Category: General

Reverse Your Thinking and You'll See Markets More Clearly

Posted on by The INO.com Team

Geoff Bysshe has been using volume analysis to find the best trading opportunities for 20 years. His experience as a floor trader, hedge fund manager, independent equity trader, and co-founder of MarketGauge, has taught him to make volume a focus in his trading.

I asked Geoff to put together a video presentation for us touching on what he calls “Volume Shortcuts” in which he demonstrates a whole new perspective on finding and defining trading opportunities. He explains…

Most traders look for price patterns to define trading opportunities. More experienced traders will add volume analysis to their patterns to enhance the quality of the trade set-up.

This process generally involves finding price action that meets certain criteria and then looking for the volume to “confirm” the price pattern. This is a time tested method of trading, but…

It is incredibly powerful to do the reverse – let volume patterns define your trading opportunities.

Watch this video to see what he means. It's 100% free and packs a TON of info into 13 minutes.

Enjoy the video and please comment below with your thoughts or opinions.

A quick postcard from Maine.

Posted on by The INO.com Team

Well the good news is that hurricane Bill missed Maine and the rest of the Eastern seaboard this past weekend. Too close for my liking. Huge surf and lots and lots of rain was the order of the day.

I thought you would like to see a picture of my father-in-law, Retired Admiral Harold Rich. We don't use his formal title up here, but I thought you might notice his hat. You see, Harry loves to wear hats and I thought he would enjoy one of our new MarketClub hats.

It was Harry who came up  with the phrase "To small to succeed " that I recently used in a blog posting. So that's one of the reasons why Harry is modeling his new MarketClub hat, the other is that he looks darn good in one.

Just to keep you all up-to-date, the MarketClub team is working hard on a special project that I believe will greatly benefit all MarketClub members. We will be making an announcement soon.

It is not all fun in the sun up here in Maine, I am actually thinking and working on how we can make MarketClub even better. We have some big improvements coming your way so stay tuned.

All the best,

Adam

P.S. I think there is something in the works next month to include some good looking hats and shirts in a contest. So stay tuned to the blog as I am not privy to all the details on that one.

What Is Your 'R' Factor and How to Stop Yourself Cutting Winning Trades Short

Posted on by The INO.com Team

Dean Whittingham has been a guest blogger here before (see previous posts) and every time he brings great material to our readers and this post is NO DIFFERENT! So please enjoy the article, be sure comment, and also if you have time check out ATradersUniverse.com. ENJOY!

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In trading there is a factor known to many as the ‘R’ factor or risk factor. Traders determine their average or base risk per trade they’re willing to take and name it ‘R’, and then measure profits as a multiple of this ‘R’. For example, a 3R profitable trade means the trader has made 3 times the amount they risked. The idea is to determine the ‘R’ factor early on in the trading system building stage and keep it consistent, whether it is a fixed dollar amount or a percentage of available capital.

The benefits of using an ‘R’ factor include measurability, especially during back testing, which helps to determine a systems potential, and being able to track your trades from a systematic point of view rather than a monetary point of view. However it is the monetary point of view that I would like to address as I feel there could be another angle or point of view that could aid struggling traders, especially those that find themselves cutting winning trades short (breaking their systems rules).

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More than Major Pairs

Posted on by The INO.com Team

Shane got such a positive response to his first guest blog post (below) that I wanted to keep his momentum going and give him space to give you a little peak into his world of Forex trading. Many of you have checked out his “Evil Genius Cheats” newsletter, but if you haven't I recommend you do so before he won't let any more free people in. Please enjoy the article, check out his “Evil Genius Cheats” newsletter, and let the comments FLY!!

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Ask any trader what currencies they trade and 99% of them will mention the major pairs.  The EURUSD, GBPUSD, USDJPY and a handful of others.  These are very active, very liquid and perhaps out of habit, the most widely traded.

What about the “exotic” pairs?  The Danish Krone (USDDKK), Singapore Dollar (USDSGD) and a host of other pairs, give ample opportunity for the professional trader to make money.  Right away, the main argument will be about the spread to trade exotics.  True, the spread is much higher than EURUSD but look at the pip cost below while trading 100k.  It is not the standard $10/pip/$100k.

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