Category: General

Reminder: Intro to MarketClub Webinar

Posted on by The INO.com Team

Don't forget to join MarketClub experts Susan Jackson & Jeremy Lutz  help you understand the basics of MarketClub such as: navigating the charts, “Trade Triangle” strategies, email alerts, and scanning capabilities today at 4pm EDT (8pm GMT).

Whether you're on a trial, already a member, or interested in learning more about our premium advisory service and our "Trade Triangle" buy and sell signals, we encourage you to join and sign-up today.

Click here to register for today's Intro to MarketClub Webinar at 4pm EDT / 8pm GMT

We look forward to seeing you there,

The MarketClub Team

10 Steps to Becoming a Trader

Posted on by The INO.com Team

Today's guest is Mark Hodge of Rockwell Trading. The very basics of trading are often overlooked by new traders and I think we all can agree that you need a solid foundation to prosper in today's markets. Mark decided to write a post on what, in his experience, makes a successful trader. Be sure to comment and feel free to share your success (and horror) stories of becoming a trader. Also, don't forget to visit Mark at Rockwell Trading.

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With the way the markets have been behaving these days, it’s no surprise that more and more people are interested in trading. If you’re new to trading, you’re probably attracted to the potential to make money, but you’ve heard horror stories about traders that have lost money in the markets as well. If you’ve been trading for awhile, you probably have a horror story or two of your own. These stories and experiences are important to share, but it’s unfortunate when many of these horror stories could have been avoided by understanding what it takes to become a trader, and by having direction early on.

The following “10 Steps to Becoming a Trader” provide a structured and systematic approach to becoming the trader you want to be. By following these “10 steps” you will be in the best position possible to achieve your goals as a trader:

Step 1 – Determine the type of trader that you want to be.

Sounds simple enough, but if you don’t address this key step it will be difficult to progress as a trader. What markets and time-frame will you trade? You’ll discover that your situation and goals will have a direct impact on the type of trader you decide to be. So ask yourself, what type of trader will you be? Continue reading "10 Steps to Becoming a Trader" →

We Interview Martin Pring

Posted on by The INO.com Team

In this interview with longtime market analyst and author, Martin Pring, he explains what it takes to compete with trading professionals - technical analysis. We hope you'll take a few, brief minutes to watch as he explains various technical indicators and the importance of momentum in trading.

After you watch Martin's interview, be sure to sign-up for Adam's complimentary e-mail trading course which covers many of the technical indicators mentioned in the video. Click here to sign-up.

Enjoy!

The MarketClub Team

Penny Stock Investing

Posted on by The INO.com Team

Steve Zelin from Zantrio has provided some great guidelines for trading penny stocks and finding the right broker for you without putting your investment at risk. The goal at Zantrio Trading is to bring the world wide group of financially oriented individuals together, to share their valuable financial ideologies. We hope you will enjoy his article and comment below.

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With the massive undertaking of the cleanup for the BP Gulf Oil Spill heating up, investors are looking intensely, although with extreme caution, into penny stocks that provide specialized services to clean up chemicals, such as oil. Savvy investors as well as small, even first time investors seem to be willing to fork over a small amount of disposable cash, to take a chance at that potential, big shot with these penny stocks. With so many websites on the Internet that provide penny stock tips, investors should give serious consideration before utilizing these frequently ruthless, pump and dump schemes however, we are not implying that all of these sites provide bogus or misleading information. Before taking any recommendation from these penny stock tip websites, investors should investigate as to whether the website is being reimbursed for promoting any particular penny stock. Frequently, potential investors will find that these websites are in fact being compensated for promoting a particular penny stock thus; investors should do their own extensive research prior to risking any amount of money on even the most appealing, penny stock tip. Continue reading "Penny Stock Investing" →

Price Action Analysis and Day Trading

Posted on by The INO.com Team

Todd Mitchell of Trading Concepts is truly dedicated to trading and educating fellow traders. This is immediately apparent if you have ever spoken with him or read one of his articles.

Todd has been trading full-time since he graduated from college in 1990 and since 1994 has been sharing his powerful and successful trading strategies with traders of all levels. Today Todd is going to cover price action and its importance in trading systems and how it relates to day trading. We would love for you to leave a comment here for him here, but you can also visit Todd at TradingConceptsInc.com.

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Modern day trading systems use multidisciplinary approaches to determine appropriate trading setups and to gain an overall understanding of the mood of a given days trading session. At the heart of many trading systems is price action analysis, which is interpreted in a variety of styles and approaches that best suit the particular traders methodology. Price action analysis has always been an important facet in understanding intraday trading and short-term trading trends. In some trading systems it is the primary component in determining trade selection, and in others it plays a secondary or filtering role in determining trade selection. To be sure, there are well-known trading systems that utilize only price action analysis and eschew oscillators, indicators and all the other modern day mathematically based trading tools. Continue reading "Price Action Analysis and Day Trading" →