I initially read about Market Club in late 2007 and also have been a happy subscriber from the time. Here is a individual Market Club Review – not merely one coming from someone hopeful of making an affiliate sale, but rather from one who generates money by investments based on the Trade Triangles technology.
I have normally been cynical of “mechanical stock trading systems”. Even though I do believe that the markets could leave footsteps, and they also can leave behind suggestions about the path of the market, there was not a way in which any kind of stock trading system could produce results routinely. I stumbled on Market Club, and resolved to see one of their video tutorials.
One thing which hit me was that the excellent quality of the videos. Market Club didn’t seem like the majority of the other sleek videos I’ve witnessed. What I mean is, so many of those no cost videos are set up by online marketers. They talk about all of the right things, they show everybody the best charts, they show you every thing that you might want to hear. The very first video I looked at gave me the feel it was a buddy who was simply amazed by the results, and needed to talk about them with me personally.
Sure enough, it demonstrated to me a quite simple technique of trading futures. Trade the triangles is the method they use to find out the direction of the market. To begin with, they determine the direction of the market based on the monthly chart. A green arrow provides the thumbs up that the trend is moving higher, while a red arrow notes that the trend will be lower. This shows the place you should go either long or short. Next they switch to a weekly chart. This suggests when to get out, then when to get back in.
Unlike other videos, they demonstrated a trade that didn’t work at first. This on it’s own indicated to me that they are being truthful. Bonuses there.
They demonstrated that they traded Amazon (AMZN). Based upon the monthly chart, they went long at $38.59 in November 2006. Using the weekly to suggest when to sell, a red triangle was noted on December 4/06 at $39.09 for a $.50 gain. They reentered the trade on February 1/2007 at $39.00. A red triangle appeared for the weekly at $37.71 on March 5th, 2007 for a loss of $1.29. What amazed me is the fact that each and every trading and investing video I’ve ever saw, always illustrates only winning trades. MarketClub was not reluctant to show that some trades can lead to loss.
However, that is certainly not the end of the tale. As Adam Hewison carried on in the training video, a buy sign was given on March 29th, 2007 at $39.80 for the weekly chart. The next sell triangle? June 26 at $67.65. A $27.85 profit. Sweet! Given that the monthly had been showing a green triangle, market club was in the trade, racking up the gains.
Seems too straightforward doesn’t it.
I checked out all the training videos they’ve got on the website, most of which often offered fantastic opportunities to find out about the stock market. MarketClub’s Adam Hewison’s reviews regarding gold were bang on what I have already been stating for some time.
So I signed up just to determine if it was legitimate. Is it that easy?.
Since you are undoubtedly predicting, yes, I was pleased, and yes I made money. Lots of it in fact.
The only real disadvantage in their methodology is the fact that you are in trades later than you might like to be (their sell triangle not long ago on Apple had been about $30 from the 52 week high. Naturally, if you were in Apple whenever they said to first buy, you aren’t complaining!). Regardless, how often have you wished that you simply remained in a trade a bit longer rather than shaken out at the first wave of selling pressure? MarketClub will help those individuals, much like me who are tempted to sell at the first push of profit taking, simply to see it push up even higher.
The only real drawback is that the charting platform is java based, and is somewhat resource intensive. It has an automatic Fibonacci tool that’s very useful, and it is easy to move between the weekly and monthly charts.
The most important advantage to this sort of stock trading system is the fact that you don’t have to check out the markets each and every day. No more am I stuck to my pc throughout the day worried about where my shares are trading at.
They offer a 30 day trial at which time, you can cancel your membership, and get a complete refund. I know that in my very first MarketClub trade, I gained a lot more than the price of membership. If you stick to the “Trade the Triangle” technique, I am assured you wont be contacting them requesting your money back.
Do yourself a favor. Check out the stock market videos they provide, such as the ‘Trade Futures In 90 Seconds’, or take advantage of their 10 free trading lessons in order to discover how simple it truly is. 90 seconds can create a substantial difference in your trading results.
