Low priced stocks and TA?

Discussion in 'Technical Analysis' started by cashclay, Feb 24, 2016.

  1. Redneck

    Redneck

    CC

    Some can..., and do..., and it works for them

    Those that do..., have quieted their emotions to the extent - they hear..., even feel the mkt..., with no internal noise affecting their ability to perceive..., interpret..., act


    Now.., the real question: Can you? (rhetorical)

    If you can't..., then you'll need to advance yourself to a point you can (assuming your goal is to attain this level of skill)

    =================

    As to your original question: Can TA be applied to low priced stocks as it can high priced stocks?

    The answer is yes

    But to get to yes..., you must understand what TA can do..., vs. what TA cannot do

    Over the years TA has been bastardized into that of a forecaster - it can't do that..., it never could do that (nothing on earth can foretell impending order flow)


    TA is a gauge / measuring tool

    Which it does quite well..., and always has

    =================

    The nuances with lower priced instruments

    Volume..., liquidity..., volatility


    RN
     
    #11     Feb 25, 2016
    cashclay likes this.
  2. cashclay

    cashclay

    wow that was very well said. thank you
     
    #12     Feb 28, 2016
    Redneck likes this.
  3. Redneck

    Redneck

    You are Very Welcome Sir!!!

    RN
     
    #13     Feb 29, 2016