How can I swot up to effectively read stock charts?

Do they teach it contained by college, books, etc..?

Stock Broker ask?



Answers:   If, as it appears that this is your first foray into investing, my own recommendation would be that you cram to look at company fundamentals first. (Learn it well.)

Company fundamentals provide you trading sanctuary, charts can then backing you spot opportunity and danger.

I'd also recommend looking at profusely of charts before you "study" them. Try to find the pattern first, try to look at charts(along with fundamentals) and practice trying to predict what is going to come subsequent. When you start to have somewhat success, next look at some of the texts that be already mentioned, and they'll make much more sense to you.

The book I'd recommend (other than the others) is Rule #1 Investing.

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Don't dissipate your time in college or business academy or finance classes. Stock chart reading is regard by many within the 'investment' community as voodoo, really because most don't understand it, and don't realize that charts are not fail-safe predictors, but rather increase the likelihood of making the correct prediction. Charts fail, but so does fundamental analysis. However, by using charts effectively you will greatly increase your likelihood of making the right stock selections.

In vocabulary of how to read them, don't buy a book, you can find any number of websites that talk nearly common chart pattern. Learn 4 common chart pattern, how to recognize and profit from them, and to be exact all you call for. Keep it simple.

5 patterns to query:
cup with fiddle with
double bottom
flat base
principal and shoulders

Investing?


Learn to read candlesticks.

You can find information on these on websites like investopedia.com, or from books, resembling Steve Nison's Beyond Candlesticks.

After you read about them, overt a demo trading account, use candlestick charts, and trade away.

I option you the best!
Jim http://jsforex.blogspot.com

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I would buy a course with some friends to spread the costs. If you are in close proximity a large university, you could check enrol in university as a special student possibly in the grad conservatory. There are on line tutorials that you could explore. I would check out Amazon.com, if you want to "glass shop" for a book. This is not a subject that is qualified in the bookish world.

try http://www.decisionpoint.com/TAcourse/TA...
http://stockcharts.com/

good luck

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You can probably find some books just about it at any big library. And I'm sure you can also buy such books at Amazon or some other bookstore. A standard is Technical Analysis of Financial Markets by John Murphy

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