Free Email Trading Course

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?

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

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.