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Posts Tagged ‘What This Means’

My Review of Penny Stock Prophet

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Penny Stock Prophet is a penny stock picker designed to uncover soon to be profitable penny stocks and notify you so can invest accordingly. I’ve heard mixed reviews about the system itself, with some calling it a money making robot and otherx labeling it a scam. When I heard of the 60-day money back policy, I decided to try it for myself first hand. This is my review of Penny Stock Prophet.

Something I want to say up front is how Penny Stock Prophet finds the winning trades that you are supposed to earn money on. This program uses the full extent of the market for the generation of his picks. What this means is that it takes into account the past every time it analyzes real-time market data.

This makes sense, and is the same method which the large trading houses use to predict market activity, as well, as the market moves and develops in patterns that repeat themselves every few years. Taking into account the past, you can recognize similarities between past and present in real-time market data and go from there.

As I mentioned above, it focuses only on penny stocks which works out to a big advantage. Penny stocks are the cheapest investment in the market could be found, and consequently they are much more susceptible to external influences.

As such, it is common to see one of these stocks fluctuate in value quickly in a short period of time. So, if you are able to separate the stocks which are set to jump from the rest, hence using a program to identify this like Penny Stock Prophet, you can effectively double or triple your investments in a short period of time without the time to put towards analytical work yourself.

I have made money on each one of this program’s recommendations, since I have began using it more than two months ago. Penny Stock Prophet, to put it simply, has given me the best return rate of stock pickers on the market which I’ve used today.

In summation, I highly recommend this program to anyone looking to realize their financial independence in the stock exchange but doesn’t have time or experience to actually put to it, a great choice for casual traders.

- About the Author: <!– @page { margin: 0.79in } P { margin-bottom: 0.08in } A:link { so-language: zxx } –> I’ve created a site devoted entirely to stock picker programs and offering reviews on the best which I have tested and continue to use myself day in and day out which you can visit by clicking this link for stock picker programs. Article Source

ETF recorded webinar is now up, only 8 of the $1,997 bonuses are left

Maybe you haven’t listened to the recording yet?

Click here to get access to it:

=>> ETF Trend Trading Website

Here’s the cheat sheet of what’s covered in the webinar:

- Two simple tricks that instantly remove 95% of your emotions in trading. Since we know fear and greed are the number one killers of traders, this info could improve your trading now.

- A little known position sizing trick that can double your returns, regardless of what market or system you trade.

- Why money managers who only risk 1-2% per trade still make great returns.

- How some hedge funds hunt stops and a simple trick to avoid being trapped.

- Why trading is not a “zero sum game” and what this means for the average trader.

- How to make strong profits using the daily charts and trading only 10 minutes per night.

- One of his profit target strategies. He has 4 in total and gives one away.

- How Jim Rogers, Warren Buffett, and others became great traders and investors.

- What the “gurus” selling hype trading courses are hiding from you AND

– Six easy ways to spot a counterfeit “trading teacher” from a mile away.

- How to not be vague with your entries and stops like when others say: “Buy a few cents, ticks, or pips above ___.”

- A little known, no cost, scanner tool that can help you right now.

- He also gives you an excel sheet that does ALL the math for you so you can easily see the optimal position size and risk vs. reward ratio on all trades.

All that in an hour? It certainly isn’t a waste of time!

This guy really knows his stuff. He should after placing trades as large as $50 million before he retired from money management. He shares a little of his story, but most of the hour is spent teaching you how to trade better.

I like to share valuable free info with my subscribers and this one defiantly fits-the-bill.

Click here to register for the recording:

=>> ETF Trend Trading Website

Even if you listened in the first time, don’t miss this chance to replay this valuable free webinar.

 

- About the Author: Rob Trader – Forex Expert http://tradingtoollist.co.cc/ Article Source

Gold, Silver & SP500 Trading Charts & Video

May 16, 2010Last week was amazing for both gold and index traders as gold surged higher and the SP500 tested a key resistance then fell 4% in our favor. The past couple weeks with the mini market crash and Euro issues making the market extra volatile both gold and the broad market (SP500) index has been wild.

The added volatility makes trading more difficult because price patterns become less predictable and price movements are much larger increasing risk for traders.

Below are the charts & videos of what to look for in the coming days…

GLD – Gold ETF TradingGold continues to trend higher at an accelerated rate. Friday we saw gold pullback and test a key support level then bounced to close in the middle of the days trading range. As you can see the trend line support has become very steep and once the trend line support is broken I figure there will be a sharp drop to digest the recent rally.

SLV – Silver ETF TradingSilver popped and tested a key resistance level from a previous high as expected. It also tested the top of its trend channel providing even more resistance. This week will be interesting as we wait to see if precious metals have a small pullback or continue to rally.

SPY – SP500 Index ETF Trading ChartThis chart clearly shows what I think is about to unfold by looking at the past market drop. Because of the mini market crash triggering everyone’s stops already I figure we have made the low and the dip we are seeing now will drift down a few more percentage points then bottom out.

ES M0 – SP500 Mini Futures Trading Setup – Pre-DropBelow is a chart of the SP500 which we shorted or bought the SDS bear etf trading fund last week looking to profit from a falling stock market. As you can see from the chart we saw the es mini contract drift into a key pivot point on light volume. What this means is that a large group of sellers will be waiting at that price, and because volume is light we know there are not many buyers at this price level. Simple supply/demand comes into play with more sellers causing the price to stop rising and eventually force the price lower which is what we were anticipating.

The green arrows show key support levels on the 60 minute chart where 1/3 of a position should be taken of the table to lock in gains which also reduces overall risk on the trade. Once we cash in the first 1/3 of the position we move our protective stop the breakeven which is the entry point for the remaining portion of our position. This turns the trading into a winner no matter what happens allowing us to enjoy the ride…

ES M0 – SP500 Mini Futures Trading Setup – Current PriceHere is the same chart 24 hours later showing both of our profit targets triggered pocketing 2/3rds of our position for a very nice gain. Depending on the type of trading vehicle you traded there was potential to make up to 150% return in less than 24 hours.

We currently hold 1/3 of the position left with a loose stop allowing the trade to mature incase the down trend continues for several days or weeks. If not and the price rallies then our stop will get triggered for small profit on the balance of the position. Either way we win.

Pre & Post Market Correction Video: http://www.thegoldandoilguy.com/articles/sp500-market-correction-trading-videos/

Stock Market ETF and Futures Trading Conclusion:In short, the market is trading on increased volatility making it difficult to find low risk setups. At the moment we are long gold and short the SP500 with both position deep in the money. All we can do now is manage our positions to make sure we maximize our profits.

If you would like to Get My Trading Signals be sure to check out my services at: www.TheTechnicalTraders.com

Chris Vermeulen

- About the Author: Chris Vermeulen is Founder of the popular trading site http://www.thegoldandoilguy.com. There he shares his highly successful, low-risk trading method. Since 2001 Chris has been a leader in teaching others to skillfully trade in gold, oil, and silver in both bull and bear markets. Subscribers to his service depend on Chris’ uniquely consistent investment opportunities that carry exceptionally low risk and high return. Reach Chris at: Chris[at]theGoildAndOilGuy[dot]com Article Source

ETF Trend Trading Course – 3 bonuses left

Maybe you haven’t listened to the recording yet?

Click here to get access to it:

==> Visit ETF Trend Trading Website Here’s the cheat sheet of what’s covered in the webinar:

- Two simple tricks that instantly remove 95% of your emotions in trading. Since we know fear and greed are the number one killers of traders, this info could improve your trading now.

- A little known position sizing trick that can double your returns, regardless of what market or system you trade.

- Why money managers who only risk 1-2% per trade still make great returns.

- How some hedge funds hunt stops and a simple trick to avoid being trapped.

- Why trading is not a “zero sum game” and what this means for the average trader.

- How to make strong profits using the daily charts and trading only 10 minutes per night.

- One of his profit target strategies. He has 4 in total and gives one away.

- How Jim Rogers, Warren Buffett, and others became great traders and investors.

- What the “gurus” selling hype trading courses are hiding from you AND

- Six easy ways to spot a counterfeit “trading teacher” from a mile away.

- How to not be vague with your entries and stops like when others say: “Buy a few cents, ticks, or pips above.”

- A little known, no cost, scanner tool that can help you right now.

- He also gives you an excel sheet that does ALL the math for you so you can easily see the optimal position size and risk vs. reward ratio on all trades.

All that in an hour? It certainly isn’t a waste of time!

This guy really knows his stuff. He should after placing trades as large as $50 million before he retired from money management. He shares a little of his story, but most of the hour is spent teaching you how to trade better.

I like to share valuable free info with my subscribers and this one defiantly fits-the-bill.

Click here to register for the recording:

==> Visit ETF Trend Trading Website

Even if you listened in the first time, don’t miss this chance to replay this valuable free webinar.

- About the Author: Rob Trader – Forex Expert http://tradingtoollist.co.cc/ Article Source