INO Blog

About Adam, the Author of INO

What would you like our readers to know about you?

From a professional standpoint I have been involved in the markets since the early 70s so I've seen pretty much everything come and go at least twice. There is nothing new in the markets. The markets can only do three things, they can go up, down and sideways. As an investor and trader your challenges is to determine when the market is going up and when the market is going down. As a former member of several major exchanges both in Europe and in the United States I feel confident in both my judgment and my professional approach to the markets. Above all we want to do the right thing for our members and our users. Ethics play an important part in our company and in the way we conduct ourselves on a personal level. I'm very proud of my staff all of whom share similar ethics .

It’s your blog and you’ve invested so much time into it. Is there a personal connection in your writing to your end users, or do you strictly write what interests you?

That's another good question. Certainly one wants to be responsive to your readers and I think to large part we are. Every so often I think it's important to make a comment on the country and the economy. As we do business in over 40 countries we are very cognizant of the international scene and address that in our blog postings.

In other words, if you find that your readers enjoy specific topics, does that influence what you write about?

I think most of our readers enjoy reading about how to make money. So to answer your question does that influence the way we write, absolutely because we are catering to people who want to become better traders and who are willing to put in the time to achieve those goals.

Blogging the Financial Markets

How long have you been blogging?

We have been blogging for a relatively short period of time. I would say about two years. What we like about blogging is that it gives you a canvasin which to paint ideas and concepts on for your readers.

What got your started blogging?

We just saw this as an adjunct to our normal business of helping investors and traders become better. It allowed us to present ideas in more detail and then link to other interesting parts of our blog.

What is the focus of your blog, i.e. how does it set you apart from the other bloggers out there?

On the marketclub blog we focus on teaching users how to invest and become better traders. We do this through the use of videos showing tips and techniques that most uses would not ordinarily see. As I said this has worked out well for both our users and ourselves

What is it you hope a reader will come away with when they visit your blog?

Our mission has always been to educate the user in becoming a better trader. If we succeed in helping just a small portion of the thousands of users that come to our blog every day then we feel we've achieved something to be proud of.

Do you like to be edgy in your posts and try and stir up some controversy?

That's a very good question. We don't try to mix it up for all to see when you're dealing with money you pull in emotion like greed and fear . Sometimes this can lead to some pretty interesting interchange between our uses in ourselves. The key for us is to always be open and show what we feel about the markets. Users may not agree with our opinions all the time but I believe they respected our market knowledge and the way we present ourselves in a businesslike fashion

If no…What do you think about bloggers who have this kind of approach?

Normally when you get onto a blog where people are ranting and raving it gets to be a contest of wills . It is usually an indication that this blog is going to be short lived. Nobody wants to go to blogs were they getting personally attacked for whatever reasons. On the marketclub blog we want to be professional, approachable, and above all treat our users with respect.

If yes…Do you think it being edgy gives you a boost in subscribers?

Quite the contrary, I think by being edgy the you actually alienate users and you lose subscribers. That is my opinion. I'm sure there are lots of other opinions out there that are totally contrary to mine on this particular subject.

Trading since 1972

Do you trade the markets? If so, when did you start to trade?

I do trade the markets, not as much as I used to. I started trading in 1972.

What is your favorite instrument to trade (stocks, options, forex, futures, bonds, etc.)

My first love in the trading arena has to be the Forex markets. That's were I made my fortune and that's why I love those markets so much.

What is your favorite strategy to trade?

I tend to be more of a swing trader as it fits the profile of the Forex markets.

What time frame do you like to trade?

That largely depends on the markets themselves. I am not a day trader so I guess I would be classified as an intermediate term trader. Trades can be on for several days or several weeks depending on the strength of the trend.

For someone new coming into the markets, what steps would you recommend they use to get started?

One of the important things that any novice trader can do is just follow markets, learn how to chart, build your confidence and finally when you've done that begin to paper trade. What makes money in the market is not if you're right or wrong its confidence.

What is the biggest stumbling block you see for most beginner traders, i.e. where do you see them making the biggest mistakes?

We have written about this extensively on blog. One of the biggest mistakes I see is no game plan, no discipline, and no using stops. It's amazing to me that more people don't wipe out faster when they lacked these essential trading tools.

In today’s trading environment, where do you see the biggest opportunities for traders?

I think in the next several years energy trading will continue to grow and I think we'll see new investment trading vehicles that reflect the new green economy. I also see the opportunities in the Forex markets which every year provide amazing profitable trades.

What do you see in store for the markets in 09? If a turnaround, when do you see that happening?

I do not expect to see a bottom in the stock market until the first quarter of 2010. It is like the 1929 crash is going to take 34 months from the high as we saw in 2007 to the bottom we see in 2010.

If not a turnaround in 09, why not?

It's sort of like someone who is fat, or I should say overweight. they didn't get overweight over night. they got fat by eating too much food over time. Its kind of like the economy, we didn't get into this much do do overnight , it is taking years mainly because people spent too much money they didn't have and they speculated too much on real estate. We are now paying for the consequences of that now.

Do you use technical analysis?

Extensively.

What are your favorite technical indicators?

My favorite tools are the ones we have on marketclub and that is our Trade Triangle technology which has worked incredibly well. And not just in the last several years but of the last two decades. This is a market-proven, market tough approach that can handle any kind of crisis.