Gold and stocks trading and alerts

Results for 2009 and what are we going to do this year?

2010-01-04T22:03:00.016+01:00

Average profit of +29% for 2009
With our free trade alerts you could have made an average of +29% per alert this year. Also Great Panther Resources Ltd and Romarco Minerals Inc. that are still running are added to this average.

Watch out
Your profit will be a bit less since the transaction costs are not included and also the spread -bid and ask price- is not weighed into the calculation, just the price on the boards when the position is closed. Please read our disclaimer.

All alerts where profitable
All our closed alerts made you a profit, so no losers at all.

Watch out this is exceptional. Because we will now have a whole year it can always happen that there are less profitable or even losing trades, let me be clear about that. All traders have losses, it is that simple! And that is ok, as long as you take your loss -when you are down between 1% or 2% of your total portfolio- and move on.

Happy
We are happy and I hope you are too and we will do all we can to also make 2010 a profitable year.

What are our plans for this year?
Giving trade alerts is not the only thing we do, we will also add new articles about trading. Point you to nice tools or other sites, in short all what we can to make it easier for you to get around in the markets and become a better trader.

Marketclub - Free Great panther resources limited Trend Analyse

Links of interest

Romarco drills 33.5 meters of 4.3 g/t gold.

2010-01-04T20:26:00.009+01:00

Update on 2009 drilling program

TORONTO, Jan. 4 /PRNewswire-FirstCall/ - ROMARCO MINERALS INC. (TSXV: R) (the "Company") is pleased to announce recent assay results and an update on the 2009 exploration program at the Haile Gold Mine, in South Carolina. These intercepts continue to demonstrate the expansion of gold mineralization at Haile.

Approximately 73,000 meters (236,000 feet) in 223 holes were drilled as part of the 2009 exploration program. The Company has assays pending for approximately 60 drill holes. Currently drilling is being conducted in outlying areas in order to select site facilities for the plant, tailings and waste dumps pursuant to the current feasibility that is underway. Drilling in three of the five proposed tailings sites identified gold mineralization. Drilling on the fourth site is approximately thirty percent complete and although gold mineralization has been encountered it is not yet sufficient to eliminate the site for facilities or tailings disposal. These results are a further indication that the mineralized zone is continuing to grow and remains open in all directions and at depth. Recent drilling demonstrates that the mineralization not only continues along strike in an east-west direction but is continuing to extend to the north as evidenced through recent condemnation drilling for site facilities. The Company's technical team is analyzing recently received assay data and will be disclosing those results and interpretations in the near future.

RC-1669 was drilled as a step-out hole in the area where the Ledbetter and Snake pits merge. RC-1669 encountered 33.5 meters (110 feet) of 4.3 g/t Au (0.126 opt) at 213.4 meters (700 feet). The hole was designed as a step-out in order to extend this mineralized zone to the north. The hole flattened out sooner than anticipated therefore the total distance from known mineralization was approximately 21 meters (70 feet). Additional holes stepping beyond RC-1669 have been planned. RC-1663 encountered 29.0 meters (95 feet) of 1.1 g/t Au (0.034 opt) at 7.6 meters (25 feet). RC-1663 was drilled as a step-out hole approximately 45 meters (150 feet) along the far western edge of the property (Champion area). RC-1663 demonstrates the continued possibility of finding additional near surface mineralization within the Haile mine area and confirms the mineralized zone remains open to the west. The results of these holes are summarized in the table below.

-------------------------------------------------------------------------

                   Interval           From             To           Gold
Hole               (meters)       (meters)       (meters)          (g/t)
-------------------------------------------------------------------------

-------------------------------------------------------------------------
RC-1663
-------------------------------------------------------------------------
Interval              29.0            7.6           36.6            1.1
-------------------------------------------------------------------------
RC-1669
-------------------------------------------------------------------------
Interval              33.5          213.4          246.9            4.3
-------------------------------------------------------------------------

With five drill rigs on site (four RC and one core rig), the current program is designed to identify additional resources and convert resources into proven and probable reserves across the entire mine property. Drilling is being performed by Boart Longyear, Romarco's company owned drill, and Connors drilling. The drill samples are being assayed by Alaska Assay Labs in Fairbanks, AK. Blank samples as well as third party standards were submitted with all of the drill holes. The results of the control samples were within acceptable ranges and adjacent to the mineralized zones. Romarco's Qualified Person under NI-43-101 is Peter J. Butterfield.

About Romarco Minerals Inc.
---------------------------

Romarco Minerals Inc. is a gold development company focused on production in the US and Mexico. The Company's flagship project is the Haile Gold Mine in South Carolina which is currently undergoing exploration drilling, bankable feasibility study and permitting. The Pinos Gold District in Mexico is a high grade epithermal vein district in the advanced exploration stage.

Please note:

This entire press release may be accessed via fax, e-mail, Romarco's website at www.romarco.com and through CNW Group's website at www.newswire.ca. All material information on Romarco Minerals Inc. can be found at www.sedar.com

    -------------------------------------------------------------------------
"Neither the TSX Venture nor its regulation services provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release"

SOURCE ROMARCO MINERALS INC.

YeOldGoldNugget's links of interest

Trend Analysis
Get the most recent Trend Analysis on Romarco Minerals Inc. by following this link :
Marketclub - Romarco Minerals Inc. Trend Analysis (What's this?)

Update Platinum Group Metals Limited and Great Panther Resources

2010-01-03T16:22:00.002+01:00

As you will probably know I mostly follow the metals like platinum, palladium, silver and gold or the mining stocks.

Platinum Group Metals Limited TSE:PTM
Again this month the price shoots straight up and we get an extra year-end bonus of +38.22%

Platinum and palladium hit three-week highs Thursday after Securities and Exchange Commission filings showed that exchange-traded funds for these metals in the U.S. moved one step closer to reality. Read all about it here PRECIOUS METALS: Nymex Platinum, Palladium Lifted By ETF News.

Marketclub - Free Platinum Group Metals Limited Trend Analysis

Great Panther Resources Ltd TSE:GPR
This wil go up and down a bit before it will hit 0.9$ or 1$, so sit thight and give it some time to get there and give you a fat profit. Current profit: -1.12% so together with Platinum Group metals a fat profit of +37.1%.

Marketclub - Free Great panther resources limited Trend Analysis

Links of interest

Predict a top or bottom

2009-12-27T00:21:00.010+01:00

A lot of traders try to predict a top or bottom in the stock market and many fail doing so and you will end up with a loss.

When you try to buy at the lowest price, then the price declines even further or the price doesn't move at all and your money is locked up for a longer period.

When you try to predict a top then mostly you are wrong and the top is a bit higher, and you being short are making a loss since the top is a bit higher as expected.

The bottom line is, look at what the market is doing and follow that move.

Links of interest

Alert Great Panther Silver Limited TSE:GPR

2009-12-16T23:46:00.020+01:00

Weekly chart

You can go long on Great Panther Silver Limited.
Marketclub - Great Panther Silver Limited Trend Analysis, it is free, so try it.

I want to shine some more more light on how to trade the medium to longer term and for that I will use Great Panther Silver Limited GPR.TO to clarify this. Most of the alerts that I have given since august on this blog, were short trades of a couple days, up to 10 days. And that is not at all terrible, because all those alerts have produced on average a profit of 20%. I am satisfied about the past results and I hope you are also?

But I want to continue to better my techniques and educate myself more, and also, I want to focus a bit more on the middle to longer term trades. And this to be able to score the big profits.

By this, I do not mean to say that all new trades will be middle to long term trades, but if possible from time to time a trade like that will be posted.

On to the chart, what we do is, firstly we take a look at the weekly chart. I always do so to make sure I get a clear view of where we are. Always make sure to look at different time frames, so that would be for instance the daily, the weekly, the monthly, 6-months, year, 5-year,...to get a better understanding of the stock.

OK, on to our analysis of our Silver Mexican Panther. I've added some lines on the chart to visualize where we are.

First, we have support 1 which is a trend line on which our Panther slowly but steadily moves upwards on.
Second, we try to find where the MA 30 sort off flattens out (light blue line) which was somewhere around May 2009. The price of the stock must be above this line before we even attempt a purchase.
We draw a new line above all our highs namely resistance 2.
Somewhere around June we saw a first breakout, our Panther doesn't seem to find enough sustenance at these lower plains and has to move up to higher country and does so on three times more volume. It would seem our Panther has put on some muscle since then which must be from walking the support 1 trend line.
In July there was the usual re-test, well you know how it is. Maybe the Panther got a bit nostalgic, longing for times gone by but on the march back down realization struck and our Panther realized the reason why it left those lower plains. Not enough food there. So up it went again.

Actually this would have been a great moment to make an entry into the stock. Sometimes investors will invest half of what they intended to invest when a breakout occurs. Then, when the stock pulls back or does its re-test then the second amount gets added to the already existing position.
Maybe good that that time has passed and we are seeing a new entry appearing.
We notice a very high volume in November which is a whopping 9.7 miljoen and it seems our Panther is trying to break resistance 3.

Why the trade?
If you read the analysis then you will understand that the course of events for Great Panther are as one would like to see...very favorable. We also see a Symmetrical Continuation Triangle (Bullish). Great Panther is a strong growing silver producer in Mexico with a lot going for it. Only recently they acquired a new project :
Great Panther Acquires Strategic Claim at Topia
Another point to look at is the price of silver which also seems to be on a path to earlier highs which would be bullish for juniors leveraged in silver. Our intention is for Great Panther to be a long term hold.

Current price
0.89

Target
First a break out, after that 1.4$

Links
Great panther website

Links of interest

Running man, still running but for how long?

2009-12-04T22:36:00.005+01:00

Nasdaq Daily Chart

Chart is courtesy of marketclub.
Marketclub - Nasdaq Trend Analysis.

I want to zoom in on some runners that are getting a bit out of breath.

Since early March our little running man has been heading up the mountain, heading higher and higher, like the good athlete he is, what started out as running has now after months become more like a steady crawl. Since mid-October this little athlete became a little bit exhausted.

He has been running for so long only to see his efforts leaving him still miles and miles short and plenty still to go before ever reaching the top of the mountain. His body and his joints feel like giving up. Chart wise we see a divergence in the MACD. Our runner also seems to think going up a mountain means taking a lower path before eventually going higher? Seems an odd direction to take when ones desire is to reach the top? Since late September however, a lower channel was chosen.

Whether this is a shortcut to the top or a run for the foot of the mountain. I honestly don't know, just telling you what my satellite system is telling me. These mountaineers sure have a funny way of climbing up a mountain I tell you! But, since I'm neither Mounty nor mountaineer I have no way of telling you whether that is normal behavior or whether we should call a helicopter rescue. Lets just wait and see.

Take a look at the free: Marketclub - Nasdaq Trend Analysis.

S&P 500 daily

Chart is courtesy of marketclub

This running man already bashed his head against a wall of resistance. Chart wise we see a divergence in the MACD and also the RSI is declining. So to help this exhausted runner through the month of December with all the detours he will have to make to buy presents -maybe taking a lower path to shop a bit cheaper- I have for you a video you can have a look at.

In this video you can see the exact points that you can take a look at to determine if a change in the trend is happening in the S&P 500.

Take a look at the video.

Take a look at the free: Marketclub - S&P Index Trend Analysis

Advice
Stay out of long positions on these runners.

Alert: Romarco Minerals and Acadian Mining Corporation

2009-11-30T21:18:00.004+01:00

A lot of indexes are getting in the overbought territory, also the metals are doing strange jumps (gold, palladium, platinum) so for now I would advise staying away at least from the US stock market when you want to go Long.

Romarco Minerals CVE:R
If you would like a gold play then you can take a look at Romarco Minerals. A lot of stocks are going down, and this one has been going up steadily.

Current price: 1.73

If you buy this, expect to keep it for the long run.

Marketclub - Romarco Minerals Trend Analysis, it is free.

Acadian Mining Corporation TSE:ADA
Acadian Mining Corporation (Acadian) is a Canada-based mining, exploration, and development company based in Halifax, Nova Scotia..

They got rid of there debt and are trading between 0.07 and 0.10. This stock traded in november 2008 around 1.11$. Resistance is at 0.06$.

Current price: 0.08

When you buy this, please just use only a small portion of your account. It is possible that you will have to wait a few months before it starts to move. This is just a buy and hold for a longer time. Just get your foot in the water a bit.

Marketclub - Acadian Mining Corporation Trend Analysis, it is free.

Alert Palladium long

2009-11-22T23:04:00.000+01:00

Maybe a bit late because the trade has already been closed but I just like to keep a record. I would like to advise that you also keep a record of all your trades.

Yes I know that is a lot of work, but what will you do when every month you see that your account goes down the drain a bit more? Yes, you look up all your trades that you have written down, and do a bit of research where you went wrong. And maybe you see a pattern and can improve your trading.

With this trade I did ok and had a profit of 20.6% with a leverage between 3 and 4. But I could have waited just a bit longer and see if the trend line would break and when it did, stay in the trade a bit longer. I closed the position because I can't trade 24 hours a day so when palladium would go down big time during the night, I would wake up and see halve or more of the profit gone up in flames. Well I also just could have looked at the ATR (Average true range) and calculated what on average I could loose during the night and then consider staying in or not.

I always analyze a trade afterwards and try to learn from it, you can ask the following questions:

Was my entry to late or early?
Was my exit to late or early?
What are the indicators telling me like MACD, Stochatics, and so on?
Can I do this trade again real soon?
When there is a correction to a trend line, and it bounces then you possibly can trade this position again.
Are we near some resistance?
When I look at Fibonacci how far are we in the decline or rise?

What’s Gold’s Next Stop?

2009-11-11T21:40:00.003+01:00

Gold has reached 1115$ for the first time and will probably go much higher, prices like 1250$ and 1300$ come to mind as next targets.

The trend is positive and when you still haven't bought some gold then please consider doing that after a correction. You can buy a Gold ETF or some other product like a CFD to make a profit.

Please watch this video by MarketClub about gold.

Links of interest

Alert: Rock Energy Inc TSE:RE

2009-11-08T21:29:00.000+01:00

Chart is courtesy of marketclub.
Marketclub - Rock Energy Inc. Trend Analysis.

Position
You can take a long position on Rock Energy Inc TSE:RE

Rock Energy Announces Closing of a $15 Million Bought Deal Financing.You can read here what a bought deal is, and why it is important.

Current price: 3.5$

Chart
When we look at the weekly chart we see that a lot of indicators are positive

we have an increased volume
the RSI and the MACD is positive.
MA10 and MA30 are pointing up
prices are also trading above the MA200 and it is only slightly pointed down. On the daily chart it points up.

Resistance
If we go over the previous peak of 3.55$ then I see resistance around 4.5$ so a possible 28% profit if prices will go there again.

If we go almost to 4.5$ I would lock in some profit around 4.3$, or place a stop loss order around that price range.

Should You Manage Your Own Portfolio?

2009-11-05T00:55:00.010+01:00

By David Bogoslaw

Focus on Stocks

Avi Horowitz, vice-president of volunteer training and support for the Better Investing Volunteer Advisory Board, agrees that the idea of "not being in this alone" has gained traction because of the fear in the marketplace. BetterInvesting and the NAIC have 88 local chapters across the U.S. that help teach members the basic tenets and techniques of investing for $79 a year, usually through online forums. The online stock study team meets the first Wednesday of each month, and those sessions are recorded and available in online archives.

Unfortunately, the focus of the online tools and recommendations from peers on investing sites is primarily on stocks and stock-based funds, which leaves out a lot of other asset classes that advisers say are necessary to have a well-diversified portfolio. TradeKing is one of the few sites that helps investors who want exposure to fixed income assets as well as stock options. OptionMonster.com, a subscription research site that spawned online brokerage TradeMonster.com in October 2008, and ThinkorSwim.com, which is being purchased by TD Ameritrade also do a good job of educating investors about how to trade options, says Aite's Honore.

Possibly the only investing site that comes close to advocating the same widely diversified approach as most financial advisers is Marketclub.com, which educates members about—and provides trading tools for—a wide range of assets, from U.S. and Canadian stocks and mutual funds to foreign currencies, agricultural and industrial commodities in the cash and futures markets, and government bonds.

Marketclub, which charges subscribers $449 a year, isn't an online broker but gives members what they need to trade various asset classes on their existing brokerage accounts.

Scare Rating Services

Marketclub lets users quickly identify which markets are going down or up and to discern trends in all asset classes, says Adam Hewison, the site's co-founder and a former trader on the Chicago Mercantile Exchange. He believes you don't need to make a huge time commitment to manage your own investments. You should be able to tell whether you should stay in or get out of any given asset if you spend even just an hour a week looking at your portfolio with Marketclub's tools.

While there are plenty of online and desktop tools designed to support investors, what's in short supply are ratings services akin to Consumer Reports that assess and compare these products and services. Computerized Investing, a bimonthly publication of the American Association of Individual Investors (AAII), advises readers on the best software and sites for tracking and evaluating their portfolios' performance. Back issues, archived online, can be searched by topic. The AAII Journal, which comes out 10 times a year, offers a discount brokers guide in its February issue, a guide to mutual funds in March, and a tax guide in December that allows investors to plan ahead for what they want to sell or keep, says editor Maria Scott.

It's daunting to go the DIY route. But for those brave enough to make their own investing decisions, there are plenty of resources available.

Bogoslaw is a reporter for BusinessWeek's Investing channel.

You can read the entire article here

Why Gold? Why Now?

2009-11-05T00:20:00.011+01:00

The Case for Investing in Gold Today

IF YOU'RE LOOKING to store wealth in something both rare and secure today, you will find nothing to match gold.

Gold always tends to reward cautious savers in times of financial stress, because it is both hard to destroy and tightly supplied.

In short, it is the very opposite of debt.

Gold doesn't corrode or tarnish, and it's relatively useless to industry. That's why almost all of the entire stock of gold mined over the last 4,000 years remains unused today. It exists as either jewelry or bullion, both of which act to store wealth and value.

The world's total store of gold now stands near 160,000 tonnes. But the metal is so dense that, if formed into a single a cube, it would have an edge barely 22 yards in length.

That wouldn't even cover a tennis court!

Gold vs. Paper-Money Inflation

New gold is being found and mined today at the rate of some 2,600 tonnes per annum.

That's a modest increase of 1.6% per year to the above-ground supply. And critically for the value of gold, this annual growth-rate lies beyond the power of politicians or investment banks to increase.

The supply of Euros, in contrast — the most hawkishly-managed major world currency right now — is currently expanding by 11.5% per year.

Thanks to this tight supply, gold grew its purchasing power more than nine times over during the 1970s — the last worldwide surge in inflation. In terms of business assets, it rose 23 times over by the start of 1980 as measured against the Dow Jones Industrial Average.

During the financial collapse of the 1930s — but this time amid a deflation caused by half of all banks in the United States failing — gold bought 17 times as many financial assets as it did before the Great Crash of 1929.

Now debt defaults and inflation are working together today, forcing a fresh crisis in the value of money. Gold has already risen three-fold against the New York stock market since early 2000. It's recently turned higher in terms of residential and commercial real estate, too.

Time to Buy Gold?

Gold doesn't care whether a financial collapse destroys the value of money (inflation) or the value of debt (deflation). Its unique characteristics — indestructibility and tight supply — mean its owners can thrive amid either.

But that doesn't make gold a "forever" investment. Gold will always lose value during stable periods of strong economic growth.

Over the twenty years to 2000, for example, gold lost 95% of its value in terms of US real estate. So it's no surprise that, as a proportion of world investment portfolios, gold fell from around 2% to effectively zero.

The trend in gold prices finally turned higher at the start of this decade, just as Gordon Brown — now the British prime minister — sold half the UK's national gold reserves at less than $300 an ounce.

Since then gold has trebled and more. But this gain remains small in the context of previous gold trends. It's also been limited by Western governments persuading their citizens that "core" inflation in the cost of living is running at just 2% per year or below.

These official CPI figures, of course, exclude the cost of housing, mortgages, taxes, fuel and saving for retirement. But this trick cannot go un-noticed forever.

New Investment in Gold

New gold investment will continue to grow if the world's major currencies — gold's main competition as a store of value — plunge into the inflationary spiral that many economists fear.

Until there's a dramatic change in monetary policy, the over-supply of Dollars, Euros and Yen look set to keep pushing gold prices higher. And it took a dramatic change in central-bank policy to finally kill gold's last inflation-led surge.

At the start of the 1980s, the Federal Reserve pushed US interest rates up to 18% and above, restoring the world's confidence in its currency and kick-starting the "long boom" of the next 20 years.

Could America survive such strong medicine now? Would Ben Bernanke even dare risk it?

If you think the world's central bankers are about to set interest rates far above the real rate of inflation, you should steer well clear of gold.

But if you fear for your savings — and you want to start investing in gold — you can start today, for free, at BullionVault.

PLEASE NOTE: We will receive a small referral commission for any accounts opened through this article. But the tiny dealing fees and storage charge you will pay would be no smaller without it.

And this ground-breaking service really does give you unique access to live gold market prices, cutting out the middleman and slashing the costs of investing in gold "dramatically" as the Financial Times recently noted.

To find out for yourself, go to BullionVault - Buy Gold Online now.

Trading Experts

2009-11-03T23:53:00.002+01:00

If you are looking for trading experts, alerts on stocks, commodities or forex then you can check out Jim Robinson. We will add more experts, but we will start with Jim Robinson.

We spoke with Jim Robinson about trading Stocks, Commodities and Forex

EXPERT: We spoke with Jim Robinson about trading Stocks, Commodities and Forex

2009-11-03T23:45:00.008+01:00

I was looking around for someone who knows how to trade futures and through one of my contacts I came in contact with Jim Robinson who has been trading for 30 years.

He has been writing daily email trading newsletters for over 10 years and has by now thousands of traders receiving and following his newsletters everyday.

Free and premium newsletters
If you are interested in some excellent free trading information you can sign up for his free newsletters or for his premium newsletters below:

He also gave us a nice article that I urge you to read to become a better trader, and that is what this blog is all about, getting better, having fun trading.

THINGS YOU NEED TO KNOW TO BE A SUCCESSFUL TRADER

You have to have a exact trading plan.
You have to believe in your trading plan.
When you start trading your plan, you have to follow it - exactly.
If you don't have a plan and follow it, you will not be successful trading.

1 - The trading plan
If I had to make a guess I would say most trader's probably trade their entire career without a trading plan.

Does that sound hard to believe?

Well if you don't mind, let's take a little test here .

Write down your trading plan.
A) How to enter a trade.
B) Where does the stop go.
C) Where do you take profits
.
And to me each of the above needs to be clear cut, no questions asked.

In other words anyone who followed your plan, would know exactly where to enter, where to get out, and where to take profits, at all times.

If your plan reads, I trade double bottoms, triangles, bull flags, or I use Stochastics, Moving Averages, etc. etc, I'm sorry but to me that isn't a plan, that is a hodge podge of chart patterns and technical indicators.

So let me give you an example of what I consider a trading plan, and this is just an example and is not an actual trading plan.

EXAMPLE PLAN - BUY

If the market trades above the 10 day high go long.
The stop if wrong is the most recent 10 day low.
If the trade moves your way, use the low of the last 10 days to take profits.

A sell example would be just the opposite.

Anybody that decided to follow the example plan above would know exactly what they were going to do before they even entered the trade, and they would know exactly what to do while in the trade.

2 - Believe in your plan
This is where paper trading and testing, will come in.
If you see the plan works before you start to trade it, you will be able to stick to the rules.
If you don't have an exact plan, you will never be able to follow it, quite simply because you really have nothing to follow.

3 - Follow the rules
This is where the going gets tough, because most trader's can't follow a plan.
And quit simply that is why most traders lose.
If you have a trading plan you believe in through, paper trading and testing, you will be able to follow the rules, because you will know overall you are going to come out ahead.

4 - You can do it!
If you develop a clear cut trading plan that works, and have the will power to follow it, you will be a successful trader.

Really the big secrets to a successful system are:

Trade with the trend
Cut your losses short
Let your profits run

Not much of a secret, right, everybody knows that.
Here's where I believe most fail even though we all know to trade with the trend, cut losses short, and let profits run.

Trading with the trend, cutting losses short, and letting profits run, can mean almost anything to anybody and that brings us right back to what we are talking about - we have to have a plan.

We have to know how to define the trend.
We have to have a specific rule for cutting losses.
We have to have a specific rule for taking profits.

Well I could go on and on from here, but I am also one of those people who believes in keeping it simple, so I think this is plenty for one lesson. So please before you ever trade have an exact plan, and then when you start to trade follow it.

You can do it !

Thanks !
Jim :-)

P.S.
When you start trading and feel like you are not quite sure what to do at any given time.
The answer is, follow the plan.

Using Stage Analysis to trade the Dow Jones

2009-11-02T22:16:00.025+01:00

Stan Weinstein wrote in his book 'Secrets For Profiting in Bull and Bear Markets' about the four stages that a stock or market could be in.

In the picture you can see the four stages, and in the next table you can read more about every stage:

Phase	Name	What do we see
Stage 1	Basing	MA 30 is turning flat and the market moves sideways.
Stage 2	Advancing	Trading above MA 30 and the market trend is up
Stage 3	Topping	We see a top in the market and MA 30 turns back flat and the market starts to trade sideways.
Stage 4	Declining	Trading dip under MA 30 and we have a downward trend

I thought, what good is a method without first trying it out in the real world? Well to show you how this Four Stage Analysis method works, I will zoom in on the Dow Jones Index, and see if it really works.

A picture says more than a thousand words so please take a look at the Chart of the Dow Jones Index and read the labels to understand how you can trade the Dow Jones using this method.

I will explain it a bit more in detail. I will get into the following:

when can I go SHORT at a possible top and when do I exit my position?
when can I go LONG at a possible bottom and when do I exit my position?

When can I go SHORT at a possible top and when do I exit my position?

Advancing phase
If we look at the chart at the far left then we see phase 2 (advancing phase), so a climbing Dow Jones. Trading is above the MA30 and the line points up.

Topping
We see that after October the MA30 starts to go flat and we see sideways trading taking place. We draw a support line (support 1) at the lows of the corrections that have taken place.

Breakdown
At the beginning of 2008 support (support 1) breaks down and we see that trading dips under the MA30. This can be a good point of entry for or to take a position but most of the times there will be so-called retest of the breakdown point. So it would be better to wait for that moment.

Retest
Between April and June we see a retest and we see climbing prices up to the support line that becomes now resistance.

Go short on the DOW
We wait until trading goes under the MA30. We also see that the RSI and MACD are pointing downward. At this point we go SHORT.

A little summary:

there has been a top phase (flat MA30)
MA30 points down
prices lie beneath the MA30
support is broken
we saw a retest
we see a further decline

When do I exit my SHORT position?
When we get back at stage 1 (base) we get out. In the graph that is around 8000$. We see that MA30 goes flat again. The MACD becomes positive and also the RSI. Really certain (what is certainty in the stock market?) are we when we get a breakout through resistance 1.

When can I go LONG at a possible bottom and when do I exit my position
This works exactly the same but then the other way around. We draw a resistance line at a possible bottom (resistance 1).

Bottom
We see here that as from April MA30 starts to go flat and that the market starts to move sideways. We draw a resistance line here (resistance 1) where a high was formed each time.

Breakout of resistance (resistance 1)
We get a first breakout at the resistance line (resistance 1).

Long on the DOW
We see that we get a retest of the breakout level and after that we see a bounce back up. We wait for this moment and also until the trading increases above the MA30 line. We also see a positive RSI and MACD. Here we go LONG and we close our previous SHORT position.

The trading method when you go from long to short and the other way around, is called SAR, or Stop And Reverse.

Conclusion
If you used this method to trade the Dow Jones you would have made a lot of money. You only had to take 2 positions, one Short and one Long and you could have a good night's sleep. Also the method is an easy method, you have to draw support or resistance lines, and you will use a weekly chart of the market, the MA30 and you are all set. You can enhance it all by using extra indicators like the MACD and the RSI.

Links of interest

Picking a top or bottom

2009-11-01T01:56:00.001+01:00

Many traders try to predict a top or a bottom, but reality reveals this to be a futile attempt and one which mostly ends with considerable losses.

If you try to buy at the bottom, then most often prices will drop yet even further or the stock will trade sideways which automatically means dead money for a long time.

If you attempt to predict a top then there is always the possibility that you are wrong and the high you had imagined is in fact the low of an ongoing rally to much higher prices.

BullionVault - Buying Gold online

2009-10-29T23:26:00.002+01:00

It used to be very difficult for private individuals to find a simple, safe and cost-effective way of buying, storing, and then selling gold.

The main problem was the sheer size of the investment you needed to make to access the best prices - and there were extra complications with integrity and storage too.

Direct access to the very best prices

BullionVault.com changes all this. It enables people from all over the world to own professional market gold and keep it in any quantity in officially recognized bullion vaults in London (UK), New York (USA), or Zurich (Switzerland).
All BullionVault gold is held in Good Delivery form. So when you come to sell, your buyer is able to trust the purity and weight of your gold, which is guaranteed by BullionVault itself because we know that you never had the chance to corrupt it.
So the dealing spread is typically 0.4%, about one-tenth of the equivalent cost charged to private customers for gold coins and small bars.
You can buy just a small portion of a 400-ounce bar. You can trade on-line in increments as small as 1 gram - currently about $30.
BullionVault is not a unit trust / mutual. There is no 5% front end subscription load. When buying gold you pay a commission whose maximum rate is 0.8%, falling progressively when you invest above $30,000 to the spectacularly low rate of 0.02%.
Storage charges are down to wholesale rates of 0.12% pa ($4 per month minimum) with insurance included. That's less than a tenth of the storage fees charged by retail banks, and less than one-third the annual fees charged by typical exchange-traded gold funds (ETFs).
BullionVault customers also save money because they deal directly with each other, willing seller to willing buyer, by using our order board.
You make a further big saving at settlement time too. You don't have to arrange for expensive armoured courier bullion collections.

BullionVault Registration

To register go to the main page of BullionVault. On it you have to enter your own user name. I will use a fictional user name to go through these steps.

BullionVault Registration Form

As you can see, I've entered my details, the user name I want to use, my own email address and a decent password. Next you have type over the three random numbers or letters that are generated. That is done to make sure it is a real person doing the registration and not a computer program. Last, you need to agree with the terms and conditions and you can submit the form.

Registration Completed

After clicking submit you will be brought to this screen confirming you your account was successfully created. Congratulations! You have made your first steps to becoming an actual gold trader. Now click on login to enter your details.

BullionVault Login

Fill in your user name and password.

BullionVault Account Balance

After securely logging in to BullionVault you will be taken to the Account Balance screen from which you can see you current balance in the currency in which you made the deposit of course. From this screen you can pretty much do everything from watching the prices, charts, buy gold, sell gold, deposit funds and basically everything one needs to trade gold.

BullionVault Markets

Clicking on the markets button brings you on the screen where you buy or sell gold. It shows the best bids and the best offers. Trading gold was never this easy. Those interested in doing a bit of trading and not knowing how then I suggest checking out BullionVault. They also have a pretty detailed help page and a help demo which guides you through everything.

Closing trades: UTS Energy Corp and Open Range Energy

2009-10-28T23:55:00.006+01:00

We close UTS Energy Corp and Open Range Energy Corp. These made a profit of 9.38% and 6.47%. UTS Energy Corp rose to more than 15% but I will put this lower result on the board. Probably these stocks will gain more profit, but I see a lot of stocks move lower and a lot of people are taking profits, so better keep what you have then loose more of your profits.

Keep remembering what I said: "take profit when you". It it is better to make a lot of small wins, that is more realistic and these all added up make also a large number!

Marketclub - UTS Energy Corp Trend Analysis
Marketclub - Open Range Energy Corp Trend Analysis

Links of interest

Is the NASDAQ Now in Thin Air?

2009-10-21T19:03:00.005+02:00

We have seen ever increasing stock prices since March, but isn't it time for some kind of reversal for the NASDAQ? In the video you can also take a look at the use for the Fibonacci Retracement I talked about earlier.

Watch the video

I also posted a video for the S&P 500 that may reverse that you can have a look at.

Is the S&P 500 about to reverse?

2009-10-20T22:35:00.011+02:00

Here is a new video about the S&P 500. I post this because I also think that there has to come some kind of reversal in the markets. We are getting at some very dangerous price levels in a lot of markets so watch out if you are still long.

Article
There’s no question about it, the markets can be very difficult at times. On the other hand, you can laugh all the way to the bank if you approach the markets in a systematic way.

I was looking once again at the S&P 500 and many people have said the market has gone up, not on the fundamentals, but on the perception that things are going to be better. Perception is one of the most powerful elements of the market. I would say that perception trumps both the fundamental and technical.

So what’s going to happen to the S&P 500? Is it going to continue going higher for the rest of the year, or are we close to a turning point?

In my new short video, I outline several key areas that this market is fast approaching. These levels could be the Achilles heel for this market and potentially set the direction for the rest of the year.

Watch the video

As always, the videos are free to watch and there is no need to register.
Enjoy the video, all the best.
Adam Hewison
President, INO.com
Co-founder, MarketClub

Links of interest

Amazing results of trade alerts

2009-10-19T22:51:00.007+02:00

We started this blog in August 2009 and already we have had some good results for our trade alerts. You can see them all at the right under results. All the trades were closed with a profit and there are still running a few trades that each day make more profit for you.

We will not say that we are the best, or promise you every week a new trade with a lot of profit. We just do our best to search for promising trades and put them on our blog.

In the results we don't look at transaction costs, or spread or whatever other costs there are. We just calculate the difference between the price of the stock/commodity when we gave the alert and when we closed the alert. So the results are to be interpreted keeping that in mind.

But the main topic of this blog is to become a better trader. And we enjoy learning more about trading, and when we get better we will write more articles that can help you get better at trading. We have a lot of articles on our mind, and we will add these over time.

Links of interest

Update UTS Energy Corp

2009-10-19T22:23:00.005+02:00

UTS Energy Corp is trading at 2.09 and got you a profit off +9.38%. We saw the MACD cross over and the RSI is getting near the overbought zone, but there is still a huge upside potential, the next stop will be around 3$ if all goes well. Now we are trading around the 23.6% Fibonacci level and 3$ is around the 38.2% Fibonacci (2.88$).

Click to get the current trend for UTS Energy Corp.

Chart courtesy of: Market club tools for the trader

Links of interest

Update Wheat future december 2009 contract long

2009-10-17T01:08:00.000+02:00

Prices ran up to a high of 529$. That is a nice profit of 7.08% or 31% with the leverage of 4.43.

And since I told you that if you have a lot of profit in such a short time and we were going into the overbought area, what do you do then? Well any answers, yes, we exit the trade, that is what we do.

Or you closed the trade on the 14th of October when it was climbing and you had more than 25% profit. Or you closed the trade when you saw the long-legged doji. This doji occurred outside of the Bollinger bands and mostly this together with a sell signal on the Slow Stochastics indicates a reversal.

Trade alerts

2009-10-16T23:37:00.025+02:00

To make it a bit easier to follow the trades I will add a reference here to the last trades and updates on trades.

Results for 2009
Results for 2009

December 2009
12/16/2009 Great panther resources limited TSE:GPR

November 2009
11/30/2009 Romarco Minerals and Acadian Mining
11/22/2009 Palladium long

October 2009
10/28/2009 Closing trades: UTS Energy Corp and Open Range Energy
10/19/2009 Update UTS Energy Corp
10/17/2009 Update Wheat future december 2009 contract long
10/13/2009 Wheat future december 2009 contract long
10/13/2009 Platinum Group Metals Limited
10/12/2009 Open Range Energy Corp TSE:ONR
10/12/2009 UTS Energy Corp
10/12/2009 Platinum long update
10/06/2009 Platinum long

Break out for Crude Oil

2009-10-16T23:15:00.003+02:00

The price of oil has been in a trading range (60$ to 75.55$) for months and now Crude Oil broke out and is trading at 78.7$. The trend has been up since May. Crude is getting a bit overbought so for a possible entry we will wait for a pullback.

Do you have a nice trade in mind then please share it with me and post a reply. I wish you all the best in your trading adventures!

“The Perfect Portfolio”

2009-10-16T22:08:00.018+02:00

I added this article written by Market Club because I use the Market Club trader tools. I also started checking out a video and after that I wanted to try their tools (30 days risk free trial).

Is there such a thing as a perfect portfolio? Maybe or maybe not, but there are certain times, and this is one those times, that it is practically a no brainer in how to make money in the market. That is why we call this approach “The Perfect Portfolio”.

It doesn’t matter if you have $10,000 or $10,000,000. It’s all percentages and this approach has averaged 6% a month over the last 42 months in some of the toughest economic time on record.

Show me the perfect portfolio

Right about now you might be saying to yourself, “Man this has got to be super risky and they must be swinging for the fences or using some highly speculative option plays, or worse yet, futures.” It is none of these. In fact, the approach downright conservative and in some cases only makes 1 trade a year. Now I understand that this is not going to make your broker happy, but whose money is it anyway?!

Okay, let’s get started. This is a two part video and I promise I will show you how these gains were generated and how you can easily replicate this approach. No one can guarantee 6 percent per month returns, but what I can guarantee is that this approach is proactive. There are very few trades and it works!

Let me tell you about the perfect portfolio in this video.

Update Wheat future december 2009 contract long

2009-10-13T22:48:00.000+02:00

It looks like I was right and wheat took of to a high of 513$ or a profit of 3.84% or 17% with the leverage of 4.43. The current price of 509.75$ is around the 23.6% Fibonacci level of 507.32$. Next stop if it will climb so high will be 549.37$. RSI is getting near to the overbought area so watch out the following days.

Platinum long update

2009-10-13T22:31:00.000+02:00

At last Platinum broke through 1,345$.

The current price is 1,355$ so when you entered the trade you currently have a profit of 4.31% without, or about 38% with the leverage of 9.

Today platinum had a high of 1,360. If you took the leverage you can always exit the trade and take your profit. 38% is a nice profit for such a short time. The trend for Platinum still looks strong and will probably go to 1,360$ and beyond, but at some point there will be a pullback because the RSI approaches the 70 level meaning it may be getting overvalue. So plan your exit when there appear signs of weakness!

Chart courtesy of: Market club tools for the trader

Alert Wheat future december 2009 contract long

2009-10-13T08:00:00.001+02:00

It looks like wheat is breaking out, currently trading at 494$. You can go long and take a Turbo or CFD with leverage around 4 or 5. the Turbo with Stop loss 417 has a leverage of 4.43.

Alert Platinum Group Metals Limited

2009-10-13T00:00:00.001+02:00

I like stocks that are cheap, and ok around 1$ it would be cheaper but nobody can predict a top or a bottom. The stock is now in a nice uptrend, and you know what I wrote: the trend is your friend. Volume is also picking up. Before the crisis it traded about 3 times higher! Now 1.57$.

Alert Open Range Energy Corp. TSE:ONR

2009-10-12T23:37:00.001+02:00

Open Range Energy Corp is trading at 2.01$. Volume is increasing to 3,4 million and has a strong uptrend. Also several analysts gave this a Buy or Outperform. I will post a chart later on.

Alert UTS Energy Corp

2009-10-12T23:20:00.001+02:00

UTS Energy Corp has a strong uptrend and has a current price of: 1.97$. MA 10, 50 and 200 are below the current price and we just had a MACD cross over. Before the crash this stock was 6.12$ priced in May 2008 so the stock is still cheap. A bid of 1.75$ in April was rejected. Once over 2$ the next high would be 3$.

Chart courtesy of: Market club tools for the trader

Platinum long update

2009-10-12T19:48:00.000+02:00

Platinum is doing what we expected but has some difficulty getting over 1,345$.

We can see that::

MACD made a cross over
RSI is not overbought
the current price is above the moving averages of 10, 50 and 200 days.

The current price is 1337$ so a profit of 2.92% without, or 26.32% with the leverage of 9.

You can always take your profit, especially when you took a product with leverage like a Turbo, or Sprinter or CFD.

What I read is that these products are not offered for citizens of the United States or United Kingdom. So if you want to have some kind of leverage you have to look for another product like a CFD (Contract for difference) maybe. These have leverage and you can also trade Oil, Gold, Silver, Palladium, Copper and so on.

Chart courtesy of: Market club tools for the trader

Seven market lessons guaranteed to improve your trading…

2009-10-07T23:48:00.004+02:00

I added seven free videos that cover the very basics of trading taught by Adam Hewison. These are a great educational resource that traders of all backgrounds will appreciate. And it will only take about 5 minutes per video.

Gold... game on!

2009-10-06T22:28:00.008+02:00

Gold hit an all time high today. Please look at this video that talks about gold and were it probably is headed?

Alert: Platinum long

2009-10-06T08:15:00.011+02:00

I wrote about this new platinum long alert this morning and wrote:

You can take the following position: platinum long. stop loss around 1200 or lower to be more on the safe side. I will add the chart later. Current price 1299

When you can make use of a turbo, please take the turbo with leverage 5 or 9.

This morning I just wanted to get the trade out fast. I saw yesterday that platinum seemed to be turning back up and waited till today to be sure. Well I'm back and here is the chart that I promised.

We can see that:

MACD is almost making a cross over. The blue line getting on top of the red line.
the current price is above the moving averages of 10, 50 and 200 days.
the daily trend is back up.

We closed the previous position on platinum just around the top and will try that also this time. Gold today is making an all time high and also silver is doing extremely well. So you better have a look at some silver trades (mines) also.

As I said this morning you can kick in a platinum long. For the traders who can trade Turbos please take the platinum long stop loss 1205. This has a leverage around 9.

The current price is 1312 so a profit of 1% without, or 9% with the leverage.

If you are not familiar with trading Turbos I will write an article about it, and maybe you will like it more than trading ETFs.

Closing Quest Uranium Corporation QUC.V

2009-09-24T20:06:00.033+02:00

I said on the 19th of August that I would keep a core position in Quest Uranium Corporation QUC.V and enjoy the free ride. And this stock rocketed and showed a profit of 224%. Around 170% I bailed out and stopped following this stock so this percentage last will be added to the results on the right for September.

Some traders don't know when to exit a trade so when for example the stock runs up to 224% and then everyday it looses a bit, first it goes to 200% then 180% and so on, before you know it, you are back to square one.

So at a certain point when you have a nice profit and when it goes down for more then a few days, breaks resistance, and/or trend lines or maybe the news is bad please exit the trade. That way you free up your money, take the profit and can look for another trade. When a few days or weeks later the stock still goes up, well never mind you did good and took your profit.

Two Major Technical Forces Are About to Collide in the S&P 500

2009-09-21T18:18:00.012+02:00

Since March the S&P 500 is 58% up, but isn't this remarkable recovery coming to an end soon? I would advice to be very aware that a correction will soon follow this up trend. Approaching October it will get more and more dangerous to be (long) in the markets.

Some contrarian traders have been shouting for weeks or months to short the S&P 500 or the Dow Jones and they have lost a lot of money. Do you remember what I posted earlier about following the trend? If you don't please reread that article again.

Please look at this video for a technical analysis of the S&P 500.

To follow the trend or not?

2009-09-20T23:12:00.013+02:00

You can follow the trend or be a contrarian and go against the trend.

A market can either go up (the price of stocks increase) or go down (prices of stocks decrease). The best way to make a profit is to follow the trend and on the long run you will make money when you use proper money management methods.

You have more than 50% chance that you are right when you follow the trend, the trend is your friend so stick with it.

Please look at the picture at the right and tell me what the trend is? It goes a bit up and down and so on, but clearly the trend is up.

When you want to see the trend visually, you can take a look at MarketClub, I've put a banner under this article, so if you want to check it out, they have a 30 day risk free trial.

How much money should I use to start trading?

2009-09-20T23:03:00.006+02:00

Keep these simple rules in mind when you start trading.

Invest whatever cash you have that you don't really need for anything else.
The best is to keep at least one year of salary at the bank so you don't get in trouble.
If you are just beginning with trading then don't start too big.
Since there are transaction costs involved in buying and selling you'd better start with at least 5,000$.

How to start trading?

2009-09-20T22:58:00.017+02:00

Because this site is brand new, we want to start from the beginning and want to add some articles how we started and improved our trading written from our own experience. Now and then more articles will be added to further improve your trading.

For starters

How to choose a position?
There is more then one method but for starters I would like to introduce the following method. The article covers a longer term investment strategy for trading the DOW but can also be used to trade stocks.

Four stage Analysis method

Free trading videos
Please take a look at these 7 free trading lessons that will teach you a lot that you need to know before you start trading. I will say it again and again, please first educate yourself so you know what you are doing before entering the markets or you will loose a lot of your hard earned money.

Free Email Trading Course

2009-09-18T22:18:00.004+02:00

You can now get a free series of educational emails from MarketClub.

I follow most of their trading videos to learn more about trading or to get some new ideas. When you start trading it is best to soak up as much info you can about trading so you´re not left alone in the woods. Most people loose money because they are not prepared, so prepare yourself before trading with your hard earned cash.

I will post the videos that I find helpfull here on this blog.

Buy and Hold…is it back?

2009-09-18T21:06:00.005+02:00

We kind of grew up with Buy and Hold in the back of our minds but at the beginning of the year I started wondering whether the classic Buy and Hold still works. And now I see more and more articles appearing that underline the very same doubts I am having.

Sure you can Buy and Hold stocks for a year or so, like gold, silver and uranium stocks and so on. But you have to actively monitor your portfolio and now and then kick something out.

Please watch this video about another way of trading.

Platinum long update

2009-09-14T23:22:00.007+02:00

Chart courtesy of:Market club tools for the trader

At the start platinum moved a bit down to around 1295 and after that went slowly back up to end around 1,311. Also gold and silver made a correction. Gold is now up again almost at 1,000.

I put some arrows on the chart. The blue one points in the direction of the trend and that is clearly up. The MACD has made nice cross over (upper red arrow) and the histogram is in the positive (lower red arrow). We made today the same high as yesterday but a lower low (2$ lower). Let's see what tomorrow brings.

Alert platinum long

2009-09-11T13:03:00.005+02:00

Platinum is getting back in the trading range, the MACD is back in the positive and the trend is clearly up.

So you can consider taking a platinum long stop loss 1115. For the Dutch reader you can take a turbo long stop loss 1115.

Current price 1291.

Chart courtesy of: Market club tools for the trader

Uranium stocks

2009-08-19T11:39:00.010+02:00

I predicted at the start of this year that uranium stocks would rise out of the ashes like a Phoenix since a lot of countries were showing an interest in uranium.

I followed Uranium One UUU.TO and advised to buy this at around 1.70 and sell at a previous top around 3.00.

Since that day there were some very decent results.

So I would like to advice to look at some uranium stocks and buy them when they are low. At current Quest Uranium Corporation QUC.V is in a nice uptrend. They recently had a pullback so for now it is up up up. They have a lot of drilling going on and enough working capital. You can read all about this in this article. And some more at 24hgold.

Two stocks have risen between 3% and 6% on one day and that are CanAlaska Uranium Ltd. and Uranium North Resources. I will look into these if these are potential buys.

If you have some uranium stock(s) that you like, then please send us a quick comment and we will look into it.

Nebu Resources Inc.

2009-08-10T21:19:00.009+02:00

August 10, 2009

Today I'm looking at Nebu Resources Inc. (Public, CVE:NBU)

Chart

All technical indicators are pointing in the right direction making this a favorite short term gainer in the coming days.

They just released some news about financing and an update on their exploration in the west timmins area.
The article can be read here

We've had a large pullback today so around 0.14 might be a good entry point into the stock.

Aug 24, 2009

The chart is still bullish and I'm looking for a continuation of this uptrend.

Aug 30, 2009

Position closed at 50% profit. For those still in the stock, the chart still looks good but taking your initial investment out (or a percentage of) and leaving only your profits running might be a good idea.

Rating

Alert brent crude oil

2009-08-10T16:33:00.014+02:00

Chart courtesy of: Market club tools for the trader

You can short the Brent crude oil now at around 71.1.

It has made several lower lows, so the short term trend seems to be down. Also Brent crude oil is around a resistance now.

Watch out because the longer term trend is up so if you have a nice profit, just exit the trade.

66.75 may be a target, so around 6% can be your profit if all goes well. With some leverage 30% is doable but I would begin to think about exiting the trade around 15%-20% so that the trade does not backfire.

Entry: 71.1

Rating

Mega Silver Inc.

2009-08-10T02:00:00.011+02:00

We've had SNS, Sabina and now we have Mega Silver Inc (Public, CVE:MSR).
Pure coincidence...I think?

This one I like right now for a number of reasons.

First we take a look at the chart

I'm looking at the price before there was even mention of the merger with Skybridge. The report about the merger you can read at marketwire :

Shareholders Approve Business Combination Involving Mega Silver and Skybridge

Looking at the stock back then, we were trading around 0.74
The merger took the stock up to around 1.15 and from their it went down to 0.66, that was the 8th of june.
We've hit that low again july 30th.

Now with the latest news released just friday things are looking up again for Mega Silver.

Mega Silver Advances Gold Projects in Red Lake, On., Silver Projects in Keno Hill, Yt., and the Blue Caribou Copper Project in Nunavut

Mega Silver is pleased to announce that it is drilling on two of three high grade metal projects in Canada.

Very pleased about that news. Not only about the fact that they're drilling two out of three highgrade metal projects but also about the fact they're also doing it in Red Lake, known for its large gold deposits...and also the place where Goldcorp made its name.

If you're thinking about investing I would suggest keeping the 0.66 as a guide to know when to get out if things do not work out, if things do work out start taking profits before it reaches 1.00

I'm expecting this one to put on a few points on monday.

Rating

Sabina Silver Corp.

2009-08-10T01:40:00.009+02:00

Sabina Silver Corp (Public, CVE:SBB)

About :
Exploration company, they are now mainly focused on their Hackett River silver-zinc project in Nunavut in the Canadian Arctic.

Now this one I really like. Good chart, strong upside potential.

Like the MACD, like the RSI!

The charts and news combined are both in favor of this stock making a short-term uprally.

Sabina Silver Announces Significantly Improved Recoveries From Hackett River Metallurgical Results

Really good news.

I think on monday we will see a continuation of fridays action. It wouldn't even surprise me to see this stock make a shortterm rally.

Rating

SNS Silver Corp.

2009-08-10T01:12:00.010+02:00

I'm looking at a possible new trade. Risk is higher so if you decide to invest my advice would be to only use a small portion of your finances.

We're looking at SNS Silver Corp (Public, CVE:SNS). (SNS) which is a Canada-based company engaged in the exploration and development of mineral properties.

Looking at the chart we had alot of sideways action around 0.10
MACD might just do a crossover.

Latest news was about a private placement Aug 7, 2009
http://www.marketwire.com/press-release/Sns-Silver-Corp-TSX-VENTURE-SNS-1027655.html

announces a non-brokered private placement of up to 10,000,000 units at a price of $0.10 per Unit, for gross proceeds of up to $1,000,000. Each unit will consist of one common share and one non-transferable warrant. Each warrant will be exercisable to acquire one additional share for a period of 24 months from closing at an exercise price of $0.20. The proceeds from the private placement will be used for completion of the scoping study on the Crescent Mine and for general working capital purposes. Funds raised may include up to a 10% finder's fees in cash or shares.

Rating

T-bond update

2009-08-09T19:04:00.010+02:00

Chart courtesy of: Market club: tools for the trader

The t-bond rapidly declined to 114.85 almost in a straight line and ended at 115.25 Friday. A 0.83% decline in one day. So far so good.

Alert t-bond

2009-08-06T09:45:00.004+02:00

We see more downward momentum for the t-bond with the extra amount of dollars that most likely will be printed and a declining dollar. Also the trend is downwards and the MACD almost crosses over.

Chart courtesy of: Market club: tools for the trader

Price: 116.4

Trading alerts and advice

2009-08-05T22:34:00.007+02:00

For about a year we are studying the markets especially the DOW Jones, junior mines, silver, gold, oil and also individual stocks. We did also focus on technical and fundamental analysis and keeping an eye on the global trend of markets and sectors in those markets.

The reason of this blog is to give you every month a few possible trades that we like that you can evaluate and trade yourself.

What we especially like to do is give a buy advice on stocks we like after some kind off pullback.

This blog is new, so some links will not work, but we will keep refining everything. At first it is just about the information we provide. The rest is all extra.

Each article about a new potential trade will come with a certain maple leaf icon. There are three versions which I will try to explain.

When we rate a stock with a golden Maple Leaf that means that we consider the trade to have more potential upside than there is downside in the very near term future. That also means we are of the opinion that we are more likely to see the stock take on higher gains than that it will go lower.

When we rate a stock with a silver Maple Leaf that means that we do consider the stock has the potential for a short term rally but it just means that the technicals (MACD, RSI, trend,...) are just not that good as with a golden rating.

When we rate a stock with a red Maple Leaf that means that while we do expect some upward action from this stock in the very near future we also conceed that the risk is much higher and the chart technicals at the moment of the posting are not so favorable as they would be with the other ratings.

Disclaimer
IN NO EVENT SHALL WE BE LIABLE FOR ANY LOSS OR DAMAGES OF ANY NATURE RESULTING FROM, ARISING OUT OF OR IN CONNECTION WITH THE USE OF, OR INABILITY TO USE THIS WEB SITE OR THE CONTENT, EXCEPT AS REQUIRED BY LAW. NOR DO WE REPRESENT THAT THE INFORMATION SELECTED FOR THE CONTENT IS COMPREHENSIVE, COMPLETE, VERIFIED OR ACCURATE.

Trading Terms

2009-08-04T02:06:00.011+02:00

On this page I will post some commonly used terms in trading with some explanation or a direct link to a page on Wikipedia containing the information.

MACD
MACD or Moving Average Convergence/Divergence. I could explain it here but if you study the page on Wikipedia on MACD I'm sure you'll do fine. Another useful link about MACD is found at the following stockcharts page.

RSI
RSI or Relative Strength Index is measuring the velocity and magnitude of directional price movement by comparing upward and downward close-to-close movements. Read the interpretation on Wikipedia here.

Trading Tips

2009-08-04T00:13:00.030+02:00

On this page I will be writing down a number of trading tips which might be of use to beginning as well as hardened traders.

Although the last category of traders should already have mastered these and even practicing them daily they should however not be forgotten.

1. When investing in the stock-market only do so with money you have already said goodbye to. By this I mean that in the worst case scenario if you do happen to loose all your invested money that there will be no bills which can't be paid, no loans which can't be paid off, no mortgage issues, no nothing. When you loose money on the stock market and it effects the normal course of your life then you are breaking rule #1. Remember this.

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2. Never invest more than 10-15% of your portfolio in any given stock. No matter what the news at the time is. I don't care if your neighbors wife's son in law whose uncle knows a good friend who happens to know the person who works at the local gas station where the CEO of company x fills up his gas tank. Whatever the reason, whatever the motivation. Never ever put more than 10-15% in any given trade.

3. Diversify. Don't put all your eggs in one basket. Try to find out the best markets at the time to dedicate your money to. That might be energy, gold, silver, copper, agriculture, oil, uranium,...whatever. Just find out which ones still have plenty upside potential and try to go with the trend. Ask yourself, which sectors might do good in this or that situation.

4. Never enter a trade without having first determined for yourself at which price you're putting your Stoploss if things should turn ugly, at which price you will Enter the stock and what your Exit position will be or rather when you start taking your profits. Stoploss, Entry and Exit or SEE! You SEE?

5. Don't believe everything you read, hear or see. The stock market is not just charts and it is not just emotion. It is sometimes a combination of the two, sometimes just either one and most of the times its something absolutely nobody has any clue about. So basically, always ALSO do your own research and follow your own gut feeling. Oh yeah, if that gut feeling turns out to be costing you more money than it gets you, just try to follow the opposite of your gut feeling each time and you'll do fine.

6. Study this highly informational video on youtube made by Stockjockey. Nobody likes a horse beater let alone a dead horse beater. Trust me on that! Don't let it ever get this far. If you did let it get this far then you probably have ignored pretty much most if not all of these rules. Like Stockjockey says, if you have gotten to this level, if you take just 1/10th of all the energy you use into beating that dead horse and use it to become a better trader you'd be far better off. Rule #6 is thus to try to never become the one beating the dead horse.

7. Try to learn what makes stocks tick, what makes investors tick. That way if you do happen to get that long awaited subscribed newsletter of the stock you're invested in you will know what to do. Sometimes the news will look very good and lo and behold...the stock is dropping faster than apples from trees? Sometimes the news is bad yet lo and behold again...the stock is rising? Try to find out why but now continue with rule #8.

8. Don't sell your shares cheaply. Though this rule has some overlap with rule #6, this rule however deals mostly with the events that lead up to the transformation of normal human being to dead horse beater. Most of the times when there is a sell-off everybody tries to get in, you keep lowering and lowering your price until at one moment you discovered that in fact you just have sold all of your shares at a bottom. Most of the times when we're in a rally everybody tries to shift their buy price up and up until they realized they just bought at a top. Don't pay more for your shares then what you were originally planning to pay for them. Either self-inflicted action can and sometimes will result in the dreaded transformation. This brings us right onto rule #9.

9. Sell on UP-days and buy and DOWN-days. I know I know, that's hard but try to master this single aspect of trading. Only break this rule on selling if there is really bad company related news or other non definable event which might have a very negative effect on the price of the stock and only break it on buying when there is really good company related news or other non definable event which might have a very positive effect on the price of the stock.

10. Rule #10 will be to study all above posted rules and understand them until I find the time to write a new rule #10 in which case this rule #10 will become rule #11 and so on and on.

YeOldGoldNugget's links of interest

Ratings

2009-08-03T02:53:00.001+02:00

Each article about a new potential trade will come with a certain maple leaf icon. There are three versions which I will try to explain.

When we rate a stock with a golden Maple Leaf that means that we consider the trade to have more potential upside than there is downside in the very near term future. That also means we are of the opinion that we are more likely to see the stock take on higher gains than that it will go lower. Basically, low risk, calm but steady gains over time.

When we rate a stock with a silver Maple Leaf that means that we do consider the stock has the potential for a short term rally but it just means that the technicals (MACD, RSI, trend,...) are just not that good as with a golden rating. Basically, medium risk, gains could be greater short term.

When we rate a stock with a red Maple Leaf that means that while we do expect some upward action from this stock in the very near term future we also concede that the risk is much higher and the chart technicals at the moment of the posting are not so favorable as they would be with the other ratings.

Disclaimer

2009-08-01T20:51:00.006+02:00

Government required disclaimer: The results listed on this site are sometimes based on hypothetical trades. Plainly speaking, these trades were not actually executed. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under (or over) compensated for the impact, if any, of certain market factors such as lack of liquidity. You may have done better or worse than the results portrayed.

IN NO EVENT SHALL WE BE LIABLE FOR ANY LOSS OR DAMAGES OF ANY NATURE RESULTING FROM, ARISING OUT OF OR IN CONNECTION WITH THE USE OF, OR INABILITY TO USE THIS WEB SITE OR THE CONTENT

Keep in mind that trading on the stock market in general comes with great risks and can result in substantial financial losses. The stocks we pick are based on our own opinion and research and should not be taken as trading advice. That's were the disclaimer comes in. If you do however feel the need to invest your money in the stock market then first have a look at our trading tips page, just in case you missed any.

Affiliate links
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We will not make statements that products from affiliates are better than what they are in reality.