Entries from April 2009 ↓

After a spectacular rally from the lows seen last month, the S&P appears to be running into overhead resistance.

Is this the pause that refreshes, or is this the pause that reverses the market back towards the lows?

I have said for some time that I was not that confident that this rally would continue as our long-term “Trade Triangle” remained in a negative mode. In my new video I outline the key areas that I believe will shape this market in the coming weeks and months.

The video features our “Trade Triangle” technology as well as our Fibonacci tools. I will also remind you of a concept that has been around for a while, but one that you might not be aware of.

No matter what happens, you are going to see some extraordinary markets and some wonderful opportunities to make money in the next 6-9 months.

Some investors may be hoping for the best, but be prepared as we might see another dive.
I highly recommend students of the market to take a few minutes and watch my latest video. Even if you’re a seasoned pro you may find what you see interesting and therefore profitable.

As always, my video come is complimentary with no strings attached, watch this s&p 500 technical analysis

If you are about to start, or are already in the process of learning how to trade, or day trade, you may have already been searching the internet using Google or Yahoo for trading education, tools, software or seminars, and have found that there is a lot on offer.

For example “trading course” brings up 758,000 pages in Google and “trading seminar” another 109,000 pages, the question is what should you be looking for when selecting a trading course or seminar. In this article I’ll point out some of the things to check before spending your hard earned cash on your trading education.

1. If buying a live trading seminar check carefully where the location will be, have you fully priced the expensive of travel, hotels, meals and car rental?, it may be a lot more than you expect.

2. What is the return policy, this can vary widely between trading education companies, for some you only have a 3 day cooling off period while for others you may have up to 12 noon or the end of the 1st day to ask for refund if you decide this was not right for you.

3. For a live seminar are you also given DVD’s of the same or similar content?, so often live seminars fail to cover all the very important details involved in day trading. Having a set of DVD’s enables you to watch the content over and over again at home until you get it. Beware that some companies will charge you extra for the DVD’s even though you have already paid for a live trading seminar.

4. Check the internet for feedback on the company and trading seminar. Use search terms like “company name review or “company name scam”. Often reviews are posted in trading forums, these can be found by searching for “trading forum”.

5. In advance try and find out exactly who will be presenting the seminar. The last thing that you want is a professional “teacher” giving a seminar on trading, what you want is a “trader” who makes his living by trading and only does a few seminars a month out of interest and for personal reasons, not because they need the money.

6. If you are buying an online day trading or investing course where the content is 100% viewed online you should get at least a 30 day 100% money back guarantee, if not stay away.

7. If you are buying a course or seminar in which DVD’s and manuals are being shipped to your house, again you should expect a 30 day 100% money back return policy, less shipping and handling, again if not stay away.

8. It’s very likely that you will have questions after taking either the live or online course or watching the DVD’s, make sure that you will be able to ask questions and have them answered, either one on one or in a forum setting.

9. Last, but certainly not least, before buying do a lot of window shopping. The price for trading seminars, either stocks, options, Forex or futures varies widely from $50 for an ebook to over $25K for a comprehensive set of training. You may be able to find the same education much cheaper at a different company.

Also be aware that trading education and seminar companies are always running specials and offering discounts, before you buy search the internet carefully for any deals and also call the company directly and ask for a low price guarantee. In other words make sure that you are paying the lowest price that they are offering the product for.

Hans Jacituz is a chartered professional engineer, full time trader and internet business owner. Read more educational articles about day trader training at http://www.topdogstrader.com

Day trading can be one of the most profitable careers in the world, that is if you learnhow to do it correctly.

You need to master a number of key skills but they can be sumarised as follows:

• Learn how the market works
• Develop a trading plan and strategy
• Back test and paper trade the plan
• Take action and start to trade your plan
• Use correct money management and money risk rules
• Continue your trading education

If you are finding that you are not getting anywhere with your day trading you prpbabily need to get some more training, you may already have had some training but I don’t think it will have been as good as the expert day trader that I found.

This expert is called Dr Barry Burns, I started to read abd study his day trading strategies and it completely turned my trading proformance around.

I strongly suggest that you checkout his material, you can even get a free 5 day video day trading course in which he reveals some of his best setups.

Go to Day Trader Training and signup for his free course, you will not regret it

I bought the Barry Burns courses through his website over a year ago and have been very happy with the trading education that I have received from them.

If you are not familiar with the courses there are two main ones:

1 The Foundation Course

2 The Momentum Course

Each course builds very carefully on the previous, video by video, many of the lessions taught in the previous videos are repeated in futures ones so you really have no excuse not to learn and become an expert stock trader.

The material is very generic so you can apply it to whatever market that you trade, stocks, options, forex, futures, emini, gold, oil, bonds etc

The best way to get a feel for the course is to sign up for the free 5 day video couse and see if his style of education is right for you, I think you will like what you see

Free 5 Day Video Trading Course