Category: General

What's Your Luckiest Trade?

Posted on by The INO.com Team

We've all been there, where we're watching a trade thinking "man I'm totally upside down on this one", when out of the blue it turns around and you pay for the mortguage! That's a lucky trade! Today I've invited Rick Thachuk from WorldLinkFutures.com to open himself up and tell us about the luckiest trade he's ever had.

He wants this to be an open discussion so please tell us about your luckiest trade so we can see just how lucky you were!

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It is often said that it is better to be lucky than be good. Despite years of formal education in Financial Market Economics and business, and despite countless hours of studying charts, news and trade videos, my best trade was one in which I literally had no idea what I was doing. Here's my story....

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Forex markets: Day trading versus End of Day trading

Posted on by The INO.com Team

At MarketClub.com, we cover the Forex markets with real-time streaming data, but trader's blog members often ask which is better: Day Trading or End of Day Trading the Forex markets. To help answer that question and answer ANY other Forex questions you might have is Bill Poulos. Bill's developed an amazing Forex Income Engine 2.0 course (goes live at 10am today), and has decided to give us one more post and clear his schedule to answer any and ALL questions you might have for him! Please comment below with your own thoughts on which is better for Forex trading and your own personal experiences!

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Forex traders often ask: “Is it better to trade the Forex markets on an end of day basis (with daily charts) or a day trading basis (with 5, 10, 30, etc minute charts)?”

There is no right answer to this question, as I believe it depends on your individual circumstances, preferred style of trading, amount of starting capital, and volatility in the markets.

Let’s take these one at a time.

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Forex Trading: Fundamental versus Technical Analysis

Posted on by The INO.com Team

Bill Poulos didn't get the response from everyone that he expected so he asked if he could come back and "really teach people what I know". So this time around he's talking about Fundamental versus Technical Analysis in the Forex markets. I also wanted him to give away some more free stuff so he's agreed to give away the chance to win a free copy of his soon to be released Forex Income Engine 2.0 course, enter here for free!

So please try to win a free copy of his course, and give him a warm welcome with the comments!!

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Forex traders have today a wealth of information from which to evaluate and select potential trades (some would argue too much information). These markets are moved by two primary forces: Fundamental forces (balance of trade data, money supply, interest rates, economic and financial reports, etc.) and Technical forces.

While many traders advocate fundamental analysis-based trading, it should be argued that this style of trading is very difficult especially for people who have little time to trade (less than an hour a day), or who are new to trading Forex.

Fundamental analysis traders tend to be 'always on' -- or, day trading because it requires PRECISE timing to move with the markets. If you can't get to your trading platform the minute a 'surprise' report hits the newswire, you'll be too far behind the action to respond to it.

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Tupperware and ATMs – Gold Goes Mainstream

Posted on by The INO.com Team

Today's guest post is by Jeff Clark, editor for the gold bugs over at BIG GOLD. Leave us a comment and let us know what you think, has gold gone mainstream? Are we finally going to see the huge move in gold we keep hearing about?

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Are we there yet? Are we there yet? We gold bugs are like little kids on a trip to the zoo; we just can’t wait to get there. “There” being the elusive point in time when the gold mania (no, make that Gold Mania) hits and everyone and their cat will want to invest in the yellow metal. Which of course will propel its price to dizzying heights. $1,500… $2,000… $5,000 an ounce – the sky’s the limit. At least that’s how the theory goes.

But it’s not just a theory anymore: in the past year, we’ve been seeing unmistakable signs that gold indeed may be going mainstream.

For example, we have always said that when the Mania phase of this gold bull market really got underway, mobs would break down the doors of pawn shops and coin dealers in order to get their fill of the yellow metal. Continue reading "Tupperware and ATMs – Gold Goes Mainstream" →