Stock Market Basics > Market Club Review

MarketClub Review

I've always been skeptical of "stock trading systems". While I believe that the markets can leave footsteps, and they can leave tips on the direction of the market, there was no way that any stock trading system could generate results consistently. I came across Market Club, and decided to check out one of their videos.

The first thing that struck me was that the quality of the videos. They didnt look like many of the other smooth videos I have seen. What I mean is, so many of these free videos are created by marketers. They talk about all the right things, they show you all the right charts, they show you everything that you want to hear. The first video I watched gave me the feel that it was a friend who was blown away by the results, and wanted to share them with me.

Stock Market Videos

» Trade Oil In 90 Seconds

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» Developing A Premium Portfolio Part 1

» Developing A Premium Portfolio Part 2

» Developing A Premium Portfolio Part 3

Sure enough, the video showed me a really easy method of buying and selling stocks. Trade the triangles is the methodology they use to determine the trend of the market. First, they determine the trend based on the monthly chart. A green arrow gives the thumbs up that the trend is up, while a red arrow notes that the trend is down. This also indicates where you should jump in either long or short. Then they switch to a weekly chart. This indicates when to get out, and when to get back in.

Unlike other videos, they actually showed a trade that didnt work out initially. That alone suggested to me that they are being honest. Bonus points there.

They showed how they traded Amazon (AMZN). Based on the monthly chart, they went long at $38.59 in November 2006. Using the weekly to indicate when to get out, a red triangle was noted on December 4/06 at $39.09 for a $0.50 gain. They reentered the trade on February 1/2007 at $39.00. A red triangle appeared on the weekly at $37.71 on March 5th, 2007 for a loss of $1.29. What surprised me is that every stock trading video I have ever watched, always shows winning trades. MarketClub was not afraid to show that some trades will result in losses.

However, on March 29, 2007, that was all about to change. A buy signal was given at $39.80 on the weekly chart. The next sell triangle? June 26 at $67.65. A $27.85 profit. Huge! As long as the monthly was showing a green triangle, they were in the trade, racking up the wins.

Seems too simple doesn't it.

I checked out every one of the videos they have on their site, many of which provided great opportunities to learn about the markets. Adam Hewison's comments about oil were bang on what I have been saying for awhile.

So I signed up just to see if this was true. Is it that simple.

As you are no doubt predicting, yes, I was impressed, and yes I made money. Lots of it actually.

The only downside to their methodology is that you're in trades later than you might want to be (their sell signal recently on AAPL was about $30 from the 52 week high. Of course, if you were in AAPL when they said to first buy, you're not complaining!). That said, how many times have you wished that you stayed in a trade a little longer and not shaken out at the first wave of selling pressure? MarketClub helps those like me who are tempted to sell at the first push of profit taking, only to watch it push up even higher.

The only downside is that the charting platform is java based, and is rather resource intensive. There is an automatic Fibonacci tool which is very handy, and its easy to move between the weekly and monthly charts.

The biggest benefit to this type of trading system is that you don't have to watch the markets on a daily basis. I no longer am glued to my computer throughout the day worried about where my stocks are trading at.

They offer a 30 day trial at which time, you can cancel your membership, and get a full refund. I know that in my first MarketClub trade, I made more than the cost of membership. If you follow the "Trade the Triangle" system, I'm confident you wont be contacting them asking for a refund.

Do yourself a favor. Watch the stock market videos they offer, including the Trade Stocks In 90 Seconds, just to see how easy it is. 90 second can make a huge difference in your trading results.