I really believe that my email trading course which I recently put together, can make a big difference to your bottom line in 2009.
As we are coming to the end of the trading year, and it has been quite a year, I want you to receive this trading course with my complements.
There are 10 trading lessons in all and they are all written in plain everyday language that is easy to understand. Most of the 10 educational trading lessons are illustrated with charts to show how you can benefit from the lesson.
Right after the holidays is the time to begin thinking and preparing for the new trading year. The 10 free trading lessons that I am making available to you, will in my opinion, provide you with the tools and the concepts to make some serious trading decisions in 2009.
I have even prepared a short for you to watch that explains why I an doing this.
Just because it looks cheap doesn't mean it can't go lower.
With General Electric (NYSE_GE) trading around 22 1/4 today it looks cheap, but can it go even lower? The answer is yes. The last time General Electric traded at current levels was back in October of 2002. Now add in inflation and General Electric is even lower today than it was 6 years ago!
Despite the fact that Warren Buffet invested 3 billion dollars in GE preferred stock giving him a 10% yield, I see no reason to buy GE. The deal Mr. Buffet received was a deal that every investor would love to have in their portfolio. The bottom line is the trend for General Electric which is on the downside and it shows no signs of turning around at this point in time. I would rather buy General Electric at let's say 30, knowing that it's going higher than trying to pick a "value bottom."
Watching CNBC this morning, Mark Haines who has been around for a long time in the financial world made a statement that the buy and hold strategy is no longer a successful strategy in the stock market. I have long held the belief that the world has changed and you can no longer just buy a stock and hold it forever hoping that in long-run it will go higher. We only have to look back at a recent blog commentary on General Motors (NYSE_GM) to see that this is a flawed strategy. Looking at General Electric today proves once again that we are in a trading world and not an investment world.
I understand many of you will disagree with that statement but the truth is the markets have changed, not just domestically here in the US, but globally. Now, the US has to contend in a competitive way with China, India and Russia. The US is in a much more competitive world, where fortunes will be made and fortunes will be lost.
At MarketClub, our mission is to help you make money in this ever-changing market. We are still waiting to see what the outcome will be from the rescue package, bailout package, save America package, any name you want on it package.
I do not believe that the current global economic slowdown is going to turn around any time soon. I don't expect to see a "V bottom" in the stock market and that "demand destruction" will force a retracement in many markets that were very much in demand just a few months ago.
So here's my advice... the one thing we do know about the markets is that they a reflection of human nature. Having said that we would want to pay attention to our "Trade Triangle" technology. Those of you who are MarketClub members, follow the "Trade Triangles" because they will keep your emotion out of the market and show you which way the market is headed. For those of you who are not MarketClub members, you should be looking at some sort of technical analysis to help you avoid stock meltdowns.
It doesn't matter what markets you trade because there are always opportunities to make money in the trading game. Our mission is to present those opportunities to you in a very easy way to understand.
Every success in what can only be described as an interesting, turbulent and opportunistic time.
Look for more educational Traders Whiteboards in the near future
If you enjoyed this educational series, be sure to check out our next video series titled, "90 Second Trading."In this series we cover trading in stocks, futures, forex, crude oil and gold. For a limited time only we are making this series available free of charge.
RE: How to turn a $99 investment into a lifetime of trading success
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A special note from Adam:
Even though I caught some lucky breaks early in my financial career and went on to become a successful forex trader, I still look back with 20/20 hindsight and realize that I could have been more successful, sooner, if I had been a more educated trader. That's why I'm so excited about what we have to offer at INO TV: proven trading techniques - practical tools for consistent success - step by step trading methods that will empower you to build wealth and create the life you want. And all straight from the lips of the masters themselves. If you do nothing else today, visit INO TV and find out if the service is right for you