MarketClub Review – Tools for the Trader
As useful as some may be, I have never been fond of trade alert subscriptions. Not because they might not work, but I feel they do more harm than good. In order, for these alerts to work you have to completely immerse yourself into their trading world. What happens if you miss a certain alert or receive it late? Even minutes can mean the difference between a great gain and a horrible loss. Long-term you probably won’t end up learning a lot anyways. What happens if the company decides to pack up and call it quits? Suddenly you are back in the dark.
That being said, I have always been an avid fan of subscription research tools. In other words, resources that can help you with trades, rather than tell you what to trade and when.
One of these resource that I have had the experience to use for nearly 2 years and become a partner with is MarketClub. Known for their smart scan technology and triangle trades, it really is a trader’s dream… particularly fans of stock charts.
Right off the back there are a couple different ways to use MarketClub, but before we can dive into that you must get accquainted with the triangle trade. Its fairly simple. Here is how it works…
Through the research of some top-notch brainy guys, a trading algorithm was created. Essentially this formula accurately tells you the particular strength of a stock’s trend. MarketClub has thus translated this into simple green and red triangles. Green obviously meaning the stock should head higher and red implying stock should move lower. Combining this feature with a stock chart, you can now look up any stock, forex, and/or future and see what the triangles tell you to do.
You can see a good video example of the triangle trade in action created by The Wild Investor. Video below
There are monthly, weekly, and daily triangles, so this platform works great with any type of trader. Thats what makes this platform so great. You can determine the individual strength of a stock based on your time frame not somebody else’s.
There are plenty more tools and resources available to use with your membership…
You can use their smart scan technology to pull up stocks based on trade factors your desire. Even if you don’t want to pay attention to the triangles, MarketCub offers a great flash based charting application. This makes the system operable by both Windows and Mac.
Obviously you can set alerts with even your stock brokerage, however, MarketClub will alert you when your particular stock has changed trends… meaning you don’t have to guess a price to be alerted at.
While the triangle trade, smart scan technology, and alert feature usually get all the buzz, probably the most underated feature of MarketClub is their trading school.
The co-owner of this entire company puts together great video tutorials almost daily. Some include how to better use their platform and others share insightful tricks and strategies to better your individual trading performance. From time to time, he will also bring in some of his experienced trader friends to share some of their insights as well.
Overall, you really can’t go wrong with MarketClub. Unlike regular subscription resources where there is usually just one thing you can do, MarketClub offers you accurate trade and trend predictions as well as tools and resources to aid you in your trading.
Speak Stocks readers can sign up for a free 30 day trial of MarketClub.