Category: General

Attitude can either make or break you as a trader

Posted on by The INO.com Team

One of the most important tools that a trader possesses is his or her mind. Attitude can either make or break you as a trader.

To become a successful trader, it begins with believing in yourself and having a winning attitude. Everyone wants to be a winner, at least they think so. Unfortunately, most are not willing to perform the tasks necessary to become a consistent winner.

Winners generally achieve success by being focused on a goal. Being focused allows winners to remain committed to the tasks at hand. Most winners perform a lot of hard work, including a willingness to deal with sometimes mundane duties. Most of all, winners perform with an “I am responsible for both my failures and successes” attitude.

So, where does the would-be trader start to become a success? By focusing on the tasks at hand. Most of all, treat trading as a business. And, as in any business, money management is critical. Continue reading "Attitude can either make or break you as a trader" →

And the winners are...

Posted on by The INO.com Team

Here are your winners for the caption contest on 10/25/13 and 10/28/13

10/25

Gary - "What, me worry?"
Richard - "You voted for Hope & Change. Now you can just Hope it will Change."
Frank Murphy - "What computer glitch?"

10/28

Virginia Kenyon - "Pow! Right in the shnitzel!"
Ray J. - "No - Rock definitely beats Scissors!"
Kathryn Collignon - "Obama, keine suppe fur sie !"(Obama, no soup for you !)

Congratulations to all that won. Your prizes are the the way to you.

Thank you to all of you that submitted your comments and be on the look out for the next caption contest.

Every Success,
Jeremy

Weekly Futures Recap W/Mike Seery

Posted on by The INO.com Team

We’ve asked Michael Seery of SEERYFUTURES.COM to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.

Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.

Cotton Futures-- The cotton market continues its downward trend finishing lower for the 9th consecutive trading session in New York breaking major support at 78 currently trading at 76.65 trading below its 20 and 100 day moving average hitting a new 10 month low and in my opinion prices are possibly heading down the 70 in the next several weeks. The problem with cotton as with many of the soft commodities as there is very little demand at this time continuing to pressure prices & I recommended selling this market when it broke 82 and this has been successful trade at this point but remember to place your stop above the 10 day high in case the trend changes but I do believe prices are headed substantially lower as harvest is progressing on a daily basis bringing in more and more supply. The chart structure in cotton when prices broke out at 82 was outstanding risking around $1,200 at that time so I hope some people are listening out there and continue to stay short as prices are still expensive in my opinion. TREND: LOWER –CHART STRUCTURE: EXCELLENT Continue reading "Weekly Futures Recap W/Mike Seery" →

Natural Gas Bulls Love This Strange Weather Event

Posted on by admin

By: David Sterman of Street Authority

It started snowing early in Siberia.

According to Rutgers University's Global Snow Lab, there is already more than 10 inches of snow on the ground in the massive tundra north of Moscow. That's the first time 10 inches had already fallen by the end of October since 2002. Roughly 900,000 square miles are covered in snow right now, much higher than the 50-year average of 573,000 square miles. Continue reading "Natural Gas Bulls Love This Strange Weather Event" →

Chart to Watch - Amazon

Posted on by The INO.com Team

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of the Amazon (NASDAQ:AMZN).

I hope you are having a GREAT week !

With the MarketClub system for stocks, you use the monthly Trade Triangle to tell the trend, and the weekly Trade Triangle to time the entry points and stops. Continue reading "Chart to Watch - Amazon" →