At some point in your life, you probably have heard people talk about the stock or trade market. You may ask yourself, “How do I get started in this?” It may seem confusing and frustrating to understand, as you might not know where to start or how to begin.
However, Market Chameleon can help you get over those obstacles. It can provide you with the tools you need to be able to understand how this entire market works.
In this, we will review Market Chameleon to see if it could really help you, as well as check out the tools and features it offers. We will also see what the benefits are and what makes them a good choice.
What is Market Chameleon?
This is a fully web-based service. This means you have limitless access to all the tools and information you need. It can help you figure out the different options for trading and stock. You can get real-time statistics that help you make better choices when buying and selling stock. This site will even present trading ideas to help you better find the companies that will earn you the most money to invest in.
Market Chameleon will offer different plans for you when you sign up. These plans are designed to help you succeed, no matter what skill level you are. Here is what they have to offer.
1. Free Plan
There is a free option that you can choose from. It is, however, very limited in its function but provides you with enough of an experience to get your feet wet and learn your way around Market Chameleon.
2. Stock Trader Plan
This plan costs $39.00 per month. It comes with the basics tools and more than what the free version offers. This option gives you more access to their reports and screens of stocks that are happening.
3. Options Trader Plan
The second choice is the Options Trader Plan. The cost of this one per month is $69.00 and comes with different courses of action. With this plan, you will get access to options chain data and market screeners.
4. Earning Trader Plan
The next plan they have available is the Earning Trader Plan. The price per month for this choice is $79.00. It includes Options and Earning Screeners and different options for earning report tools.
5. Total Access Plan
Last but not least is the Total Access Plan. For $99.00 per month, you can get access to all the plans they have to offer. Everything that is available on their website is yours to use, and you can get the information that you need.
Now that you know each plan has different things you can use, it is best to determine which one would suit the needs of what you are trying to get out of Market Chameleon. Each plan offers a variety of features that you can use to suit your needs.
Market Chameleon has many different features that you may be curious to know what they are. As mentioned above, these choices have different access points that you can get. Let’s go over some of the distinct features that this site offers
Unusual Options Volume Screen
This is one of the free tools that you get to use. It is a great tool because it can help you from putting your money into something that could end up being a fake. If you see a high volume of something, there is a chance it could be false.
This tool keeps you aware of things to look out for that you wouldn’t have thought about checking before. As volume numbers can sometimes spike, making you think it is something worth putting your time into, only to end up being a letdown soon after.
The Watch List Feature
When looking through screens, you are able to add some to your watch list. This feature will allow you to get up to date information on the stock you are interested in. In addition, you can set up an alert to go off on any of your watch lists when something changes in stock.
By using this feature, you are getting the ability to track your stocks program to see if it goes high or low. You can also create different lists for each type of stock you want to keep an eye on. This can let you know how each one is doing without having to search for it again.
You can’t sit at your computer and watch every little thing that happens throughout the day. This allows for flexibility, so you can focus on the tasks you have to do throughout the day. While you do that, Market Chameleon will monitor things for you.
All about Earnings
Earnings are the key to this site. There are quite a few tools regarding earnings, which at first can be a little overwhelming. However, once you begin using it, you will see that this part isn’t so stressful.
As you work your way through the program, you will find new strategies to help you earn more. Each feature is specially designed to help you see the data and statistics from a new perspective so that you stay ahead of the curve.
The market can be very unpredictable, and it’s important to be prepared for any change or shift that may be ahead. By utilizing the features that Market Chameleon has available to you, it will help you to always make sure you are one step ahead of the market.
The Earnings Calendar is a very useful feature that Market Chameleon offers. It will help you strategize by showing you the price reactions to the stocks you are interested in. You will be able to see the way it looks before, during, and after the earning release comes.
It will also show you what will happen based on what choices you decide on. This helps to give you an idea of what’s a good decision and what’s not. It keeps you on task and on track to make smarter decisions and more money.
Earnings Option Strategy Screener
This is a special tool to help you maximize your earnings each season. With this, you will be able to get a visual representation of what strategies are available to you. It will ensure you are prepared for any changes in the market to help you get the most out of your income.
Here are a few of the strategies we found to be some helpful ones.
- Covered Call – This one allows you to collect your earnings before release.
- Naked Put – This one is a little more on the risky side. It is best for those who have the money to put aside or who have experience with the market.
- Call Spread – This is a cheaper, yet safer strategy for newcomers.
It’s important to know which strategies are available to you. Market Chameleon will not only show you what you have at your disposal, but it will also help you make an informed decision about the best choice to make.
It’s important to remember that not only are you dealing with real money but that real money is coming out of your very real wallet. You can’t afford to make the wrong choice. Market Chameleon’s features help you stretch each dollar as far as it can go.
What Sets It Apart
While there are many different types of marketing solutions out there, Market Chameleon is unique. It offers customized plans to help fit your level of experience. It also has a diverse and wide range of features and tools that most other options don’t have.
You will be able to see the results of your labor and get help to make the right decisions to make your dollars go further. It will help you see what works and what doesn’t to help you customize your strategies and marketing plan
Pros and Cons
We want to make sure you know what you are getting into. Nothing is perfect, and we want to help ease any concerns you may have. So here is a list of some of the pros and cons that we found useful to know.
- You can get a free 7-day trial.
- Tools designed specifically for its service.
- Free tools to use before you decide, if like the site.
- You can create watch lists with ease.
- It offers different options plans to choose from to meet your own personal choices.
- Offers different strategies to aid you in getting the most out of your money.
- The website is a bit outdated.
- It can be a little harder for newcomers to grasp.
- It is not very forthcoming on how to navigate the website.
- Not all the features are as helpful as other features it has.
With all that we have found, would we recommend Market Chameleon? Yes, especially to the people who have been into stocks and trading for a while. It is a very useful tool with many powerful features to help you generate more income.
If this is something that you would be interested in, we highly suggest you look into starting with Market Chameleon today! Why wait for money, when you can start earning more today?
ABOUT THE AUTHOR
Romain is an independent trader and investor specializing in financial market analysis and trading systems. He worked as a professional long/short equity trader for a trading firm in New York and has a passion for building mechanical trading strategies. He has been in the industry since 2008.
This post expresses the opinions of the writer and is for information, entertainment purposes only. Romain is not a registered financial advisor or certified analyst. The reader agrees to assume all risk resulting from the application of any of the information provided. Past performance is not a reliable indicator of future returns and financial trading is full of risk.) Please read the Full Disclaimer