Newbies Investing Questions

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Q. Why do we constantly hear about charting? A. Because anyone can see "something" in a wiggle. Charting is easy, like reading tea leaves. Some thin pamphlets purport to teach everything you'll ever need!

Fundamental stock analysis is hard, requiring high level knowledge of accounting, business, history, markets, competition, law, taxation and vastly more. Fundamental security analysis can take decades to learn.

Charting has something for everyone. Brokers and financial writers love charts because they encourage frequent trading. Your broker will never tell you to buy a few good stocks, or an index fund, and hold them forever. That would be occupational suicide for him.