Day Trading & Advanced Swing Trading
By James Leeds
Can you say technical overload? Charts, charts and more charts, but what do they really mean?
Even the best investors sometimes get swept up in the charts, and fail to analyze their true meaning beyond that of what's printed. To understand the charts, pick up a book like stock market trading for dummies, or something similar. You simply have to know how to read and interpret charts in order to successfully trade stocks.
The sad truth is, too many investors rely SOLELY on the charts.
If a chart shows an upward trend, but you know that they are about to release a bad financial report, no chart in the world would make me hold that stock, unless I envisioned it being a long-term gainer.
Trust yourself, read charts, and interpret them using that magnificent thing that hides between your eeyes, and behind your forehead.