trying to get started on Tech Analysis
- Thread starter csun589
- Start date
Yes. Put all the books, website, software and courses in the trash can. Same for anything related to Jack Hershey/SCT.
There, just saved you a year or more of useless wandering.
Then search on "Price Action" on this site, and start learning how to trade using it. Prepare to spend a lot of time watching your monitor, if you want to make money. Or you can try shortcuts, which will enable you to lose money faster.
here's a good place to start...
StockCharts.com's ChartSchool
http://stockcharts.com/school/doku.php?id=chart_school
for more advanced in depth discussion/analysis... do a search right here on ET.
StockCharts.com's ChartSchool
http://stockcharts.com/school/doku.php?id=chart_school
for more advanced in depth discussion/analysis... do a search right here on ET.
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Yes,csun ,see this, write this down.;
Jack Schwager top trading books & TA book,
William O'Neil books explains it well.
Support dosnt mean much in this bear market [SPY,QQQQ,DIA...];
even in ''fierce'' bear rallys, support doesnt mean much in a bear market,
50 day moving ,200 day moving averages help.
Alan Farley say bears live below 200 day moving averages;
bulls live above 200 day moving averages.
Wisdom is profitable to direct.