How we exited our losing postions

During our "On the Line"  real-time trading challenge we exited two losing positions.

Key lesson here is, get rid of your losing trades and let you winners ride.

Our "Trade the Triangle" concept is graphically illustrated and displays what thousands of MarketClub members witnessed on their computers this past week.

I hope this helps.

We elected not to junk up anyones email boxes with sending out stops every day on 5 positions that change once a day. Our stops are clarified on the MarketClub site

Look at both charts and you will quickly see the RED TRIANGLES, the DATES and PRICES we exited these positions.

Don't hesitate to call us if you have questions.

Here is our toll free number:  1-800-CLUB-INFO.

Every success with MarketClub.

This is a candlestick chart of the August Mini Natural Gas contract.

This next candlestick chart shows our Forex trade.

3 thoughts on “How we exited our losing postions

  1. hallo, I just want to know about the software.Does it cover following symbols.these are future (CME) 1.GCQ7 2.SIN7 3.CLN7 4.6CM7 Thanks

    Saleem,

    We cover over 230,000 symbols for the US and Canadian Exchanges. We do have the August 2007 Gold (nymex.gc.q07), the July 2007 Silver (nymex.si.n07), the July 2007 Crude Oil (cl.n07), and the June 2007 Canadian $ (cme.6c.m07.e). Below is a link for a video explaining out method for interpreting futures charts and the triangle signals.

    http://broadcast.ino.com/lessons/tips/futures/?lt

    Enjoy, if you have any questions please feel free to call me at 1-800-538-7424 ext 112.

    ~Lindsay

  2. This is a very nice setup. It teaches me how to trade like the pros. I am thinking a lot about joining MarketClub.

    Keep up the good work.

    Robert Kimera

  3. Although I subscribed to your service a long time ago this was first time I took action only with the stocks and I am happy with the results. JUST TELL ME HOW TO PUT STOPS> I do not watch stocks during day time. Triangle come during market time and after market closes Thanks PAL RACHHPAL KUKREJA

    Dear Pal,

    Below is a sample of  MP3s from the Trade School which I am sure you've seen. These seminars on money management may be a good source for your own studies.  I would suggest using the below resource and further research to come up with your own management and stop style.

    Nelson Freeburg Preview Mechanical Timing Systems: The Key to Consistent Profits and Sharper Trading  Futures Money Management General Stocks 
    Gary Smith Preview Momentum  Indexes Psychology Stocks Money Management 
    Tom Busby Preview S&P 500, The Ultimate Day Trading Vehicle  Money Management Day Trading Indexes 
    Linda Raschke Preview Short Skirt Trading, the Most Bang for the Buck in the Least Amount of Time  Indexes Day Trading Money Management 
    Dean Lundell Preview Sun Tzu and the Art of War for Traders  Indexes Money Management Options Stocks Psychology Futures Day Trading 
    Nelson Freeburg Preview Trading the Pankin Strategy for 30% Annual Gains and Low Risk  Indexes General Futures Stocks Money Management Day Trading Options 

    Thanks,

    Lindsay

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