The drama of the Fiscal Cliff and the recent sequestration circus, plus the trials and tribulations of these four countries (which have run up huge deficits) have been well documented and known for quite some time. What is more important, in my opinion, is not the size of the debt which is staggering, but rather what is happening in the market and the market's perception of current events.
Market perception trumps everything else out there. Market perception trumps market fundamentals every time. Market perception is the one card that the government cannot control. It is the card that can potentially give the individual trader an edge.
So what is market perception? Well, have you ever noticed that when some big world event happens, or a new "hot" IPO hits the markets (remember FaceBook, Zynga and Groupon?), traders expect that market to go in the talked about direction and typically it does. What doesn't get talked about is how the market then corrects itself and the technicals really come into play.
The only real way to avoid the trap is through the use of technical analysis, or in the case of , our Trade Triangle technology. This technology doesn't read the newspapers, doesn't watch cable, and is independent of everything else except the market itself.
What is the most important thing to most investors? I would have to say it is the bottom line. If you're not making money in the market, then you're doing something wrong. Maybe you're paying more attention to the talking heads on cable or to the nightly news, but you're not really paying attention to market perception.
I was lucky enough when I began my career to learn about technical analysis very early on. I said to myself, "when it can be this easy, there must be something more that I'm missing." It was then that I made the mistake of looking at all these other so-called tools like fundamentals, earnings reports, etc. You name it, I looked at it.
One day I finally got smart and realized that I had already found the "true gold" in trading by using technical analysis.
I was just watching some talking head author on TV and they were saying that technical analysis is so 1920's and old technology. Of course, the person who was saying that was looking to sell copies of their book.
Not looking at technical analysis, which is like the DNA of the market, is a huge mistake! I can see people going out and buying this author's book and being led down the wrong path.
Let's keep things simple. That is the secret to successful trading.
At MarketClub, we tend to look at the market in a very simple fashion. The market can only do three things: it can go up, it can go down, and it can go sideways. In life there are very few things that you can simplify as easily as that.
So using MarketClub's Trade Triangles you are able to determine when the market is going up, in which case you want to be long, and when the market's going down, in which case we want to be short or out of the market.
We do follow a filtering technique with the Trade Triangles to help avoid trading losses. With any kind of trading or investing program, the risk of loss is always there. The key to success is how you manage those losses. Are the losses small enough as to not bite into your capital in a major way?
Again, when you're looking at market fundamentals or other ways to trade, they really don't tell you when to get out. Obvious examples of this would be Groupon or Zynga, that took unwary investors to the poor house.
But it's hard to fake a market saying everything is great, when the market is heading south. So what is an investor to think? I believe you have to trust your eyes and the direction of the market. After all, that's what makes up your bottom line.
Moving with the market, and going with the flow is what our Trade Triangle technology is all about. Trade Triangles do not predict what's going to happen, rather they follow what is happening. This puts you, the investor, way ahead of most other investors as you are following a game plan that leads to success in the markets.
Remember, Trade Triangles do not predict the future (nothing can!), but rather they access a huge library of past behavior that has proven to be successful. The purity of the Trade Triangles is evident in the fact that human nature has not changed in 2,000 years and neither has market perception.
Please feel free to comment on our blog about this post. We welcome your thoughts on our postings and polls which can be very telling as to what is going on in the economy and in politics.
Every success, in trading and in using our Trade Triangle technology. Try MarketClub Today!
Adam Hewison
President of INO.com
Co-founder of MarketClub
IS IT NOT A PROPER TIME TO EXIT...............
TO FORGOT................
AND TO IGNORE............" PIGS "
I WANT TO ASK, HOW MUCH LONG WE WILL AFFECTED AND FEARED OF SUCH NEGLIGIBLE AND BANKRUPTED SMALL TINY ECONOMIES?
WHAT WILL BE THE END RESULTS OF THAT? WHAT IMPACT THEREOF? ARE THEY CAPABLE ENOUGH TO DESTROY WHOLE WORLD FINANCIALS?
Beware the expert! " X" is an unknown quantity " and a "spirt" is a drip under pressure.
This article is yet another cheap ad to sell another product that claims to be the end all of end all approaches to trading. I am very dissapointed in this site for putting up this trash. The bottom line here is that the article that is selling this particular technical analysis appraoch contains ZERO technical analysis! The Trade Triangle? Give us a break, why not the Perfect Pentagram while you are at it?
Would not agree, since the triangle trading is based on some patterns, which always repeat. So let's better name the triangle technique a rather useful tool for traders. But what it is certainly not: a forcast of events. It is more or less a tool, which uses repeated patterns found in the chart, and thus +100 triangle is an indication of a higher probablitiy, that the uptrend will continue. Nothing more. It works out in many cases, but in some cases ist fails.
Well then Stefan, just pay the man the $8.95 and the thing that is more important than the Fiscal Cliff, the sequester and all the debts of Italy, Greece, Portugal and Spain combined will be yours. Of course if you forget to cancel your subscription this snake oil salesman will gladly suck $59 a month out of you bank account until you wise up.
Adam,
Inciteful comments just when the Market is hitting new highs. There are voices saying 'the market is running on fumes' but I am watching the triangles. Will they meet the Test?
An 'old technology' that detects trends and trend reversals like candlestick patterns (400 years old), and technical analysis are tried and true. I watch the charts and turn off the financial channels. I monitor refinements to see if they can supplement the techniques that work, but avoid fads and 'the experts'. The market is the final authority with price and time the ultimate indicators.
I enjoy the polls as a measure of sentiment. The articles posted are useful grist for the mill.