The platform is useful for day traders, swing traders, and long-term investors as it offers to scan for different time frames.
MarketClub was founded in 2002 by Adam Hewison, a former floor trader. The trading tools are for traders built by traders. Whether you are a stock market beginner or an experienced trader, you will find their system useful and easy to use.
The MarketClub trading platform uses real-time data which allows day traders and swing traders to find quick trade setups. Long term investors can also take advantage of their system to find stocks that are currently undervalued.
Stock Scanning for Trending Stocks
MarketClub has a stock scanning platform that allows traders to search for bullish and bearish stocks based on their Trade Triangles technology. It rates each stock on a score from -100 to +100 where -100 is the most bearish and +100 is the most bullish.
You can filter stocks by your preferred time frame such as daily, weekly and monthly. Short-term traders will find the daily and weekly trade triangles helpful while long-term investors might find stocks they like from the monthly trade triangles.
Using the trade triangle system, I've found a lot of profitable trade setups and new symbols for swing trading.
My Strategy
I use the stock scanning system to find a list of stocks with a score of 90+. These stocks are either trending up or momentum stocks that are going strong.
By focusing only on the stocks with a score of 90 - 100, I eliminate 90% of stocks that are on a downtrend or trading on the sideline.
Then I manually study the charts of these stocks and determine which ones I want to watch or trade. I have a set of rules and criteria to buy and sell stocks, having a MarketClub score of 90 is one of the rules for me to enter a trade.
Beginners can follow and test out this strategy using the Trade Triangle and see how well the system works for them.
Traders can use their stock analysis service to check the score of any stock and help them analyze the stocks that they want to buy. Traders will learn whether a stock is in an uptrend or downtrend and if it is a good time to establish a position.
Smart Scan
MarketClub has a Smart Scan which is a technical stock screener that has the ability to find long-term and short-term trending stocks, as well as long-term and short-term stocks that are trending down which is perfect for traders who want to find stocks to short.
Traders can also use moving averages to scan for stocks such as daily moving averages recently increasing over past performance. (10dma > 20dma > 50dma).
All these stock scanning functions can be further filtered down by price and volume giving you the most comprehensive custom search.
The Smart Scan is a great tool for traders who already have a trading method and just want to find stocks that meet their trading criteria.
Whether you want to go long or short on stocks, you will find plenty of stocks to watch with the Smart Scan.
Stock Alerts
MarketClub has a stock alerts system that allows you to set up custom stock alerts so that you will never miss a trade that you like.
You can set up an alert based on a price breakout at a certain price level, daily, weekly, and monthly trade triangles, chart analysis showing positive or negative scores, charts making 1-week, 3-week, 4-week, 52-week high and lows, stock charts that are showing weak or strong trend patterns and so on. You will get an email alert once a stock matches up with your filtering criteria.
Stock Charting Platform
MarketClub has a nice stock charting platform where you can see all the technical indicators on a stock chart as well as the score given to each symbol.
You can also draw trend lines and Fibonacci retracement on the chart. Trade triangles are also on the chart so you know where the buying and selling signals are.
What I like the best is the ability to incorporate the Trade Triangles into their charts. Traders can show monthly, weekly, and daily triangles on the chart which gives buy and sell signals.
Trading beginners can take advantage of these signals and learn how to trade by watching these signals. Experienced traders can use the signals to confirm a trade that they already have in mind, or test the signals against their own trading method.
Trade School
MarketClub comes with a feature called trade school where you can download pdf and audio files from expert traders. They teach you a lot about stock trading and technical analysis. This is especially helpful if you are a stock market beginner.
Even if you are an experienced trader, you will still learn a few tips from these people. You can have all the trading tools and systems in the world, but if you don't invest the time to learn about stock trading, you will still fail to make money trading stocks.
Data Central
MarketClub gives traders an easy way to download market data. Traders can look up any symbol with different time frames and export the data in various formats. The following time frame is available.
- 1 Minute
- 5 Minute
- 15 Minute
- 1 Hour
- Daily
I don't use this option much, but if you are backtesting a trading strategy, exporting the data might be helpful since it gives you a way to test your strategy against historical or intraday data.
How much does MarketClub cost?
There are mainly three pricing options for MarketClub members depending on how long you subscribe.
- Monthly Membership - $59
- Quarterly Membership - $150
- Yearly Membership - $449
The yearly membership offers the most value since it would save you about $259 per year than if you were to pay month by month.
MarketClub $1 Trial
If you are not sure if MarketClub is for you, but still want to check out their trading tools, here's the good news, you can test out all the tools that MarketClub offers for 30 days for only $1.
You can cancel at any time if you do not like their trading platform or if the trading tools don't work well for you.
Click here to try MarketClub for 30 days for only $1
MarketClub Review
Here's my MarketClub review after years of using it for swing trading. I like their trading platform as a swing trader, although sometimes they give a trading signal that is a little late, which also protects you from risky trades.
The trick in stock trading is to be patient and wait for the right trade setups, not overtrading. Whether you are a swing trader or a day trader, you will find trade ideas that may bring you profits. Their system is useful for beginners as well as advanced traders to find stocks that are currently trending.
I've found many stock winners throughout the years with MarketClub, and since they are offering a $1 trial for 30 days, there is no reason not to test it out. It could help you find your next winner.
Click here to try out MarketClub yourself
MarketClub Options is an addon to the MarketClub, which is an options course taught by Trader Travis, a formal investing champion. Throughout the course, you will learn how options work, the different types of options strategies, and how Wall Street traders use options to trade profitably under different market environments.
If you are a total beginner, there is an Options 101 eBook that introduces the basics of options trading and gives you step-by-step instructions on how to get started.
In the options blueprint, Travis walks you through how to find stocks that are suitable for options trading, how to time and manage your trades, and how to only trade when the odds are in your favor.
There are many training videos included in this package to get you started quickly and avoid the common mistakes that most traders make when they first begin options trading. Members can ask questions and share ideas with a community of traders and get answers from Travis.
Please note there are additional costs for MarketClub Options since it is an add-on to the main MarketClub platform. If you are not interested in options trading or are already a profitable options trader, you do not need this options course.
If you want to learn options trading, but are not sure if MarketClub options are right for you, you can signup for Travis mini email course for free to get a feel of his trading lessons and see if the options strategies that he teaches make sense for you.
You can also pay for the $1 trial that MarketClub offers for 30-day access to all the tools that they offer including MarketClub Options.