S&P 500
1969.95
-8.96 -0.45%
Dow Indu
16912.11
-70.48 -0.42%
Nasdaq
4444.48
-0.43 -0.01%
Crude Oil
101.33
+0.36 +0.36%
Gold
1298.200
-1.005 -0.08%
Euro
1.340235
-0.001165 -0.09%
US Dollar
81.301
+0.091 +0.12%
Weak

Poll: Silly Season starts today, so be prepared

About a year ago I wrote a blog on the "silly season," as I call it. The silly season starts on December 15 and extends through the first week of January. The silly season has nothing to do with telling jokes and laughing at funny things, but everything to do with trading.

Trading is a serious business. If you want to be successful you have to practice, just like an athlete would. I don't think there is an athlete out there who just woke up and said I'm going to be a world-class athlete and achieved that goal without practicing.

After December 15 most successful traders who made their money during the year are headed to either Florida, Palm Springs, or just taking a break to spend time with family.

What makes the silly season, silly?

It has everything to do with the lack of volume in trading. When you have very little volume it is easy for markets to be, forgive me because I am about to say the M word - manipulated - by just a few traders. You do not want to be ending your year at the mercy of markets that are erratic at best. You may as well just head out to Las Vegas and take a shot at the roulette wheel.

So how can you avoid this trading trap? Here's what I do every year: [Read more...]

What Do You Think?

Silly season is coming to a close very soon and it's time to get back to serious trading.  We were wondering....

What Is Your Market Outlook for 2012?

View Results

Loading ... Loading ...

As always, we welcome your comments.

Every Success,

The MarketClub Team

Five ways to improve your trading during "Silly Season" (Poll)

About a year ago I wrote a blog on the "silly season," as I call it. The silly season starts on December 15 and extends through the first week of January. The silly season has nothing to do with telling jokes and laughing at funny things, but everything to do with trading.

Trading is a serious business. If you want to be successful you have to practice, just like an athlete would. I don't think there is an athlete out there who just woke up and said I'm going to be a world-class athlete and achieved that goal without practicing.

After December 15 most successful traders who made their money during the year are headed to either Florida, Palm Springs, or just taking a break to spend time with family.

What makes the silly season, silly?

[Read more...]

Good news, it's the end of "Silly Season!"

Good news, it's the end of "Silly Season!"

On the 10th of December we blogged that "Silly Season" was about to begin. This is the time of year when the markets can get a little weird and do all sorts of things that perhaps they wouldn't do in more normal times.

Liquidity is the lifeblood of the markets and without liquidity markets can be pushed around by just a few small orders that ordinarily would not make a blip on the radar screen.

[Read more...]

Class is in session: Intro to MarketClub

Click to WatchAfter reading that 51% of respondents in our poll were planning to review their trading strategy, we figured it was the perfect time to point out all of the learning resources available to current members as well as those who may be interested in becoming a MarketClub member.

One of the things that sets MarketClub apart from other trading services is that we go out of our way to provide you with a dynamic variety of MarketClub training. We don't just limit this training to a help section (although we have a great one!) or a tutorial (we also have a great one of these as well!), but also through our live, complimentary webinar presentations and recordings.

One of our most popular and educational videos on MarketClub is our Intro to MarketClub video (click this link or the image to the right to view) . In it, Jeremy Lutz and Susan Jackson cover all the bases and basics you need to know to get started with this powerful system and to start using our "Trade Triangles" and all of the other features that MarketClub has to offer. [Read more...]

I am officially ready for "Silly Season," are you?

On the 10th of December we posted on this blog about the "silly season" and what it means to the markets and to traders. We also put up a poll asking the following question:

How will you be spending this "silly season"?

  • Other - Please tell us in the comments (3%, 21 Votes)
  • Trading like any other day (27%, 212 Votes)
  • Re-evaluating my trading plan and getting ready for Q1 (51%, 395 Votes)
  • Taking a break or vacation (31%, 236 Votes)

I'm happy to say we had over 700 votes and lots of comments. It was gratifying to see that 51% of the folks elected to spend time on the sidelines and enjoy life during this time.

[Read more...]

© Copyright INO.com, Inc. All Rights Reserved.