Trader's Blog Contest For November

Posted on by lindsay

Isn't it hard to sit back and let someone else manage your money? If you are going take a loss wouldn't you rather it be your fault opposed to your broker?

Have you had an experience where you were talked into a overpriced mutual fund, paid an over inflated commission fee or been caught in a "churning cycle" where your broker is cashing in commission on pointless trades? What was your worst experience with a money manager or full service broker? I'm sure we have plenty of horror stories, so why not vent, share and win.

So the question is…

“What is your worst broker experience?”

Prize

Winner will receive 6 workshops on trader psychology from our authors in INO TV. These MP3s and digital PDF workbooks will be mailed to you courtesy of INO TV.

Slump Busting Techniques -Linda Raschke
How You Can Be Right When The Crowd Losses – Jake Bernstien
New Samuri Secrets for Trading: Motivation & Focus – Richard McCall
The Wyckoff Method – Using Principals of Mass Psychology – Hank Pruden
Developing the Psychological Edge to Maximize Your Trading – Robin Dayne
The Dynamics of a Trader's Mindset – Mark Douglas

How To Enter:

Comment on this post telling us about your worst broker experience. There are no wrong answers. We just want to you to share your thoughts and stories with our other visitors.

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Rules

1. This contest is open until 11:59 PM on November 30th.

2. No wrong answers, any participation counts as an entry.

3. One entry per email address.

4. Winner will be picked by random integer software.

5. Winner will be contacted on Monday, December 1st via email.

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Good luck!

"Saturday Seminars" - Finding, Averaging & Forecasting Cycles in the Stock and Commodities Markets

Posted on by lindsay

Stan teaches you how to recognize, manage and make profitable use of cyclical movements in the markets. He shows you how cycles work with various formations. During his presentation, Stan integrates cycles with several common tools and technical studies such as the Relative Strength Index and Stochastics. The information derived from cycle studies gives the user an important factor to insert into the formulas in order to make the studies more sensitive and responsive. All stock, futures and cash traders will benefit from Stan’s presentation. His workshop will provide you with a greater understanding of cycles as useful timing tools.

PDF Workbook

Stan EhrlichStan Ehrlich graduated from Southern Illinois University in 1971 and joined Conti Commodities Services in the fall of that year. After trading for a few years, Stan invented the Ehrlich Cycle Finder, a physical, accordion-like device used to find cycle activity in any chart. The oldest mechanical technical analysis tool in the futures industry, the Ehrlich Cycle Finder can be used on all kinds of markets worldwide. Often quoted in publications such as Bond Week, Successful Farming Magazine, Crane Chicago Business Weekly, Futures magazine, and Stocks and Commodities magazine, Stan has also made numerous appearances on television and radio. Several technical analysis texts mention or detail the Ehrlich Cycle Finder. Stan has taught at dozens of investment seminars around the world, including several real-time trading seminars. In the past, Stan has worked with such well-known investment personalities as Jake Bernstein, Robert Prechter, and Robert Saperstein. Stan currently faxes a timely technical analysis market letter to his clients every few days.

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Saturday Seminars are just a taste of the power of INO TV. The web's only online video and audio library for trading education. So watch four videos in our free version of INO TV click here.

INO TV

One Last Day For The October Contest...

Posted on by lindsay

If you haven't entered Trader's Blog contest for October, you only have until the stroke of midnight on Alls Hallow's Eve to enter. It couldn't be any easier... just click the INO TV and Trader's Blog October Contest link that is sitting on the right hand side of your screen. Click the comment link and just answer the question,

"Besides MarketClub's 'Trade Triangles,' what is your favorite technical analysis indicator?"

It just takes a second and there are no wrong answers, just differences of opinions. I will be using an random integer generator to pick a winner who will receive 6 free DVD/Audios from our INO TV trader's library. These 6 discs will cover an array of technical analysis indicators and will be shipped to you with no strings attached.

HAPPY HALLOWEEN & GOOD LUCK!

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To see the rules of the drawing, please see the original post please click the link on the right, or click here.

Getting naked short selling

Posted on by The INO.com Team

The practice of short selling has been blamed for the collapse of several major companies’ shares during the financial crisis. What is short selling? You will learn all you need to know about naked short selling in this video from Senior Editor Paddy Hirsch.

We thought that this was one of the most informative videos on how naked short selling works.

Enjoy,

Adam Hewison

Crude oil looks cheap, doesn't it?

Posted on by The INO.com Team

Crude oil looks cheap, doesn't it?

Just because something looks inexpensive doesn't mean that it's necessarily a buy. It's very possible for crude oil (NYMEX_CL) to rally up into the low 70s, but you have to remember that it would still be in a bear market. We have seen very few counter trend rallies in this market since it began its amazing fall from grace. The liquidation of the hedge funds and speculators from this market pushed crude down so much that OPEC had to have an emergency meeting. During that meeting, they agreed to cut production by a total of 1.5 million barrels a day. I don't believe for a second that they are going to follow through with that plan. I don't think its every going to happen.

OPEC is now between a rock and a hard place, and is being forced to continue pumping oil because of other financial commitments. Most if not all of the OPEC countries have recently put economic programs in place, all of which require further funding. These economic programs are now having to be financed from a lower income stream. I doubt seriously, giving the players in OPEC, that they will live up to their word to cut output levels. They need the money much like a drug addict needs a fix.

I expect certain countries (Venezuela and Russia) to continue pumping as much crude as they can, so that their socioeconomic infrastructure does not come to a screeching halt. As I have said before, trading this market with a technical program and a game plan far exceeds just looking at the fundamentals. The fundamentals always come in late and after the fact. Market action, and market action alone, determines the trend for not only crude oil, but also for all of the other markets.

Remember, when you are trading against the major trend you should always use positions smaller than if you are trading with the major trend. I believe that the conservative play would be to allow crude oil to rally, and then sell the rally when you have a technical signal to do so.

Every success,

Adam Hewison
President, INO.com
Co-creator, MarketClub