Filed Under General · 2 Comments 

The king of exit strategies.. Chuck LeBeau

I have known Chuck LeBeau for over 25 years. He is one of my favorite people; he’s also one very smart trader.

Chuck and I were fortunate enough to go on several lecture tours together both in Europe and Asia where we gave speeches on various markets and trading strategies. Chuck’s expertise is in how to exit markets successfully.

I can honestly say that Chuck is a straight shooter and a first-class guy with credentials to match.

Chuck has appeared as a featured speaker at numerous futures seminars throughout the world and has frequently been a guest lecturer at a major university where he has taught fundamental and technical analysis to graduate students in the MBA program. He has been a paid consultant to several financial institutions as well as many individual futures traders and has trained interbank currency traders for the Bank of China in Beijing and for the Abu Dhabi Investment Authority in the United Arab Emirates.

He is the co-author of Computer Analysis of the Futures Markets
(McGraw-Hill) which is now available in seven languages.


But personally, I know Chuck more for his work on exit strategies.  As a trader myself, I know how important exit strategies are. In fact, they may be the most important tool you possess as a trader.

Don’t worry; I am not trying to sell you a special trading course from Chuck on exit strategies. I just want you to watch this video this weekend if you have time.

The video was shot live at one of the educational trading conferences INO.com hosted several years ago. The good news is that the video is timeless and Chuck’s strategies are just as important today as they were when we shot this video.

You won’t want to miss the beginning of Chuck’s video as he tells a hilarious story about how one trader was getting his buy and sell signals from Mars. It’s an amazing true story but it happens to have a very important message that every trader who wants to be successful should listen and learn from.

Here’s Chuck’s video.
Enjoy,

Adam Hewison
for the MarketClub Team

Gold back above $950 on weak dollar, firm oil

March 28, 2008 · Filed Under General · 1 Comment 

Wednesday March 26 2008


By Frank Tang and Atul Prakash

NEW YORK/LONDON, March 26 (Reuters) - Gold ended higher and near a one-week high above $950 an ounce on Wednesday as a falling dollar and strong oil prices encouraged investors to shift money back into the market after last week’s heavy sell-off.

However, gold could further consolidate before testing new highs after a tumultuous price drop last week had put a damper on the yellow metal’s run, market watchers said.

Gold rose as high as $951.60 an ounce and was at $949.00/949.80 by New York’s last quote at 2:15 p.m. EDT (1815 GMT), against $934.60/935.40 late in New York on Tuesday.

"We saw some pretty big falls last week and there has certainly been an increase in buying over the last day or so from investors who think those falls were overdone," said Daniel Hynes, metals strategist at Merrill Lynch.

Gold hit a record of $1,030.80 on March 17 before a broad sell-off in commodities dragged down prices to a one-month low of $904.65, briefly hurting investor confidence in the metal, seen as an alternative investment and a hedge against inflation.

The dollar slumped for a second straight session after an unexpected fall in U.S. durable goods orders bolstered worries about the economy’s health, which could prompt further interest rate cuts.

Higher-than-expected U.S. new home sales numbers also failed to stop a slide in the dollar.

A weaker dollar makes gold cheaper for holders of other currencies and often lifts bullion demand. The metal is also generally seen as a hedge against oil-led inflation.

Soaring energy prices boosted gold’s appeal as a hedge against inflation. U.S. crude futures ended up $4.68 at $105.90 a barrel.

"We are still going to have another leg up towards $1,000, but I think it might be slower than the run up we saw the last time," said Suki Cooper, metals analyst at Barclays Capital.

In other markets, the active U.S. gold contract for April delivery on the COMEX division of the New York Mercantile Exchange settled up $14.20, or 1.5 percent, at $949.20 an ounce.

OUTLOOK CAUTIOUS

However, dealers said that gold could run into strong resistance due to chart-based weakness and lost momentum among gold bulls.

"This rally that we are seeing (now) is just a corrective rally. I think it’s going to have problems between $965 to $980, and you will see professional selling coming to the market at that point of time," said Adam Hewison, president of MarketClub.com, Annapolis, Maryland.

James Steel, metals analyst with HSBC in New York, told clients in a note that commodities prices, including gold and other precious metals, had ample opportunity to extend declines further during the recent correction because investors had reduced or eliminated their exposure to commodities.

Platinum was supported by supply fears due to the power crisis in top producer South Africa. Palladium and silver also firmed but remained below their recent highs.

Spot platinum rose 1.5 percent to $1,990/2,000 an ounce from $1,960/1,970 late in New York on Tuesday. It hit a record high of $2,290 on March 4.

South Africa’s Public Enterprises Minister Alec Erwin said on Tuesday that power utility Eskom’s ability to raise capital could be undermined if it was not allowed to raise tariffs.

Eskom has struggled to cope with rising demand due to years of underspending on generating capacity. The energy grid came close to collapse in January, forcing gold and platinum mines to shut down for five days and driving platinum to record peaks.

Silver rose to $18.38/18.43 from its Tuesday U.S. close of $17.78/17.83 an ounce, while palladium was up at $453/458 an ounce, versus $442/447 in the U.S. market late on Tuesday. (Editing by Christian Wiessner) (Additional reporting by Bate Felix in London)



Reuters is a registered trademark of Reuters

Has the dollar finally bottomed out?

March 28, 2008 · Filed Under General · 3 Comments 

Today we’re going to be looking at the Euro versus the US Dollar.

I have just finished making a  new video that looks at the Euro since the beginning of February. This free videos shows you step by step all the signals and trades that we have shown in this market.

We are using MarketClub’s proprietary Trade Triangles to trade this cross. After looking at the results we had six winning trades and only one trade that rendered a loss. The results are detailed in the video.

I believe that when you see this logical way to approach the markets, you will be impressed and you’ll want to incorporate similar techniques into your own trading plan.

At INO.com and MarketClub we welcome your feedback. Our goal is to help make you a better trader.

Here’s to your best trading year ever!

Adam Hewison
President, INO.com

Clarification on Apple

March 27, 2008 · Filed Under General · 2 Comments 

WOW, thank you so much for all the positive feedback we received from our last video on Apple.

There appears to be some confusion as to if we are advocating a long position in Apple, or if we’re neutral on this stock. The short answer is we are neutral on Apple. In the Apple video we illustrated some classic Fibonacci retracement numbers that indicate where Apple could go. We did not say you should buy Apple.

In order for us to buy Apple our monthly (trend) Trade Triangle must be green. Currently this monthly trend indicator is red.

I sincerely hope that this video clearly illustrates the power of the MarketClub Trade Triangle approach.

Right after April 1st, we will be publishing our Q1 results. The early numbers look promising.

Once again, thank you for all your positive feedback, and for taking the time to watch our videos and read our blog postings.

Here’s to your best trading year ever!

Adam Hewison
President, INO.com

Apple’s secret weapon.

March 26, 2008 · Filed Under General · 4 Comments 

Are you ready to take a bite out of Apple’s secret weapon?

Apple has got to be one of my all-time favorite companies. I have used Apple computers for years and they never cease to amaze me at how easy they are to use and how well-designed they are.

But Apple’s gone much further than ease of use and great design, they are now a fully fledged consumer company with their two breakthrough products, the iPod and the iPhone.

Both of these products have taken on a cult like status and are certainly icons for this generation. 

I was recently in Washington D.C. for an appearance on CNBC that I ran into Walter Mossberg.  Now here’s a guy who can have any tech toy he wants (Walter writes on technology for the Wall Street Journal and gets inundated with free tech stuff) and there he was talking on his iPhone. Now how cool is that? I might add that CNBC and the Wall Street Journal share offices in Washington.

Now, Walter is around my age and he’s using the most advanced smart phone on the planet. I said to myself right there and then, that I just had to get me one of these cool phones.

Now here’s the challenge, once you check out the iPhone you will want one too! I know all my kids want one, now that they have tried out my iPhone.

We expect that Apple under the visionary leadership of Steve Jobs will grow dramatically in the future. We expect that Apple will become better known for its consumer products than for the computers it first started out with.

I just finished a short movie on Apple that explains the recent slide, and why we think the market may be getting ready for another big move.

There’s no registration requirements to view the video, and you can watch it at any time.

This is Adam Hewison wishing you every success in trading and in life.

I’ll see on the web.

See if this makes sense to you.

March 25, 2008 · Filed Under General · 7 Comments 

Dear trader,

In the world of trading, gold is one of those special markets that seems to defy the laws of physics.

That all changed last week.
After skyrocketing to over 1,030 dollars an ounce, goldseemed to discover gravity, and plummeted over $125 in just a few days.

So, the question is, has the bubble in gold burst?

See how we address this question, and how we trade gold, in this short video.  See if it makes sense to you.

No registration is required.

Here’s to your future success.

Adam Hewison
President,INO.com

Watch Bloomberg TV at 1:10 PM today.

March 24, 2008 · Filed Under General · Comment 
Watch Adam Hewison, President of INO.com
today at 1:10 PM on BLOOMBERG  TV. 

Adam, is following up on his amazing predictions he made last September for the economy, the stock market and inflation. You can watch that clip right here:

Enjoy,

Nine months later, it still makes good market sense.

March 24, 2008 · Filed Under General · 1 Comment 

First posted on June 25th, 2007

There used to be a time when investing was simple.

You know what I mean? You buy at 10 and sell at 15 and make 50% on your money. I can understand that, and so can most investors.

I have to admit that some of these off book derivatives that banks and hedge funds are creating and trading are just not that simple to understand.

When the time comes and it will, you will see the you know what hit the fan. Some of these hedge fund managers will see that a lot of stuff that looked good in computer simulations, may not look or work as well in the real world (see the sub-prime melt down).

Just look at what happened to this hedge fund, Amarath Advisors who lost 6 BILLION and how they thought they where more smart that the markets.

And now the Blackstone Group has gone public with great fanfare. Now that’s going to be an interesting one to watch. I am going to be watching this one closely, if it drops below its initial public offering at price of $31.00, it could spell problems for the whole market.  If this stock trades below 30 you are going to see a lot of press, finger pointing and speculating that we are seeing a top in the markets.

The only way to consistently be successful in the market is to learn how the market works, have a game plan and have two other key elements necessary for success.

Here they are:

* Discipline

* Diversification

Once you understand how the markets work, have a game plan and master discipline and diversification, you are on your way to success.

Every success in the future,

Did the bubble burst?

March 22, 2008 · Filed Under General · 4 Comments 

What an incredible week!!

It seems like if you don’t like the price one day in the stock market, just wait a day and the market comes back. This will not continue forever. Sooner or later the downward trend in the stock market will reverse and go higher. But for now, the trend according to our market indicators is pointing lower.

Vote in this weeks poll: Do you think that stocks have bottomed out? 

In the world of commodities, a bubble burst last week when we witnessed a dramatic drop in gold.

After trading as high as $1,030, gold hit an air-pocket as all the hedge funds bolted for the exit door at the same time. This mass exodus pushed gold dramatically lower and close to the $900 level in just a few days.

Has the commodities bubble finally burst?

Yes, we believe the bubble has burst. We expect commodity prices will continue to be volatile and more on the defensive in the weeks ahead.

This may not be good news for the hedge funds who have seen many of their profits evaporate in past few weeks. As we are coming to the end of the Q1, how many of these funds are going to show a negative or a flat return for the entire year?

You don’t have to hold any fund-raisers for hedge fund managers, as they have done pretty well over the past few years. Now there are just too many inexperienced hedge fund managers doing the same thing.  They are all chasing too few opportunities in too few illiquid markets. Maybe they all read the same book on how to start a hedge fund.

We expect that 2008 will be remembered for its volatility and the fact that many hedge funds closed up shop because of disappointing returns.

A few days after the end of Q1, we will be publishing our first quarter results. You may like to take a look at our Q3, Q3ag and our Q4 results.

I think you’ll agree, that we have done very well in some difficult and volatile market conditions.

Take a look at how we approach and analyze the gold market in this short video that we’ve just finished.

Then take a look at our other educational trading videos in our "Traders  Whiteboard" series.

If it all makes logical sense to you, I invite you to join thousands of other smart traders who rely on MarketClub everyday to spot winners in the stock, futures, metals and forex markets.

Every success in the future.

Adam Hewison
President,INO.com

Be Our Guest

We welcome syndication of our content in your blog or on your trading website. Please feel free to use our content with attribution -  more details here to syndicate our content

Next Page »