Trader's Whiteboard: Lesson 6

How many times have you turned on your television or computer to see that Corporation XYZ is expected to make huge profits, but when you look at the chart it is telling you otherwise?

Who is right? How do you determine what to look at when you are preparing to enter a trade? Adam has put together this Trader’s Whiteboard video to explain the differences in information and to help you wade through the “noise”.

Click here to watch Lesson 6 in the series and tell us what you think about fundamentals, technicals, and market perception in the comments section.

Enjoy!

The MarketClub Team

Gold Alert!

Weekly trend reversal!

Short-term traders enter a short position on a RED Weekly “Trade Triangle” @ $1,362.50 today

Intermediate traders exit Long positions on this Red Weekly “Trade Triangle” taking a profit of $151.98 per oz

Long-term traders hold long positions

If you are not yet a member of MarketClub see what you are missing in 2011 with a  30 Day Risk Free trial and receive 3 valuable bonuses just for giving us a try.

Learn how this one little known technical indicator has been nailing the price swings in gold.

Learn how this one little known technical indicator has been nailing the price swings in gold.

Happy New Year everyone!

This is my first video for 2011 and I think it's an important one to kick off the New Year.

As you well know, gold took one of its biggest drops in quite some time on the 4th of January and so far it has failed to appreciably recover.

So what's ahead for this most precious metal? Continue reading "Learn how this one little known technical indicator has been nailing the price swings in gold."

Poll: I give you $50 billion, you buy a stake in...?

Fellow Traders,

I recently came across an article on the CNN website via Fortune magazine entitled, "5 Reasons Why I'm Not Buying Facebook," and it made me start wondering, 'if I had the money to invest in this or perhaps own a chunk of some of the other big names out there, which would I choose?'

Now I want to know what YOU would choose so vote below, but make sure you check back as I will be posting what I would do and why soon, right here on the Trader's Blog.

What would you do if you had $50 billion to buy a company with?

View Results

Loading ... Loading ...

Happy Trading,
Adam

What is this confidence thing all about?

I was recently talking to James Mound, Founder of Futures Press Inc. We started talking about current market conditions and why he thought a majority of the "predictions" he was hearing were pretty far off base. I must admit he had some good points and I asked if he would do a guest post to address some of the issues. Take a look and be sure to comment with your thoughts. If you like what you see be sure to visit James here.

------------------------------------------------------------------------------------------------------------------

I apologize in advance if this particular report offends any analysts or traders as it is not my intention. I am here to tell it like it is, and right now many of the pundits have it DEAD WRONG about the future of the stock market, the dollar, bonds and commodity prices.

The world’s financial industries – currencies, interest rates, stocks, real estate and commodities – are all being driven by one critical issue.  That issue is confidence.  If you can predict the future track of investor confidence you might be able to forecast these critical industries and that is what I am going to do right now. Continue reading "What is this confidence thing all about?"