Grandma and McDonald's were right and grandma was one heck of a trader!

Did you ever have your mom or grandmother tell you not to put all of your eggs in one basket?

Well it turns out they were right. Grandma, knew a great deal about the power of diversification and how it reduces risk both in business and in trading.

Continue reading "Grandma and McDonald's were right and grandma was one heck of a trader!"

Is Gold Finished? Is Crude Oil the new Gold standard?

Happy New Year traders everywhere! Adam Hewison here, co-founder of MarketClub with our first market update in 2012.

Crude Oil on the move.
Tensions, technicals and Triangles propel crude oil higher!

Gold
Have the Trade Triangles got this one wrong?

3 stocks on the move.... Continue reading "Is Gold Finished? Is Crude Oil the new Gold standard?"

Last trading day of the year ... what do you think?

2011 turned out to be a volatile year for the markets and it looks like they are going to close pretty flat for the year.

We would like to know where you think the S&P500 is going to close at the end of January 2012.

Every Success,

The MarketClub Team

How to Pick Intraday Market Direction – The 80% Rule

If you follow our blog, then you are definitely familiar with trader Larry Levin, President of Trading Advantage LLC. We have gotten such a great response from some of his past posts that he has agreed to share one more of his favorite trading tips as a special treat to our viewers. Determining the direction of the market can be tricky and just plain confusing at times, but Larry’s expert opinion keeps it simple. If you like this article, Larry’s also agreed to give you free access to his Double Stop trading technique.

Let me introduce you to one simple technique I've used to pick intraday market direction with 80% accuracy.

Would you like to know if a particular trade has an 80% probability of working? Would you like to know exactly where to enter that trade, and where to exit? Would you like to trade this technique with a 2 point stop loss or less? Continue reading "How to Pick Intraday Market Direction – The 80% Rule"

Here is what I don't think is going to happen in 2012

It Doesn’t Matter What You Think Going Into 2012!

Let me say that again: It Doesn’t Matter What You Think going into 2012!

Why would I say something like that as we come to the end of 2011?

Well here’s the cruel reality of the marketplace ...

It doesn’t matter who's right and who's wrong with their 2012 predictions. What matters most is Continue reading "Here is what I don't think is going to happen in 2012"