We have blogged about this before, but this past weekend in gold the 52-week weekend rule worked perfectly.
You would've bought gold on Friday's close in basis spot gold at $1,393 and change. You would've exited this position today at $1,416 and change for a profit of around $23 an ounce.
If you would like to find out more about how you can use this rule in the future, not only on gold but in other markets as well, here's the link.
All the best,
President of INO.com
Co-founder of MarketClub
Adam reiterates one of his most important tips in today’s MarketClub Minute video. You only need to click here to find out what it is and implement it in your own trading strategy if you haven’t already.
Start watching now and leave a comment to tell us how you use this tool.
Adam and The MarketClub Team
Are you ready for a New Year of trading? Don't worry, MarketClub is here to help!
Next week we'll be back to the webinar grind to get everyone prepared for a profitable year of trading with our MarketClub "Tips and Tricks" presented by Jeremy Lutz.
We also have some great webinar topics lined up for January and an exciting new "Market Updates with Adam" series starting in February so check back on the Trader's Blog to find out more!
Click any of the links below to reserve your seat in one (or all!) of our upcoming webinar presentations:
January 8th - "Tips and Tricks" presented by Jeremy Lutz
January 15th - "Open Forum and FAQ" presented by Susan Jackson and Jeremy Lutz
January 22nd - "MarketClub's Forex Trading Strategy" presented by Adam Hewison
January 29th - "MarketClub's Scanning Tools" presented by Jeremy Lutz
We look forward to seeing you in the New Year!
INO.com & MarketClub
This week’s webinar will start the “Getting the Most Out of MarketClub” series. The first part of this series titled, “What Type of Trader Are You?” will help you identify your trading style and also how to use the “Trade Triangle” technology successfully within that style.
To kickoff this webinar series, our presenter will be MarketClub co-creator and INO.com President, Adam Hewison. With Adam’s wealth of knowledge, we couldn’t think of anyone better to get us started.
We hope that you’ll be able to join us on Friday, December 11th at 4 p.m. EST. You can register by clicking here.
You can also register in advance for the 2nd and 3rd parts of this series by clicking the links below:
Part 2 - "Where Do I Start?"
Part 3 - "Tips and Tricks of MarketClub"
If you would like to be notified about future webinars, click here to sign-up.
INO.com & MarketClub
Please welcome Paul Judd to the Trader's Blog stage where he will present to you a very interesting trick...BONDS ARE GOOD! Paul should know as he's dedicated the last 14 years to treasury bonds where he's learned the in's and out's that we should all take a look at! So please read the article below, visit Paul's Blog here, and let the comments fly!
I can take a position in the bond market prior to the release of an economic report. Once the report is released, I can close out my position and take profits. Cash is King!
Not so if you are a long-term investor in stocks.
A popular slogan used by many “salespeople” on Wall Street is to buy and hold for the long term. However, not only is your money tied up for years but also holding for the long term doesn’t necessarily mean you will make a profit.
For instance, if you had invested in the stock market in 1962 and held until 1982, you would have lost money.
The following are comparisons as to why trading bonds can be better than buying stocks:
Continue reading "Cash is King" →