News and Stocks - Candlestick Patterns Explained by TechniTrader®

How to Trade Stocks Without Listening to News

Whenever I see a feature about a company on the front of a popular magazine or in the news, I am confident that the stock of that company is probably at an extreme and a very high risk for either a steep retracement or a reversal of trend even before checking the stock chart. That is because magazines and general news media only report on companies after the fact and after the stocks have been moving for a long time.

A few Professional Traders have even tried to develop a sell short trading strategy based around popular magazines featuring a company on the front page or as a major story. It is not a sure thing, but some professionals have found that they can sell the downside very well once the stock starts to tumble. The requirement is a confirmed topping Candlestick Pattern action using appropriate indicators.

LEARN MORE at TechniTrader.Courses

Trade Wisely,

Martha Stokes CMT

Chartered Market Technician
Instructor & Developer of TechniTrader Stock & Option Courses