I first learned about Market Club in late 2007 and have been a happy client ever since. This is a personalized Market Club Review – not just one from somebody hoping to make an affiliate sale, but rather from someone that makes money through investments based on the Trade Triangles technologies.
I have continually been skeptical of “mechanical stock trading systems”. While I believe that the stock market can leave footsteps, and in addition they could leave advice on the path of the market, there is not a way that any kind of stock trading system can create results constantly. I came upon Market Club, and made a decision to check out one of their training videos.
One thing that struck me was that the good quality of the training videos. Market Club didn’t look like most of the other sleek video tutorials I have witnessed. I mean ,, so many of those no cost videos are made by marketing experts. They speak about all of the right things, they show everybody the best graphs, they show you anything that you’d like to hear. The first video tutorial I watched gave me the feel that it was a buddy who was simply amazed by the results, and wanted to share all of them with me.
Sure enough, it showed me a quite simple approach to buying and selling stocks and futures. Trade the triangles is the methodology they use to find out the direction of the market. To begin with, they figure out the direction of the market based on the monthly chart. A green arrow provides the thumbs up that the trend is moving higher, whereas a red arrow notes that the trend is lower. This also implies where you should go either short or long. Next they change to a weekly chart. This indicates when to sell, then when to get back in.
As opposed to other videos, they showed a trade that didnt work out initially. This on it’s own suggested to me that they’re staying straightforward. Bonus points there.
Market Club showed how they bought and sold Amazon (AMZN). Based on the monthly chart, they went long at $38.59 in November 2006. Using the weekly to suggest 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 appeared on the weekly at $37.71 on March 5th, 2007 for a loss of $1.29. What shocked me is the fact that every stock trading video I have ever saw, constantly illustrates only winning trades. MarketClub was not afraid to show that a few trades can lead to losses.
Nevertheless, that’s certainly not the end of the story. As Adam Hewison continued through the video, an entry triangle was given on March 29th, 2007 at $39.80 on the weekly chart. The subsequent sell triangle? June 26 at $67.65. A $27.85 profit. Huge! So long as the monthly has been displaying a green triangle, market club was in the trade, accumulating the gains.
Would seem far too straightforward doesn’t it.
I watched all the movies they have on their site, many of which often provided good opportunities to learn about the markets. MarketClub’s Adam Hewison’s comments regarding the direction of the markets were bang on what I have been saying for some time.
Well, I registered in order to determine if it was true. Is it that uncomplicated?.
As you are no doubt predicting, yep, I became pleased, and indeed I made money. Lots of it in fact.
The sole disadvantage in their strategy is you’re in trades later than you might want to be (their sell signal not long ago on AAPL was about $30 from the 52 week high. Obviously, had you been in AAPL after they said to first buy, you are not filing a complaint!). In any event, how many times have you wished that you just remained in the trade a bit longer rather than shaken out at the first wave of selling pressure? MarketClub helps those individuals, like me who’re tempted to sell exit the first push of profit taking, only to see it rise even higher.
The only downside is that the charting program is java based, and is rather resource demanding. It comes with an automated Fibonacci tool which can be really useful, and it is easy to move between the monthly and weekly charts.
The biggest advantage to this kind of trading system is you won’t have to check out the markets each day. No more am I glued in front of my computer during the day concerned about where my companies are trading at.
They provide a 30 day trial at which time, you are able to cancel your membership, to get a complete refund. I know that during my very first MarketClub trade, I made a lot more than the cost of membership. When you stick to the “Trade the Triangle” program, I’m confident you will not be calling them seeking your money back.
Do yourself a favor. See the stock market videos they feature, including the ‘Trade Futures In 90 Seconds’, or take advantage of their 10 free trading lessons in order to find out how uncomplicated it really is. 90 seconds can produce a substantial difference in your investing results.