With Candlesticks?…. Be honest now… 😂 When you pull up a stock or ETF and there are candles, volume, timeframes… Are you thinking…. “Yep. That definitely looks like a chart. And it’s going up and to the right.” 😂 In my newest investing basics video, I break down how to make sense of stock charts, without turning you into a technical analysis wizard and muddying the waters with complicated TA (technical analysis) jargon. And there’s one thing I REALLY want to help beginners understand about charts that could save you from making some questionable assumptions about what you're seeing…..Just the basics you actually need to know to get started. If you know the basics, what do YOU use stock charts for? Do you ANALYZE them before investing…. or mostly just glance at the price direction and MA’s? I’ve been working hard to make regular, beginner friendly videos …. if you watched the video, was it helpful and clear? And please let me know what you would like to see next! https://youtu.be/w5fKjYfRDdE
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19 Comments
ROVERGALARGA @hugimelo · 8h
I only know how to use one candle, and it's not for investing...🤭
SuperGrowth Stocks @kyle_profits · 7h
Definitely! Always refining my system.
Jason @retiredjay · 6h
Unpopular opinion.... The reason stock traders fail at a 95% - 99% rate, depending on the study? Because they think past results can predict future results. When you realize that short term (hours to months) share price is 100% unpredictable, thats when you'll throw away charts, and start looking at businesses
SammyD @wallstreetmexican · 7h
Teaching my 8 year old daughter this: “ in order to go RIGHT ➡️, you have to look LEFT ⬅️.. because LEFT , will tell you how to Move RIGHT “ In other words look at your previous market structure’s Higher Highs (HH)and Lower Lows(LL). … then ✍️ draw a line by finding a Trendline connection between 3 LL’s and HH’s.. that will tell you a story of pattern recognition . This will tell you if it’s a down trend ↘️or an up trend ↗️
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