Trader's Whiteboard: Lesson 5

If you’ve made it this far through the series, you’ve learned the basics: reading charts, spotting trends, implementing stops, but what now?

Today Adam shows you what you need to do to tie all of this information together. Becoming a more effective, organized, and successful trader is just one short video away.

Click here to watch Lesson 5 in the Trader's Whiteboard series and take the next step in order to trade like the pros.

Enjoy!

The MarketClub Team

Adam's 5 Big Market Predictions for 2011

It's that time of year again when everyone who is considered an "expert" comes out of their ivory towers and makes their annual market predictions for the New Year.

It's time to kiss those predictions goodbye.

I can honestly say that I wish I had a crystal ball like these other forecasters, but that's not quite how the markets work. You see, markets don't give a "Rats A**" about what forecasters say or what predictions economists make. The market is the only true voice out there.

Think about that for a moment. How many predictions do you remember that were even close to being spot on a year in advance? I remember several forecasts for 2010 and most of them were far from accurate.

Does it make any sense to trade on a year-end forecast, not knowing what can happen in this crazy world we live in? It doesn't make any sense to me or to other professional traders who never trade based on year-end predictions.

So let's get back to reality and take a look back on 2010 to see what the big trends are showing for 2011.

Continue reading "Adam's 5 Big Market Predictions for 2011"

Merry Christmas and every success in 2011

It's that time of the year again. No, I don't mean Christmas; I mean it's a time when our staff likes to put on a little show for all of our members and readers.

It seems that this year we received an early snowfall in Maryland which got the staff to thinking, 'hey, let's have a snowball fight!'

Personalize funny videos and birthday eCards at JibJab!


So here are Jeremy, Bob, Rachel, Susan and Melissa having lots of fun and laughs in the snow.

While they were having fun, the rest of the team was working hard on some big improvements that are coming to MarketClub.

Enjoy the video, enjoy the season, and Merry Christmas and every success in 2011.

The MarketClub Team

Gold ALERT

Short-term traders exit long position on a RED Daily “Trade Triangle” @ $1,375.85 today and remain neutral for now. This short-term trade produced a Loss of $10.17 an ounce.

Intermediate and long-term traders hold long positions.

If you are not yet a member of MarketClub see what you are missing with our 30 Day Risk Free trial and receive 3 valuable bonuses just for giving us a try.