Archive: Training Updates

To be a master trader, never stop gaining charting knowledge, continue to practice your craft and refine your art and never, ever give up. Remember these four important words: 1. Knowledge, 2. Practice, 3. Refinement, 4. Persistence. The greatest of these concepts is persistence and we will deal with it last. 1. Knowledge: “Study to…

https://youtu.be/BLENsvOyfOo Why do we love the Altria chart? Have you seen its insanely accurate weekly vertical crossovers? The Altria weekly chart crossed over going up on Friday. If you follow the show on a daily basis, you knew it was coming and, hopefully, practice traded it. Besides having a killer-accurate chart, Altria is only $50…

The malware is off the website, it’s clean and working again. In celebration, here is Chapter 4, “The ETFs We Track” from our book, Charting Your Way to Wealth: Link: https://youtu.be/RnXP9yVAfjE We monitor four ETFs each day for training purposes:  SPY (an index fund tracking the basket of stocks representing the 500 large- and mid-cap companies…

https://youtu.be/rXqABevQQFc Backtracking is the use of stock charts to locate trends so you can successfully follow future price movement. In this training video we show you how to find trends worth following in stocks and ETFs where you are most likely to have successful practice trades. Here at Charting Wealth, we focus on the reality…

https://youtu.be/TRYa7xq5L1o Market Timing Doesn’t Work. Oh Really? The naysayers claim that market timing does not work. At ChartingWealth.com, we disagree. Every single day the market is open, we track the S&P 500, NASDAQ 100, 20-Year Government Bonds and Gold. Follow the markets with us and see how we chart and track the ebbs and flows…

What is the next step after paper trading? Buying and selling fractional shares (small dollar amounts) of real stocks/ETFs to see if you really have the skills you think you have. With fractional shares you can put very little money at risk, but you are able to truly test yourself and, at the same time,…

If the highest aim of education is not knowledge, what is it? It’s ACTION! Knowledge is stagnant, if not coupled with action. Action without knowledge is wasted movement. If your browser is not displaying the embedded video, click here. Learn how to put your trading and investing knowledge to use and make money in the…

Our Book: Charting Wealth, Chapter 5, Candlesticks for Visualizing Price Movement If your browser is not displaying the embedded video, click here. Candlesticks offer traders a visual method for charting price movement. This indicator was developed in the 1800s by Japanese rice traders. The reason the method is called “candlesticks” is because the graphical representation…

Discipline Equals Freedom in Stock Trading & Life “Discipline Equals Freedom” is a great quote by former Navy SEAL, Jocko Willink. It sounds counter-intuitive. Isn’t freedom the lack of discipline or rules per se? Listen to this short tutorial and learn the truth about achieving real and lasting freedom! If your browser is not displaying…

Charting Wealth, The Book, Chapter 4, Understanding Time Frames If your browser is not displaying the embedded video, click here. When you look at a stock chart, what are you actually seeing? It is price movement within some moment of time. It may be what the S&P 500 or the NASDAQ 100 did within the…