Enter Long Position on New Monthly "Trade Triangle" for the DOW and NASDAQ today @ 10,719.94 and 2,341.11 respectively
Saturday Success Story - Ron, Arkansas
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—we promise objective and unbiased recommendations not available from brokers.
Here's great news from a member...
"I have been buying stocks for over 20 years, but now thanks to the technology in MarketClub I am making money TRADING stocks. There is a whole world of awareness that is available to even the beginner that can help you make educated trades like a pro. If I would have had this advantage 20 years ago, I would be trading on an island, now I am well on my way. Thanks to MarketClub for bringing me to the inside." ~ Ron L., Arkansas
To send your own success story, please email
bl**@in*.com
. We wish all of our members the best and we look forward to hearing your success story.
S&P 500 Alert!
Enter Long position on a New Monthly Trade Triangle for the CME_INX @ 1,131.23
Diversification Doesn’t Work Anymore
AND HERE’S WHY
Investors have been told for years that diversification lowers risk. While that may be true in certain instances, it certainly isn't true in the world equity markets.
Let me give you an example: Had you purchased the five ETF's that we track in MarketClub's "Global Strategy Portfolio" on January 2, 2008, you would have seen your equity diminish 29% in the space of 30 months. However, had you followed the "Global Strategy Portfolio" with the same five ETF's, you would have seen your equity grow 23% in the same time-frame. With a 52% difference between the potential for profit and the potential loss, those are numbers that no investor can ignore.
Short Term Trading With Bollinger Bands
Today's guest is Markus Heitkoetter, CEO of Rockwell Trading and author of “The Complete Guide to Day Trading.” Today Markus is going to show you how to use one of our favorite indicators, Bollinger Bands, in short term trading. Be sure to comment with your thoughts on Bollinger bands and some techniques that you use in short term trading.
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Bollinger Bands are a great indicator with many advantages, but unfortunately many traders don't know how to use this amazing indicator. Before I show you how I use it, let's quickly review what exactly Bollinger Bands are.
Bollinger Bands consist of three components:
- A simple moving average
- TWO standard deviations of this moving average (known as the Upper and Lower Bollinger Band).
If you look at the following images you see the Moving Average displayed as a solid blue line and the Upper and Lower Bollinger Bands as dotted blue lines. (In MarketClub the lines are red.)
So what are the characteristics of Bollinger Bands?
