"Study the past if you would divine the future." | Confucius

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  • charting wealth social link
  • charting wealth social link
  • charting wealth social link

Understanding the Big Picture When Trading Stocks

by Charting Wealth in Training Updates

20

Apr

2017

by in Training Updates


At ChartingWealth.com our goal is to “trend follow” by using simple charts with an action plan for achieving maximum profits.

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Successful stock trading is what we are all about! Here is our video stock chart training and trend review featuring the S&P 500, NASDAQ 100, Bonds & Gold. We urge you to “Follow the charts, NOT the noise!” and want to help you follow the market and improve your knowledge of stock and ETF movements.

Since our objective with stock trading is to follow trends and predict future prices, it makes sense to focus on price movements. Price movements usually precede fundamental developments. By focusing on price action, technicians are automatically focusing on the future.

The market is a leading indicator and generally leads the economy by 6 to 9 months. To keep pace with the market, it makes sense to look directly at the price movements. More often than not, change is a subtle beast. Even though the market is prone to sudden knee-jerk reactions, hints usually develop before significant moves. We see the hints in our charts.

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We standby the proverb, taken from Confucius, the Chinese master of wisdom: “Study the past, if you would divine the future.”

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DISCLAIMER: We offer NO advice and make NO claims to expertise of any kind. This site is dedicated to knowledge and education through our stock chart training, reviews and other information — nothing more.

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