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  1. #1
    Rookie Member

    Cool Market Club Indicators !!!

    Hi All!

    Well being new to all this, I've done considerable reading/research and have finally decided to give it a go!

    Now there seams to be a lot of good info floating around, but also a huge amount of crap, hence my first post on your board, the first of many I hope!

    Okay, to the point: I've done a lot of reading on a trader by the name of Keith Mann of http://www.howtotradebinaryoptionsprofitably.com and one of his recommendations is to use an indicator service known as Marketclub at http://club.ino.com This is a paid service and presently it is $8.95 for a months trial, followed by monthly, quarterly or yearly payments, $500 a year as I recall.

    Now although I'm new to trading, I'm not new to the net, yet for the life of me, I don't seem to be able to find any unbiased info on Marketclub either on your board or anywhere else. So if any of you out there have any experience with them, good or bad, please let me know?

    Thanking you in advance and happy to be aboard!

    Jay Simone (Thailand)

  2. #2
    Rookie Member
    P.S.

    I did find a review of Marketclub here: http://www.swing-trade-stocks.com/ma...ub-review.html But I think it's an affiliate view, as they have an on-page link, and therefore probably not unbiased. It looks good, but then again I am new to this!

    Thanks again,

    Jay

  3. #3
    Specialist Member RCox's Avatar
    Hi Jay, I am always interested to see who pops up with the next attempt at offering a master trading system. Generally speaking, these types of things are almost always nonsense. Essentially, this means that if you are not sure about something -- dont trust it (or buy it). I am not familiar with MarketClub but I have taken a look at the site and it does look very "black box" in that when you click on the Our Tools section, all this really tells you is the markets covered and upward and downward arrows for the signals. This should send warning signals because it doesnt actually tell you how the signals are produced. It could literally be anything -- an oversold reading on an RSI, for example, could be what generates a BUY arrow. Another area that is ridiculous is that they say their tools are adapted for specific markets. Technical analysis doesn't work like this. The identity of the underlying asset is not taken into consideration.

  4. #4
    Rookie Member
    Thanks Richard, input much appreciated. Just looking to separate the wheat from the chaff!

  5. #5
    Rookie Member
    Just me again!

    Been doing a little more research and these guys have a hell of a traffic rank with Alexa. See below:

    ________________________________________

    How popular is ino.com?

    Alexa Traffic Ranks
    How is this site ranked relative to other sites?

    Global Rank
    Global rank 13,431

    Rank in United States
    United States 5,631

    ________________________________________

    As well as this their tutorial is well impressive. See link: http://club.ino.com/join/our-tools/tutorial

    Really appreciate it if a few of you pros could take a look and give a little feed back.

    Thanks again...

  6. #6
    Rookie Member
    Wow this forum is confusing!

    I'm inquiring about an 'Indicator Service', not promoting a business.

    I have no affiliation with this company whatsoever, hence my placing of this post in the following section: (Binary Options Trading Tools and Indicators)

    Starting to feel like you can't ask a question here unless you're a trusted member with 6 million posts to your credit!

  7. #7
    Administrator Martin Kay's Avatar
    Sorry about this, Lately Im fighting spammers and scammers all around. Moved back again and opened for discussion

  8. #8
    Master Member Bogdan G's Avatar
    Quote Originally Posted by Jay-Thailand View Post
    Wow this forum is confusing!

    I'm inquiring about an 'Indicator Service', not promoting a business.

    I have no affiliation with this company whatsoever, hence my placing of this post in the following section: (Binary Options Trading Tools and Indicators)

    Starting to feel like you can't ask a question here unless you're a trusted member with 6 million posts to your credit!
    But, Jay, your question was answered by RCox who gave you his honest opinion about that signal service or whatever it is. I think it's just a misunderstanding which seems to be resolved now (your thread is in the original place).
    My opinion on using Market Club: Don't!
    Welcome to our forum. You will get your questions answered and you dont need 6 million posts for that.

  9. #9
    Moderator Kolyo's Avatar
    Hi Jay and Welcome to CommuniTraders!

    The forum rules are simple and not confusing at all. We don’t suspect you that you have any kind of affiliation with that company and you don’t need to have a million posts to ask any kind of question here!

    However we are trading community, which fight against scammers and liars and that’s why we are more cautious when new signal service offer is placed in the forum. Most of the traders here prefer to learn and to trade by their own and not to follow black box services. That’s why we want to carefully examine every new service presented before giving any kind of recommendation. In general services like the one presented by you won’t receive good evaluation, unless they have well presented historical results and real free trial period, not paid one. For this service, you presented I don’t see such things even it has good SEO ranking. That doesn’t mean nothing if the other factors are not in place.

    I wish you good luck and be sure that all the members at CommuniTraders are open to discuss any software, tool or service out there, but they are skeptical most of the time about them.

  10. #10
    Rookie Member
    Sorry about this, Lately Im fighting spammers and scammers all around. Moved back again and opened for discussion
    Understand, thanks Martin.

    But, Jay, your question was answered by RCox who gave you his honest opinion about that signal service or whatever it is.
    Kinda hoped to get something a little more informed. You can't access the tools section, so I don't know what he based his opinion on? Demo looks good though.

    Anyway, I think I'll try their free demo when I'm a little more advanced.

    Just trying to ascertain who is who, what is what, and who to trust.

    Thanks,
    Jay

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