How To Be A Trader - Part 3

Today’s guest is Markus Heitkoetter, CEO of Rockwell Trading and author of “The Complete Guide to Day Trading.”  Today Markus is going to share with you Part 1 in a series of articles on what he believes it takes to be a trader. We already talked about it in the previous article: Being able to determine the direction of  the market is one of the most important skills of a trader, because it dictates the type you trading strategy you use. In a trending market, you want to use a trend-following strategy. And in a sideways market, you want to use a trend-fading strategy. For more information on this topic please read the previous article "How To Be A Trader - Part 2"

How To Identify The Direction of The Market

Way back in the 90s I used fundamental analysis to try and predict the market. Long story short, it didn't work for me. Continue reading "How To Be A Trader - Part 3"

3 ways to the use the 200 day moving average

Today we welcome Michele Schneider to the Trader's Blog. Michele is going to share with you how she uses the 200 day moving average to trade. Michele "Mish" Schneider is the Director of Trading Education & Research for MarketGauge. She provides in-depth trader training as the market analyst, writer and host of Mish's Market Minute, contributes to several online trading publications a series of trading strategy articles called Taking Stock, and serves as a regular contributor to MarketGauge's free newsletter Market Outlook.

The 200 day moving average may be the granddaddy of moving averages. Simply put, a financial instrument that is trading above it is healthy; below it, anemic. The 200 day moving average measures the sentiment of the market on a longer term basis. This is where major players like pension plans and hedge funds need to look in order to move a large amount of stocks. I display it on all my workspaces proudly, formatted in emerald green and real thick so I can't help but notice. Continue reading "3 ways to the use the 200 day moving average"

This coming week is going to be very interesting

Hello fellow traders everywhere, Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 3/02/12.

This week, we look at nine major Sectors of the markets and highlight the biggest winners and losers for the week. You may find it interesting to track these stocks in a MarketClub created Watch List. Remember, there are always opportunities in the markets and MarketClub can help you spot the big emerging trends before the crowd.

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SECTOR SCORECARD Weekly Winners

CONSUMER GOODS: Carter's Inc (CRI) + 10.85%
SERVICES: Sears Holding Corporation (SHLD) + 11.29%
HEALTHCARE: Perrigo Company (PRGO) + 16.75% Continue reading "This coming week is going to be very interesting"

We roll the dice to see if you can Win with WYNN!

Hello fellow traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 2nd of March.

Gold is not shining right now.

Did our Trade Triangle Technology get it right on gold?

Has Crude Oil Topped out?
We take a look at crude and get a feel for this market's next move.

3 Stocks on the move today: Continue reading "We roll the dice to see if you can Win with WYNN!"

Higher Gas Prices?

The hot topic this week is the possibility of $5.00 gas here in the US. With tensions in the Middle East and inflation on the rise we want to pose this question to our readers.

Would higher gas prices have a negative effect on the economy?

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As always, we would love to hear what you have to say on this topic. Please leave a comment below.

Every Success,

The MarketClub Team