Trading Tools
Here are some useful sites that I use to help me trade
1. Online Broker – www.zecco.com is the online broker that I use and I’m very happy with it. Commission is only $4.50 each trade and I get 10 free stock trades per month.
2. Stock Screener (Free) – http://www.dojispace.com is a site that I use to find stocks base on technical indicators such as moving average, exponential moving average, macd crossover, stochastic crossover, RSI scan, candlestick bullish and bearish patterns, volume and price crossovers, on balance volume indicator, average true range (ATR), Commodity Channel Index (CCI), bollinger band crossover, Money Flow Index (MFI) and more.
3. Stock Charts (Free) – http://stockcharts.com a site that I use for charting. They offer very good charts for various technical indicators.
4. MarketClub – www.marketclub.com is a software that I subscribed to and is by far the most useful one. I made some good money with this software. Here are some features that this software offers
- Unlimited access to online seminars, workbooks and educational videos from top professional traders like Linda Raschke, Mark Cook, Chuck LeBeau and many others. They show you how to trade stocks using their own strategies and how to make money in the stock market. This is a great feature for beginners as well as experienced traders. You can always learn new things about trading that you never knew before.
2. Trading Signals (Trade Triangle)
- MarketClub scans the market and generates buying signals based on their predefined trading system. Each stock is giving a score from -100 (strong sell) to +100 (strong buy). The green arrows in the following figure show buying signals generated by MarketClub’s trade triangle system, whereas the red arrows show selling signals.
- The charting platform allows you to create a personalized watch list so that you can trade efficiently without missing any stock. It can be used for any type of market such as stocks, futures, forex, mutual funds, and ETFs.
A friend introduced me to MarketClub when I first began trading three years ago. I didn’t listen to him because it costs about $38 a month. I would rather invest this money in the stock market. During my first year, I was trading based on current news and didn’t know anything about technical analysis. As a result, my portfolio was down by almost 50%. Then I decided to start all over and gave MarketClub a shot. I spent hours after hours learning about technical analysis and trading tips from the seminars and videos that MarketClub provided, while following all the signals generated by MarketClub’s triangle technology. In less than a year, I tripled my money. If I can do it, then you can do it too. The software is great for both beginners and experienced traders. I’ve found a lot of good stocks to buy from using their software and some stocks went up over 40%. However, if you are looking for a magic software that would make you a millionaire in a year, then MarketClub is not for you. You need to spend time learning the material that they offer and take full advantage of the package.
Click here to visit their site and try out the software yourself. They offer a 30 day money guarantee policy so you got nothing to lose if you don’t like the software.
Please do some more research on your own and see if any of these tools matches your needs. If you do decide to subscribe to any of them, please use the links above. That way I get compensated for referring you to them.
