Gold Alert!
Short-term traders enter a long position on a Green Daily “Trade Triangle” @ $1,345.75 today. Intermediate and long-term traders remain in a long position.
Poll: Where will your money be on Tuesday?
Since 1932, the markets have rallied after each midterm election. Is that a guarantee that this will occur once the dust settles after Tuesday’s election? No, but most investors seem to think that will be the case this year. So today’s question is:
Loading ...If you’re currently out of the market, what are you waiting for to get back in? If you’re in, what will drive you out? Tell us more about your “election strategy” in the comments section below.
Every success,
The MarketClub Team
Gold Alert!
Short-term traders exit long position on a RED Daily “Trade Triangle” @ $1,327.33 today. Intermediate and long-term traders remain in a long position.
Penny Stock Basics – High Risk, High Reward
Today’s guest blogger is PennyStocksVIP. They have kindly offered to share sections of their members’ only PDF with our blog visitors today. Although risky, penny stocks have a certain charm. These excerpts will share simple definitions and information about these high risk, high reward stocks. Learn more about PennyStocksVIP and their complimentary alerts.
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What are Penny Stocks?
First, let us define what a penny stock is. While there is no real definition that is commonly agreed upon, how investors behave with certain stocks give us clues. Most stocks trading at below $5.00 are treated as Penny Stocks. This, even though being the mist defining of the criteria, is not all there is to look at. There are three major guidelines to follow to see if you are looking at a Penny Stock.
1) Price per share: As mentioned above, the trading price range helps determine if a stock is a penny stock. The lower it is, the closer it is to being a Penny stock, although there is no exact point when this happens.
2) Markets: Depending on where a stock is traded, such as Over The Counter Bulletin Board (OTC-BB), Canadian Venture Exchange (CDNX) or Pink Sheets, it may categorize a company as a Penny Stock. As Penny Stocks trade on different market exchanges, one will need to know where their stock of interest is trading before setting up an order. Read more
Gold Alert!
Short-term traders enter a long position on a Green Daily “Trade Triangle” @ $1,347.88 today. Intermediate and long-term traders remain in a long position.
Saturday Success Story – David, Tennessee
At MarketClub, our mission is to help you become a better trader. Our passion is creating superior trading tools to help you achieve your goals—no matter which way the markets move—we promise objective and unbiased recommendations not available from brokers.
Here’s great news from a member…
“I’m new to MarketClub. I sold DAL at a -100 signal to preserve a nice profit. I am mostly using the site thus far to learn about fibonacci lines, MACD, trading techniques, etc.
So far I like what I see at MarketClub. ~ David C., Tennessee
To send your own success story, please email blog@ino.com. We wish all of our members the best and we look forward to hearing your success story.
Poll: Where is gold going next?
October has been a busy month for gold. First, it hit a record high on October 18th at 1386.72 and gave all of our gold bugs reason to say I told you so. Then, earlier this week gold took a small dive prompting an exit signal via the “Trade Triangles” for short-term traders. Here at MarketClub, we’ve been hearing talk of a gold bubble, but what do you think?
Loading ...We invite you to tell us what you think about this market that has everyone talking.
Every success,
The MarketClub Team
The Power of Money Management
We have all heard the tale of the Tortoise and the Hare, wherein Aesop teaches us the lesson that “slow and steady wins the race.” Like wise in trading, consistent, steady profits and solid money management translate into a winning portfolio. With us today to share his thoughts on money management is Mark Hodge, Head Trading Coach at Rockwell Trading. After you have read Mark’s take on this important facet of market success, please share your thoughts, comments, or questions below.
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In my experience very few traders truly understand money management and how to use it. This is unfortunate. I’d argue that money management is the single most influential factor on your financial growth as a trader. Using the example below, I’ll even show you how you can double your trading account in less than a year, averaging only $125 a week. Read more
The #1 Reason Why Gold Collapsed (New Video)
Following the gold market as we do here at MarketClub, it was amazing that nobody, and I mean nobody, was bearish on this market. This always creates a problem as the markets tend to reverse when everyone is on one side and there’s no one else left to buy.
Another tip-off was on Fox Business News and also on CNBC indicating that gold was going to hit $1400 almost immediately. Well after Tuesday, we know what was to happen to the price of gold. If gold were so strong, should it really have gone down almost $70 in 4 days?
Read more
Free Webinar at 4pm today …
As a Trader’s Blog reader, we would like to invite you to a live webinar presentation on MarketClub’s Global Strategy Portfolio. This model portfolio that proves that diversification can work when it’s done the right way.
Using the Wall Street method of diversification you would have lost close to 30% of your money, but with MarketClub’s strategy you would have made a 23% return on your money during the exact same time-frame. That’s an over 50 percentage point swing in just 30 short months.
We also invite you to download this complimentary report that shows you not only how to achieve these results, but also shares the rules that you need to follow in order to get the exact same results in half the time, with less risk. The blueprint for our model Global Strategy Portfolio is fully explained in this report in clear, everyday, non Wall Street language.
Once you’ve taken a look at how this remarkable strategy works, be sure to watch as MarketClub co-founder Adam Hewison and MarketClub expert Susan Jackson will help you understand the Global Strategy Portfolio Wednesday at 4pm EDT (8pm GMT).
Whether you’re on a trial, already a member, or interested in learning more about our premium advisory service and our “Trade Triangle” buy and sell signals, we encourage you to join and sign-up today.
We look forward to seeing you there,
The MarketClub Team
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