Is it really possible to take all the information you need about a stock from charts?

Discussion in 'Trading' started by Lloyd W. Coutee, Oct 16, 2015.

  1. pk3r1234

    pk3r1234

    Well think about it.. If a stock just had amazing news and it's gone up 100% for the day but begins to crash.. are you not going to take profits? when everybody is continuously selling
     
    #21     Oct 18, 2015
  2. dartmus

    dartmus

    Typically news is orchestrated to insure everyone who bought gets stopped out before positive news reappears. Three day pb will generate a lot of despair but news is an unpredictable variable. It's more likely to be manipulated to everyones detriment in individual stocks than it is in the indexs.

    If it's beginning to crash it might already be a bargain. The opportune time to sellshort is well before it's obvious.
     
    #22     Oct 18, 2015
    NoDoji and Lloyd W. Coutee like this.
  3. Time Horizon
    Fundamental analysis takes a relatively long-term approach to analyzing the market compared to technical analysis. While technical analysis can be used on a timeframe of weeks, days or even minutes, fundamental analysis often looks at data over a number of years.
     
    #23     Oct 19, 2015
  4. Comm would never be a problem. Just focus on how to make profits. There're so many prop firms. Personally, it's not difficult to find the one that is suitable for me. There are so many different combinations for all parameters, comm and payout.
     
    #24     Oct 19, 2015
  5. Still I think charts do not always say truth. Sometimes they lying.
     
    #25     Oct 20, 2015
  6. Still I think charts do not always say truth. Sometimes they lying.
     
    #26     Oct 20, 2015
  7. Redneck

    Redneck

    And so long as you think that - they will


    eta - Lot of broken traders think TA doesn't work - they are also correct


    RN
     
    Last edited: Oct 20, 2015
    #27     Oct 20, 2015
  8. I don't think reading charts and TA are the same things.
     
    #28     Oct 20, 2015
  9. Lots of very wealthy traders call TA nonsense and unfortunately for you, most TA proponents are broke.

    jim rogers.PNG
     
    #29     Oct 20, 2015
  10. BY design they are deceptive-- why do you think FX dealers who win when you lose have extensive free TA education for their clients?
     
    #30     Oct 20, 2015