You're welcome.....my pleasure........start out learning the Bollinger Bands, Moving Averages, MACD, RSI, Fast & Full Sto's & the Vol. Indicators: Accum/Dist, OBV, CMF, FORCE etc...........
Learn Japanese Candlestick patterns.....very important......checkout the stickie posts.....step by step for posting charts & T/A slide show........
Good place to start......checkout the most common Indicators used by Ihub members that post charts.......keep it simple @ 1st.......
Use MA's(10, 20, 50, 100 & 200) when charting........use intraday charts: 15, 30, 60 min. Charts for accurate real time analysis for entry & exit points......use daily charts for EOD analysis......use weekly & Monthly charts to see where a stock may be headed........
Learn the Importance of Vol.......Vol. is a major indicator of future price movement.......very important to checkout Vol. 1st when charting......if the Vol. isn't there don't bother, move to the next stock.....alway's follow the Vol......when the Vol. leaves so should you.......(there are longer term sleeper plays where there's an expectancy of a pop from news....FDA approval, contracts, mining results etc., but in general avoid low vol.)
Learn what an Uptrend & downtrend is and how to spot them......if you're long only trade stocks in an uptrend, unless it's a bounce play(bounce plays are usually just quick trades)........stocks trading above the Middle Bollinger Band/MA(20) are in an uptrend.......stocks trading below the Middle BB are in a downtrend.......very important......the trend is your friend!......don't fight it......and don't throw good money after bad...........
Your 1st loss is your best loss......if things start to sour it's best to exit as soon as possible......1000's of stocks out there.....don't get attached!........stocks are just dates......don't get married......lol......
& most importantly, have fun........this is a marathon not a sprint........you don't need home runs to get rich......the rule of 10 & 7.....a 10% gain for 7 days = a 100% gain.........Rome wasn't built in a day.......neither will your financial freedom.......
Don't go all in........don't play w/ more than you can afford to lose......take your profits along the way.......don't trust what anyone says......trust the charts.......they don't lie.........
This is the Art of War.........welcome to the battle field!........$$$
