Tesla Motors Inc. Electrifies The Markets Today

Today, I'm going to be updating you on some stocks that I've been discussing for the past several weeks.

These stocks will include Tesla Motors Inc. (NASDAQ:TSLA), that just made a new high today.

Amazon.com Inc. (NASDAQ:AMZN), which is up over 3% today.

First Solar Inc. (NASDAQ:FSLR), which has also been acting well lately.

Apple Inc. (NASDAQ:AAPL), which is holding well and seems poised to move higher.

I'll also be taking an in-depth look into Netflix Inc. (NASDAQ:NLFX) and gold (FOREX:XAUUSDO).

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Traders Paying It Forward

Hi Traders,

For our INO.com Cares campaign, we usually select an organization that is near and dear to our heart. It is rare that we come across an organization or event where we can weave our love of trading together with our desire to help others. That is why we had to tell you about TRADERS FOR TONI.

Toni HansenToni Hansen is a mother, author, trader, teacher, and friend to many people in the trading community. She has personal relationships with those here at INO.com and her call for help has been heard loud and clear!

After blacking out at home, Toni was taken to the ER. After numerous hospital visits, spinal taps, CT scans and MRIs, Toni has been accurately diagnosed with a spinal fluid leak. The doctors were able to treat her and she is currently in the recovery process. Unfortunately, her insurance company has denied a bulk of her claim and her medical bills have become unmanageable.

Her friends in the trading community have decided to setup and host TRADERS FOR TONI. This charity benefit will feature an all-star lineup of traders, each sharing their best trading setup or favorite strategy. Every single penny raised will go to Toni and her family, so these expert traders are doing this out of the kindness of their hearts!

The TRADERS FOR TONI event will be held THIS SATURDAY, August 16th. Access to the all day, online event is only $25. If you cannot make it, you can access a recording of the event.

See the lineup below. Please help us help Toni! INO.com will be making a donation for our September INO Cares Campaign to show our support and we hope our blog visitors will consider attending this great fundraiser!

[table caption= width="800" colwidth="400|400" colalign="left|left"]
Speaker Lineup, , ,
9am - Price Headley: Options,1:30pm - Rob Hoffman: Futures/Stocks/Options ,
9:30am - Pat Barham: Futures,2pm - Mark Helweg: Futures,
10am - Ron Haydt: Stock/Options,2:30pm - Brian Stickney: Forex,
10:30am - Adam Mesh: Stocks,2:30pm - Vince Vora: ETFs,
11am - Aamar Hussein: Futures/Forex, 3:30pm - John Seville: Stocks,
11:30am - Corey Rosenbloom: Futures/ETFs, 4pm - Bob Lang: Options,
12pm - Damon Pavlator: Futures, 4:30pm - Steve Place: Options,
12:30pm - AJ Brown: Options, 5pm - Andrew Keene: Unusual Options Activity,
1pm - Norm Hallett: Discipline
[/table]

Learn more about TRADERS FOR TONI!

Use Stops To Protect Your Capital And Lock In Profits

Stops are definitely important given the volatile conditions of today’s domestic and international economy. They are an enormously important part of a trader’s arsenal of trading tools and some traders confirm that stops are the most important part of their trading armor.

Learn more about using stops here.

Position Yourself for Fall Fireworks

The Gold Report: On June 11, on GoldStockTrades.com you wrote, "Some of my charts are showing a potential reversal in the precious metals." What are those charts telling you in late July?

Jeb Handwerger: In early June it appeared that the junior miners tracked by the Market Vectors Junior Gold Miners ETF (GDXJ), which I use as a proxy for the junior gold miners was making an inverse head-and-shoulders pattern between $34 and $35. Then the junior miners had a very strong rally in June, with an intra-day high of $46. Now we're forming what I believe is a potential crossing of the 50-day and the 200-day moving averages a golden cross. This could signal the final turn from a secular bear market to the beginning of an uptrend.

TGR: Is gold close to a golden cross? Continue reading "Position Yourself for Fall Fireworks"

Setting Up Your Forex Trade For Success With Stops and Limits

When trading in a market that is as fast paced as Forex is, preventing substantial losses is just as important as coming out ahead. You need to have systems in place as a part of each plan that not only will maximize your gains, but will also minimize your losses if your trade does not go as you thought it would.

There are simple strategies you should employ in each trade to make that happen for you. Fixing buy and sell setups will help you to control your risk while increasing your profitability. They work by fixing when you will enter a trade, and when you will exit. Regardless of whether you are gaining or losing.

Why is This Important?

Buy and sell setups take the human element out of the trade. Before you invest your money, you choose the terms that expose you to the least amount risk as possible. Once the trade begins, for better or worse you sit back and let your money ride. Trading in this way helps you to control those decisions you would make based on your emotions, such as pulling out too soon when you have shown some gain, or staying in the trade too long in order to try and reverse a bad trade. Continue reading "Setting Up Your Forex Trade For Success With Stops and Limits"