Is There A Mechanical Trading system That Actually Works?
I initially heard about Market Club back in late ‘07 and have absolutely been a happy customer from the time. Here is a personalized Market Club Review - not just one from an individual hoping to make an affiliate sale, but instead from one who generates money from trading determined by the Trade Triangles trading system.
I’ve normally been distrustful of “mechanical stock trading systems”. While I believe that the equity markets can leave footsteps, and in addition they can leave tips about the direction of the market, there was clearly no way that just about any stock trading system can create results constantly. I noticed Market Club, and resolved to check out one of their video lessons.
One thing which hit me was that the good quality of the videos. They didn’t look like most of the other smooth videos I have seen. What I mean is, so many of the free videos are created by marketing experts. They talk about all the right things, they show every body the right charts, they show you every thing that you might want to listen to. The first video I looked at gave me the feel that it was a good friend who was simply blown away by the results, and needed to talk about all of them with me personally.
Sure enough, it revealed to me a quite simple way of trading stocks and futures. Trade the triangles is a system they choose to figure out the trend of the market. To begin with, they figure out the trend determined by the monthly chart. A green arrow provides the thumbs up that the trend is up, while a red arrow says that the trend is down. This also reveals where you should go either long or short. Next they change to a weekly graph. This indicates when to sell, when to get back in.
In contrast to other videos, they demonstrated a trade that didnt work initially. Which on it’s own suggested to me that they are staying honest. Bonuses there.
MarketClub demonstrated how they traded Amazon (AMZN). Based on the monthly graph, they went long at $38.59 in November 2006. While using the weekly to indicate when to exit, a red triangle was listed on December 4/06 at $39.09 for a $.50 gain. They reentered the trade again on February 1/2007 at $39.00. A red triangle popped up on the weekly at $37.71 on March 5th, 2007 for a loss of $1.29. What surprised me is the fact that each and every trading and investing video I have ever saw, constantly shows only winning trades. MarketClub was not afraid of showing that some trades can lead to losses.
Nonetheless, thats certainly not the end of the tale. When they carried on with the training video, an entry triangle was given on March 29th, 2007 at $39.80 on the weekly chart. The next sell triangle? June 26 at $67.65. A $27.85 profit. Sweet! So long as the monthly was showing a green triangle, they were in the trade, accumulating the wins.
Looks too easy doesn’t it.
Our team checked out very single one video clips they’ve got on their website, most of which in turn presented good opportunities to find out about the stock market. Adam Hewison’s comments regarding gold were bang on what I have already been saying for awhile.
Well, I signed up just to find out if this is true. Is it really that uncomplicated?.
As you are inevitably guessing, yes, I’d been impressed, and yes I made money. Plenty of it actually.
The only disadvantage to their technique is the fact that you’re in trades later than you might want to be (their sell signal not too long ago on Apple had been about $30 from the 52 week high. Obviously, if you were in Apple when they said to first buy, you are not complaining!). In spite of this, how many times have you wished that you simply remained in the trade a little longer and not shaken out at the first wave of selling pressure? MarketClub can help those individuals, much like me who will be silly enough to sell at the first push of profit taking, only to watch it move up even higher.
The only real drawback would be that the charting program is java based, and can be somewhat resource intensive. It comes with an automated Fibonacci tool that’s extremely useful, and its simple to move between the weekly and monthly charts.
The greatest advantage to this type of stock trading system is the fact that you won’t need to watch the markets each and every day. No more am I glued in front of my laptop throughout the day concerned about where my shares are trading at.
They have a 1 month trial run at which time, you are able to end your membership, and get a full refund. I know that in my first MarketClub trade, I made more than the price of membership. When you follow the “Trade the Triangle” system, I am confident you won’t be getting in touch with them asking for a refund.
Do yourself a favor. Watch the stock trading videos they feature, such as the ‘Trade Gold In 90 Seconds’, or take advantage of their 10 free trading lessons just to discover how uncomplicated it is. 90 seconds can create a substantial difference in your investing results.