Archive for October, 2008:
What the heck is going on with Gold?
Gold at the moment is perplexing to a great many traders. To many it was a shock when gold recently traded below the $700 an ounce level. So the question is, what happened to the $2,000 an ounce target that most gold bugs were calling for?
In this new released video, Adam explore that question and look at what he think will be this markets next move. You might find his analysis and conclusions rather surprising.
Enjoy the video!
Forex Avenger
We just posted the review for Forex Avenger system. This is a new course just launched today. Click here to read our review.
- Truth #1 - The Forex Avenger system is totally mechanical.
- Truth #2 - You can’t make a mistake. You just follow the rules.
- Truth #3 - The Forex Avenger rules are easier than the instructions on a microwave meal.
Video proof of Crude Oil’s results
Adam from INO just finished a new educational trading video on crude oil. This short video shows you all the Q3 trading signals that took place in this market. The results have been nothing short of spectacular. With gains of over 20,750 per contract, I think you’ll understand why they are so excited about their “Trade Triangle” technology and this video. During the Q3 period they had six trades; four winners and two losers. The biggest gain was 13,160 a contract, while the biggest loss was 3,770.00. Q3 was a great quarter that produced fabulous results.
While their Q3 results were great, what is more impressive is their “Trade Triangle” approach has consistently produced positive gains for the past five quarters. With gains of 88,450.00 per contract over that last five quarters, you can see why they believe they have the perfect balanced approach to this market. That’s what they are most proud of.
Click here to enjoy the video.
PS. Adam ran the Q3 numbers on his blog… WOW!
Click here to read more details in his blog.
Is Gold the Game Changer?
There’s no doubt about it, these are volatile times and that is reflected in the broad swings in all of the markets. One market that had a huge move today may have produced a game changer that you can make money on.
This is referring to a major commodity that has not acted like it would normally act in an economic crisis.
What successful traders do in today’s market?
The big question most traders around the globe are asking is:
“How do I trade in a market like the one we’re in the midst of right now?!”
That’s a fair question, IF you don’t have a set of good trading methods.
However, the select groups of traders who DO have good trading methods aren’t even thinking about that question.
They just follow the rules of their methods, which, BY DESIGN, keep them out of the market for the most part when it behaves like it has in recent weeks.
* And that is the difference between a successful trader and a trader who consistently loses.
HOW SUCCESSFUL TRADERS MAINTAIN THEIR ‘EDGE’
To see how successful traders handle markets like we’re in right now, watch this brand new, short video that spotlights a few recent trades that were picked off a week BEFORE the market tanked on 9/29.
You’ll see:
* James River Coal Company (JRCC)
- Went short 9/22
- Hit 10% profit target a few days later
- Then grabbed another profit with a special technique
- smart traders use. (You have to see this.)
* Mosaic Company (MOS)
- Went short 9/23
- Hit 10% profit target very quickly
- Using the same technique as with JRCC, collected even more profit as the market continued to tank.
So where’s the market heading next?
- Amateurs lose sleep when they think about this question.
- And successful traders, honestly, DON’T CARE where the market is headed next… because they have step-by-step rules that let them spot profit potential NO MATTER WHAT HAPPENS.
Click here to watch the video.
Good Trading.
Video Lesson: Fear
“The only thing we have to fear is fear itself.”
Thus spoke Franklin D. Roosevelt 75 years ago.
Looking back on Roosevelt’s speech in 1933, 4 years after the infamous crash of ‘29, he was referring to the economic conditions of the time — better known as The Great Depression. In essence he was saying that if we can’t shake our pessimistic economic outlook, it will be tough to turn things around.
The question is… are things different this time?
The answer is yes and no. People are still fearful of what the future holds and they have very little confidence in the economy. The big difference between the crash of ‘08 and the crash of ‘29 is that we now have India and China on the world stage. Back in ‘29, both of these countries where not on the radar. In fact India was under British Rule.
Both India and China’s economies will suffer with the turn down here in the US. They are now going to have to generate their own domestic consumption patterns for the goods and services they formally sold to the US. This is going to be hard to do as so much of their economy is based on exports which are evaporating quickly.
The fact of the matter is that the markets are extraordinarily turbulent. We do not expect, even with the worldwide bailout, for things will be rosy again anyt ime soon. However, that does not rule out some extraordinary trading opportunities in the markets. This is a time for rational thinking. It is also a time to eliminate fear from trading.
There is no need for fear in one’s trading plan if you’re running with a diversified program that has proven to be successful over time. What I mean by overtime is not just the last six months, or six years, but over a long period of time I mean as much as 30 years.
When you have a program that puts the odds on your side, you can trade with confidence knowing that you’re going to lose some small skirmishes in the market, but overall you will make money based on your own trading decisions.
Many of you know that we trade using MarketClub’s “Trade Triangle” technology. This approach has proven successful in all types of markets, including the one’s we are in now.
I’ve put together a short 12 minute video to show you how we have fared in three different markets us ing this technology.
For a small percentage of you, this video will be an eye-opening experience. For another percentage of you, you are already fearless MarketClub members. There will also be some of you that are successful traders using your own system, and there is probably no need to watch this video.
Trading should be an unemotional experience. If you are trading for the excitement, odds are you’re going to lose. If you are trading just to say that you trade, you’re probably going to lose. If your trade for any other reason than to make money, you’re probably going to lose.
The possibility of successfully trading any market is out there. This video will show you how our unemotional, time tested approach to the stock, future, forex, etf, and mutual fund market will put the odds in your favor that you are on the right side of these extraordinary trading times.
“The only limits to our realization of tomorrow will be our doubts of today.”
Franklin D. Roosevelt
Every success.
Eerily similar S&P500 chart action…
If you’re scared or confused about what’s been happening in the market and the economy over the past week…
-then you need to see this brand new trading video…
* It shows you what usually happens when the market is gripped by fear, like it is now… and how smart traders can pounce on the coming profit potential…
-You’re walked through the current S&P500 chart, and then you’ll see an eerily similar situation that happened a few years ago. You may be surprised by what’s going on…
As a bonus, the video starts with 3 recent trades that set up this past Monday as the market plunged. 2 of them hit 10% profit targets already last week, and 1 didn’t enter into a trade at all, so you can see the importance of having step- by-step ‘risk rules’ to keep you out of the trades you shouldn’t even be considering.
I hope you enjoy the video.
