Tips and trick from traders on how to become a better trader.
Trading Secret #6 is an important one as I believe it's a secret that most traders - expert and self directed - both fail to properly understand. Watch the lesson and hopefully I can count you as someone who DOES understand this important secret!
Enjoy this Trading Secret. Your final Trading Secret will be published on October 23rd at 9 a.m. EST.
Adam Hewison
President, INO.com
Co-creator, MarketClub
7 Secrets to Successful Trading
At MarketClub our mission is to help you become a better trader. Our passion is creating superior trading tools to help you achieve your goals -- no matter which way the markets move -- with objective and unbiased recommendations not available from brokers.
The Trader's Toolbox posts are just another free resource from MarketClub.
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"As bull markets roar to a top, it is relatively easy to see the emotional or psychological signs of an impending top. Virtually every source of news will provide coverage of the seemingly endless climb towards higher levels. Greed infests the public as the inexperienced flock to get a piece of the action. Finally, when it is “impossible” for a market to decline and everyone who wants to buy is in, the top will be struck. Buyers become sellers and a downmove ensues.
To an extent, the same sort of pattern unfolds at major bottoms. However, since the events surrounding the decline are not as exciting or newsworthy as those in a bull market, the signs are harder to see. Instead of greed permeating the atmosphere, fear becomes the emotion of significance. As the news becomes per- ceived as increasingly bearish, traders who had been bullish give up. The emotional stress of margin calls and “bad” news finally forces long liquidation..."
Revisit the Trader's Toolbox Post: "Psychology Of A Bottom" here.
Here's Trading Secret #5 ...
Enjoy this Trading Secret. Your sixth Trading Secret will be published here on October 20th at 2 p.m. EST.
Adam Hewison
President, INO.com
Co-creator, MarketClub
7 Secrets to Successful Trading
There is a saying which has been attributed to a fictional Chinese storyteller named Kai Lung and it goes like this, "May you live in interesting times".
Well my friends, we do live in interesting times, very interesting times. With China holding the largest share of US debt, inflation just around the corner, and no light at the end of the tunnel for the unemployed - these are interesting times.
So what's going to be the best plan of action for your money in the next three years? Is the value of your portfolio going to be cut in half, or is it going to double? I have my game plan in place, do you have yours?
I've given a lot of thought as to what's going to happen in the next three years. Specifically, what I am going to do with my own portfolio and my own money. I have scoped out several markets that I think are going to offer excellent opportunities, no matter what happens to the economy. Yes, you heard me right. No matter what happens to the economy, I believe that this "Perfect Portfolio" will work for you in the next 36 months whether you have 10,000 or 10,000,000 million dollars.
We back tested The Perfect Portfolio using our "Trade Triangle" technology for 42 months through some of the toughest, most difficult markets the world has ever seen. I think you will be pleasantly surprised at the results.
All the best,
Adam Hewison
President of INO.com
Co-creator of MarketClub.com
Dear Blog Reader,
Welcome to your personal fast track to better trading. In this series I hope to open your eyes to new techniques, methods, and ideas while helping to reinforce the core values that make a successful trader. Let's get started!
Enjoy your first Secret and be ready for your second Secret tomorrow on this blog at 9 a.m.!
Adam Hewison
President, INO.com
Co-creator, MarketClub
7 Secrets to Successful Trading
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