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Money Talks

Investing and trading can be a lonely!

It can be a solitary existence when you're sitting all by yourself at a computer, looking at potential candidates, staring at those endless rows of ticker symbols as they crawl across the bottom of the screen.

There's no one around to talk with, no one to bounce ideas with, and no one to throw up a red flag

when you're on the brink of doing something really stupid.

So what's the answer?

Would you be interested in an opportunity to join others who find themselves in the same situation?

What if you could meet on a regular basis with a group of likeminded individuals who are interested in trading the stock market?

That's the idea behind a trading investment club which brings together like-minded people on a regular basis.

People who participate in a trading investment club spend time each month to learn from each other. Different investors bring a different level of experience and a different depth of knowledge from which you may be able to benefit.

It's based on the old theory of iron sharpening iron.

Participants in a trading club will pool a small amount of month each month into a central account that is controlled by a collective decision.

Trading clubs determine what stocks or indexes to buy, how to set targets and when to exit positions.

The trading clubs offer a relatively safe and supportive space that offer traders the opportunity to learn from each other.

Imagine being part of a forum that allows you to discuss trading positions with other traders.

You can talk about the possible merits of a position and hear their feedback.

You'll be able to get the input of multiple traders and understand why they are in favor or opposed to a trade.

A trading club offers you the chance to....

*Expand your knowledge base and learn about stocks, indexes and ETFs that you probably weren't even aware of

*Discuss your ideas and get input from others, with the goal to become a better trader

*Continue to grow your education and expand your understand of analysis and investing

After weighing the facts, the trading club will vote on whether or not to take a position and how much of its pool to allocate.

By having numerous members participate in the club, it reduces the risk of making a spur-of-the-moment decision that's too risky or not given the proper amount of consideration.

Trading clubs have been around for many years.

They've been a staple on many college campuses and are growing in popularity around the world.

One network has more than 24,000 people in 50 countries that speak 15 different languages.

Learn more about trading clubs and how they may be a beneficial tool for you.

Join Owen O'Malley for a

FREE ONLINE CLASS

that will inform you about Investment Clubs!