Hone Your Analysis Skills with a Few Simple Techniques
Advanced Analysis of Candlestick Charts for Trading Stocks gives you more opportunities to trade high quality stock picks that earn more profits per trade.
This should be your goal with every trade you make: Higher profits per trade. Taking pennies for profit on a trade will result in lower overall income from trading at the end of the year.
Remember, your time is a cost factor. Trading frequently with small nickel and dime profits increases risk, wastes time, and is extra work. Trading high profit stocks, trading only when the patterns are ideal, and taking whole points per trade will increase your success and income dramatically.
Often traders focus on finding a reversal or continuation pattern but fail to see the entire picture of what the candlesticks are telling you.
Candlestick Charts for Trading Stocks provide a visual that is far easier to read and understand than any other charting type. Here are some tips on what you should be studying in a chart:
Martha Stokes CMT
TechniTrader technical analysis using a TC2000 chart, courtesy of Worden Bros.
Chartered Market Technician
Instructor & Developer of TechniTrader Stock & Option Courses
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