Struggling with Decisiveness

From time to time, we here at the Traders Blog will feature a person or product that stands out in the trading world. Today that trader is Chris Irvin of the Wizard.com. Chris will be sharing part of his "Go Moment" trading strategy. Be sure to comment below with your thoughts and questions.

Hello traders, I am Chris Irvin, Senior Instructor at The Wizard. For the past eight years I have been doing what I love to do - communicating the intricacies of the financial markets to those who desire to improve their trading skills. I was never a broker, although I previously spent time with a trust company as well as being a registered representative, so all of my market insights have come from my personal experiences as an active trader for over a decade. My goal is to break down difficult concepts and communicate them in an understandable and possibly humorous fashion. I have traveled across the United States, Australia and Canada to help thousands of people become more successful traders.  Hopefully, this blog will help you!

Many traders struggle with being decisive.  You know, pulling the trigger.  Why? Mostly because they are never sure about why they are doing what they are doing. The more a trader gets hooked by the “Trading Bug” the more information they feel like they need to consume.  Information overload can cause many traders to become paralyzed with uncertainty.  When it comes right down to it, a trader only needs to know two things – when to get in, and when to get out. Continue reading "Struggling with Decisiveness"

We are off to a good start in 2012. How are you doing?

Hello fellow traders everywhere, Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 1/20/12.
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But first ...

* Market perception changes
* Traders forget about Sovereign debt for now
* Housing starts improve
* 20 out of 30 DOW stocks are bullish

Always remember …
DON'T FIGHT THE MARKET … MOVE WITH THE MARKET

Now,let's go to the Continue reading "We are off to a good start in 2012. How are you doing?"

Define Value and Determine Momentum

Today we've asked our friend John Seguin to discuss his groundbreaking trading strategy. John has been member of the Chicago Board of Trade (CBOT) since 1986 and is a seasoned veteran of the trading floor. Working as a broker and analyst for dealer firms such as, DCNY, Greenwich Capital, Sanwa Bank and FIMAT. During his tenure in the trading pits, John began working on an enhanced trading system to address the key components needed to enter high probability trades with defined risk. When industry migration from floor to screen began to unfold, he also took the challenge of producing sound and timely trading strategies for off-the-floor traders to task seeking alternative methods to fill the void of real time information floor traders were able to collect from watching order flow in the trading pits. John has agreed to give our Trader's Blog readers free access to the macrograph charts for two weeks. Continue reading "Define Value and Determine Momentum"

Are you fighting the market, or moving with the market?

How to become a MarketClub STAR!

Hello fellow traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 20th of January.

Has the Euro bottomed out?
We look at what our Trade Triangles are now saying about the Euro.

We put these three stocks under the microscope today:
GOOGLE (GOOG), MICROSOFT (MSFT), and Continue reading "Are you fighting the market, or moving with the market?"

Google, Microsoft, Intel, and IBM all reported earnings. How did you do?

Google, Microsoft, Intel, and IBM all reported earnings after the bell...

Here were our positions going into the earnings reports based on MarketClub's Trade Triangle technology:

Google (GOOG) = SIDELINES
Microsoft (MSFT) = LONG
Intel (INTC) = LONG
IBM (IBM) = SIDELINES

Using our recommended approach of Continue reading "Google, Microsoft, Intel, and IBM all reported earnings. How did you do?"