A quick postcard from Maine.

Well the good news is that hurricane Bill missed Maine and the rest of the Eastern seaboard this past weekend. Too close for my liking. Huge surf and lots and lots of rain was the order of the day.

I thought you would like to see a picture of my father-in-law, Retired Admiral Harold Rich. We don't use his formal title up here, but I thought you might notice his hat. You see, Harry loves to wear hats and I thought he would enjoy one of our new MarketClub hats.

It was Harry who came up  with the phrase "To small to succeed " that I recently used in a blog posting. So that's one of the reasons why Harry is modeling his new MarketClub hat, the other is that he looks darn good in one.

Just to keep you all up-to-date, the MarketClub team is working hard on a special project that I believe will greatly benefit all MarketClub members. We will be making an announcement soon.

It is not all fun in the sun up here in Maine, I am actually thinking and working on how we can make MarketClub even better. We have some big improvements coming your way so stay tuned.

All the best,

Adam

P.S. I think there is something in the works next month to include some good looking hats and shirts in a contest. So stay tuned to the blog as I am not privy to all the details on that one.

Saturday Success Story - Raul, Illinois

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 really enjoy MarketClub; it is clear, understandable and lets me make decisions on my trading based on research already done for me. However, I always do more investigation by myself only to make sure.The Talking Charts are great, how can you go wrong? I am not saying that a pick made by a chart will be a big money maker, however, it can prevent a huge loss; and I am talking in general; nothing is written on stones, like we all know.

I really enjoy being a member, and not having to count on those ‘taking heads’ on TV, or subscribe to those fancy, ‘make you rich subscriptions,’ which only make them rich." ~ Raul N., Illinois

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.

Today's video is special ... Google, Gold and Crude Oil.

In many of my previous videos we've looked at charts using Japanese candlestick charts. While this is interesting, I've never quite explained to you some of the powers behind using Japanese candlestick charts.

So here's what we are going to do; watch the video, and I will point out to you some powerful Japanese candlestick formations on Google, Gold and Crude Oil.
MarketClub is making available to you with just a phone call a very special PDF booklet on Japanese candlestick charting. The title of the booklet is "17 Moneymaking Candlestick Formations You Can Use Today".

So enjoy the video and be sure to give us a call to request your complimentary copy of this valuable booklet. I believe it will give you a greater understanding of the markets and how they work. The number to call is 1-800-538-7424 ... if you're calling from overseas, use 410-867-2100.

Thanks,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

What Is Your 'R' Factor and How to Stop Yourself Cutting Winning Trades Short

Dean Whittingham has been a guest blogger here before (see previous posts) and every time he brings great material to our readers and this post is NO DIFFERENT! So please enjoy the article, be sure comment, and also if you have time check out ATradersUniverse.com. ENJOY!

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In trading there is a factor known to many as the ‘R’ factor or risk factor. Traders determine their average or base risk per trade they’re willing to take and name it ‘R’, and then measure profits as a multiple of this ‘R’. For example, a 3R profitable trade means the trader has made 3 times the amount they risked. The idea is to determine the ‘R’ factor early on in the trading system building stage and keep it consistent, whether it is a fixed dollar amount or a percentage of available capital.

The benefits of using an ‘R’ factor include measurability, especially during back testing, which helps to determine a systems potential, and being able to track your trades from a systematic point of view rather than a monetary point of view. However it is the monetary point of view that I would like to address as I feel there could be another angle or point of view that could aid struggling traders, especially those that find themselves cutting winning trades short (breaking their systems rules).

Continue reading "What Is Your 'R' Factor and How to Stop Yourself Cutting Winning Trades Short"