Step 1

Each day, I visit their site multiple times during trading hours and scan for new stocks using the Smart Scan feature. I look at the stocks with a score of +100 and study them.

Step 2

Sometimes, there could be dozens of stocks with a score of +100. I only focus on the stocks that are making moves meaning it has to go up at least 3-10% during that day.

Step 3

Then I pull up the chart for each stock and study them and decide which ones to buy. If the volume is good and the end of day chart looks bullish, I will consider buying the stocks. That is how I found my recent stocks MGM and MPG which are making big moves in the past few days and today.

I also use MarketClub at market close to get a list of stocks for the next trading day using the same condition. I pay special attention to the stocks that are trading higher or gap up on the next trading day.

Click here to visit MarketClub for more information

Step 1

Each day, I visit their site multiple times during trading hours and scan for new stocks using the Smart Scan feature. I look at the stocks with a score of +100 and study them.

Step 2

Sometimes, there could be dozens of stocks with a score of +100. I only focus on the stocks that are making moves meaning it has to go up at least 3-10% during that day.

Step 3

Then I pull up the chart for each stock and study them and decide which ones to buy. If the volume is good and the end of day chart looks bullish, I will consider buying the stocks. That is how I found my recent stocks MGM and MPG which are making big moves in the past few days and today.

I also use MarketClub at market close to get a list of stocks for the next trading day using the same condition. I pay special attention to the stocks that are trading higher or gap up on the next trading day.

Click here to visit MarketClub for more information

Commission fees are NOT the only thing that you must look for when you do your research. Other factors also play significant roles in your decision such as account minimums, trading tools, customer service, account security, and speed. There are also many other factors that may play a role in your decision making.

After thorough research and personal experiences, here are my top 3 recommendations for traders:

1. OptionsHouse.com

Well-known For:

- $3.95 per stock trade

OptionsHouse is one of the best and cheapest online stock brokers. The transaction cost per stock trade is $2.95 flat rate. The cost for trading options is 5 for $5 or $8.50 +.15/contract. The cost for spreads is 10 for $10 or $12.50 +.15/contract.

OptionsHouse is ranked the best for option traders by BARRON’S 2009 & 2010. It is backed by Peak6 Investments, L.P. One of the largest options trading firms in the U.S.

Virtual Trading with OptionsHouse

OptionsHouse offers a great virtual trading platform to test your stock and options trades. Learn to trade or test your strategies – before you invest. The system is built and tested by professional traders with more than a decade of experience, their virtual trading platform delivers the same professional-level tools, data and functionality as their live platform.

Trading Tools

OptionsHouse trading tools include streaming charts and news, volatility charts, a probability calculator, and an options hotlist, to name a few. Many of these tools were created by the options-trading pros at PEAK6, who continue to use the prototypes to generate and test option trading ideas.

Professional Investment Coaching

OptionsHouse Investment Coaching helps you learn how to more effectively capture opportunity and manage risk in your stock and options trading. The integrated learning environment offers you a customizable, self-paced solution based on your needs. Learn the PEAK6 Methodology and become a more effective investor who understands market risks and opportunities.

Promotions

OptionsHouse has a bunch of promotions that you can choose from upon signup.

1. Free 1-year subscription to Barrons.com

2. Free 1-year subscription to Wall Street Journal

3. 100 commission-free trades.

Click here to visit OptionsHouse to learn more.

2. Zecco.com

Zecco is the online broker that I use and so far I am very satisfied with their service.

Well-known For:

- No minimum amount required to open an account.

- FREE online stock trading

- 10 free stock trades per month – No fees or commissions when you maintain a $25,000 balance or execute 25 trades each month. Otherwise, all trades are just $4.50, which is one of the cheaper options available.

- The 25 trade qualifications include stocks, options, and ETF trades and the 10 free stock trades count towards the 25 total. This is certainly great for swing traders.

- Low options trading costs: $4.50 + $0.50 per contract.

- No inactivity or maintenance fees. No fees to close account.

- A variety amount of stock trading, research, and analysis tools.

- Zecco Forex- Trading Platform for foreign exchange traders which was rrecently released.

- Excellent Customer Service

The only downside to Zecco is that in order to receive the 10 free stock trades per month, you need a minimum of $25,000 in your trading account or you must execute at least 25 trades each month. You will not be eligible if you execute any amount below the 25 trades that is required. Anything beyond 25 trades is $4.50 per transaction and you are not allowed to receive more than 10 free stock trades for that month even if you execute over 25 trades. However, Zecco is still relatively cheap compared to many other online stock brokers, charging only $4.50 per transaction, which is half of what TD Ameritrade charges for their commission.

Click here to visit Zecoo to learn more.

3. E*Trade.com

Well-known For:

- #1 online broker for 3 years straight.

- 100 free stock trades.

- Good customer support, trading tools and banking services.

Click here to visit E*Trade to learn more.

Trading is a business and a business with no plan is set to failed. You need to constantly take notes on what works and what doesn’t work. You need to identify your weakness in trading and try to avoid them. For example, emotion is a big enemy for many traders and they fail to trade successfully because of that.

What is Trading Master Plan?

Trading Master Plan is a stock market guide that will teach you how to have a trading plan and trade better in the stock market or any market.

What will you learn from Trading Master Plan?

Understand & Utilize highly profitable Japanese candlestick charts and patterns. You’ll be able to get in trades earlier and exit with more profit and higher reward to risk ratios.

You’ll learn supply and demand concepts that move the markets. You will learn how to ride waves of demand up and sell when it begins to fade. Take advantage of novice traders who make the same mistakes over and over again.

The core concept of price cycles. Using this concept will keep you on the right side of a trade every time.You’ll be amazed how much easier trading becomes when you stay on the side of the power and let the river take you upstream.

You’ll get in depth training and understanding of core technical analysis concepts. You’ll know when to buy and when to sell before you enter a trade. Just using support and resistance is the basis for hundreds of successful trading systems.

8 dynamic buy and sell setups that are proven to work and have stood the test of time. Combined with the money management rules you’ll be stacking the odds in your favor BIGTIME this isn’t gambling, this is trading with an edge.

Discover how to strategically place your stop loss and save yourself from huge losses right out the gate.With your proper stop loss and risk management in place you’ll have the confidence to follow your plan knowing that the odds in your favor.

23 trading rules that the author use to trade in today’s markets.

Trading Master Plan Bonuses
15 Case Studies from Actual Trades. These visual journals come packed with valuable trading knowledge. Learn to read supply and demand by examining the details from these trades.

Members Access To Trading Video Lessons. You will have instant “MEMBERS ONLY” access to a growing library of trading video tutorials, chart lessons and mp3 audios and Ebooks.

Money Management Calculator Software. This amazing tool will… Automate your trading, freeing up more of your time. Maximize your profitable trades, while minimizing any losing trades.

Click here to visit the Trading Master Plan site to learn more.

• Win not one, but SEVEN live international trading championships with annual gains as high as 315%…
• Produce $1,023,174 in actual profits in just 26 days of trading, and…
• Start out with just a $4,600 trading account, and within his first two years of trading, make over $460,000.

• The Dow dropped -358 points in the first few hours of trading this morning) then you should take a look at this…
• Last week it dropped -500 points in a single day…
• Right after we witnessed 8 straight down days in the market for the first time since the height of the 2008 financial crisis.

Regular investors and traders have been fleeing the market like a sinking ship this week.

• She turned $42 into $1,625…
• She turned $284 into $18,014.90…
• She turned $384 into $22,014.88…
• She turned $707 into $43,239.76 …
• All told her $7,400 became $226,467.39 in just FOUR MONTHS!

• If you lose 25% in a downturn – you need to GAIN 33% just to breakeven
• If you lose 33% in a downturn – you need to GAIN 50% just to breakeven
• If you lose 50% in a downturn – you need to GAIN 100% just to breakeven

• If you lose 75% in a downturn – you need to GAIN 300% just to get your money back
• If you lose 80% in a downturn – you need to GAIN 400% just to get your money back
• If you lose 90% in a downturn – you need to GAIN 900% just to get your money back
• If you lose 95% in a downturn – you need to GAIN a WHOPPING 1900% just to breakeven!

(THE HEAD AND SHOULDERS IS IN), (SPX), (VIX)

From the desk of John Thomas The Mad Hedge Fund Trader Thursday, August 04, 2011

The Bipolar Economy. “Exclusive Content for Macro Millionaire Coaching Students Only” Click here for more information on this exclusive service for serious traders. Has the Market Become Bipolar?

P.S. If you’d like to sit side by side with me and let me help you multiply your portfolio like a winning hedge-fund manager then I’m happy to mentor you and share my specific trades as I make them just click here to get details on my breakthrough Macro Millionaire coaching program & trading service.