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FREQUENTLY ASKED QUESTIONS

What is the ClosingTrend Indicator?
It is a proprietary indicator discovered in 1992 by Market phenom Rich Schlegel a.k.a. TraderRich. It has been  tested and used under real market conditions with amazing results. Before using it to trade with "real money", TraderRich used his ClosingTrend Indicator to dominate both the  CNBC/USA TODAY Investment Challenge, and the Ameritrade  Investors Cup (Click here to see the proof ). After years of careful testing in real market conditions using real money (click to see real sample) TraderRich is allowing a limited number of savvy Traders to share his secret through ClosingTrend.com!!!




How does it work ?
The ClosingTrend indicator monitors the intentions of the market players who move the market everyday in the final two hours of trading, a.k.a. "The Close". Everyday at 2 p.m. Eastern time an update will be placed in the Members page with the results of that days Indicator reading.  It is a very simple to understand call which will predict that days  predominant closing trend, which will be either STRONG, WEAK, OR FLAT. Knowing that information two hours ahead of time with a strong degree of certainty is what ClosingTrend.com offers.





How do I use it?
Knowing the Markets short term forecast is extremely powerful but only part of being successful. It is imperative that a Trader develops a Trading plan that uses strict money management techniques and principles. How a Trader uses the ClosingTrend indicator depends on their trading style and goals. We highly recommend that a Trader "paper trades" or practices without using real funds until they feel comfortable that they can effectively trade profitably using the ClosingTrend indicator. More detailed  information is located in the F.A.Q. page of the Members area.





Who should use this ?
Anyone who could benefit from knowing short term Market direction. This includes traders in the Stock, Futures, and Options markets.





What Markets does it follow?
The ClosingTrend Indicator follows the U.S. Equity Markets, specifically the Dow, Nasdaq, and S&P 500.