Author: lindsay

Saturday Success Story - Jerry, Montana

Posted on by lindsay

At MarketClub, our mission is to help you become a better trader. Our passion is creating superior trading tools to help you achieve your goals—no matter which way the markets move—we promise objective and unbiased recommendations not available from brokers.

Here's great news from a member...

"Just like to let you know I really appreciate the new charts. The old ones were good, but the new ones are great. There are so many new, easy to use, features. The Talking Chart technology is also very interesting and helpful. Of course some of the old things have been improved, like the trendlines, and the fibonacci retracements. I also like the monthly, weekly, and daily triangle positions being on each chart along with the + or - score. Thanks for the great updated system" ~ Jerry S., Montana

To send your own success story, please email

bl**@in*.com











. We wish all of our members the best and we look forward to hearing your success story.

Galleon Paid Millions For Inside Information - Financial News

Posted on by lindsay

Galleon hedge fund’s owner Raj Rajaratnam was charged with insider trading. It paid around $250 million to its banks this decade. Morgan Stanley (NYSE: MS) and Goldman Sachs (NYSE: GS) were Galleon’s foremost hedge-fund service providers.

Galleon’s short term trading strategies had it pay huge amounts to banks. Its employees also had to remain in close contact with salespersons and traders at Wall Street. Large buy and sell orders, important market developments and discussions on “one page sellers” of shares became common place with its officials, all such information sharing prohibited by the bank policies.

As a Goldman Sachs executive rightly puts it, “They cared about short-term returns and cared a lot about the impact of their trading and the costs. They expected a lot of market information.” But a leak of corporate information seems to be more of a reason for prosecution than is market information sharing. The case may change the face of high-velocity hedge fund trading for a while, say many a hedge fund owners.

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Article Courtesy of Bezina.com. To view the original article please use the link below:
http://www.benzinga.com/markets/company-news/32323/galleon’s-scandal-may-send-a-chilling-effect-on-market-“color”

Traders Toolbox: Bottoming Behavior - Revisited…

Posted on by lindsay

Trader's Toolbox

At MarketClub our mission is to help you become a better trader. Our passion is creating superior trading tools to help you achieve your goals -- no matter which way the markets move -- with objective and unbiased recommendations not available from brokers.

The Trader's Toolbox posts are just another free resource from MarketClub.

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Bottoming Behavior

"Markets which have been in a persistent downtrend often exhibit a common pattern as the end of the decline is approached. The pattern is to post a sharp rally followed by one final decline to new lows.

Sharp rallies formed recently in both pork bellies and gold. Following the rallies, both markets plummeted to new lows. However, once new lows were made, the declines stalled. The failure to sustain the break on the move to new lows indicated the selling was effectively exhausted and potential bottoms had formed. A similar pattern marked the low in soybeans prior to the 1983 bull market..."

Revisit the Trader's Toolbox Post: "Bottoming Behavior" here.

Saturday Success Story - Milt, Virginia

Posted on by lindsay

At MarketClub, our mission is to help you become a better trader. Our passion is creating superior trading tools to help you achieve your goals—no matter which way the markets move—we promise objective and unbiased recommendations not available from brokers.

Here's great news from a member...

"When I started using the MarketClub, I checked out your signals versus the signals I generated for a few weeks. I used mine to verify yours… now I use yours to verify mine and the profits have been astounding." ~ Milt F., Virginia

To send your own success story, please email

bl**@in*.com











. We wish all of our members the best and we look forward to hearing your success story.

10 Secrets To Success

Posted on by lindsay

Most days when I get into the office, I take 5-10 minutes to peruse some financial publications. It's not that I'm looking for stories so that I can trade the news, but instead I'm keeping an eye on anything that stands out as a good read.

Today when I was looking through Investor’s Business Daily, I came across "IBD's 10 Secrets to Success." These 10 secrets could be applied to your success as a trader, but more importantly they could be applied to ensure success in your personal life. I thought I would share these 10 tips with you as they made me stop and think about my own life.

1) How You Think Is Everything - Always be positive. Think success, not failure. Beware of a negative environment.

2) Decide Upon Your True Dreams & Goals - Write down your specific goals and develop a plan to reach them.

3) Take Action - Goals are nothing without action. Don't be afraid to get started. Just do it.

4) Never Stop Learning - Go back to school or read books. Get training and acquire skills.

5) Be Persistent & Work Hard - Success is a marathon, not a sprint. Never give up.

6) Learn To Analyze Details - Get all the facts, all the input. Learn from your mistakes.

Continue reading "10 Secrets To Success" →