If you play the stock market, you need realtime stock charts. Here’s a lesson on using freestockcharts, available from www.freestockcharts.com. It’s a free real time charting program that’s really useful. In this video I just show the absolute basics to get your started. If there’s any interest, I can show more advanced features like the many indicators it offers, using multiple panes and layouts, and much, much more.
Duration : 0:10:35
There’s lots to learn about a stock from a technical stand point. Many times just by eye-balling it you can see resistance levels, floors, convergence points, etc.. Start here: http://en.wikipedia.org/wiki/Technical_analysis
Technical Charts Explanations with market indicators explained. Hopefully the information should hignlight when to buy share and when to sell shares.
Technical Analysis – the other part of using charts to make buy and sell decisions requires quite a bit of study. There are loads of books you can read to find out what is going to be of most use to you. I will not recommend any one in particular as you need to find one that you can follow easily. Do a title search on Amazon and read the reviews. Even when you understand TA you need to know what your trading strategy is, the markets you are going to concentrate on and the amount of money you are going to commit. Once you know all of this then you can start looking at how best to do your trading. e.g. buying into a part automated system that gives you a preselection of buy/sell candidates, or deciding what chart patterns etc you are going to use yourself.
David Linton does some excellent little presentations on Cantos.com once a week – watch a few of these and you’ll be able to get a better sense of what is potentially involved.
When looking at stock charts, when do you know to look at a 1 day, 10 day, 6 month, yearly, etc. chart?
Use the chart time frame that best describes the amount of time you are looking to stay in a position. The information in that chart would be your best as charts are used to identify entry and exit points for many traders.
Therefore, a day trader would look at daily charts – even in minute increments. A long term investor would look at 1 to 5 year charts, possibly in weekly or even monthly time increments. A swing trader may look at 1 to 3 month charts, in daily time increments.
Good luck.
Hey guys,
Even though this week is options expiration week, ti seems like this market is acting very reasonably and is following the charts so far to the tee. Today I look at the SPY and talk about the significant, high volume (relatively) drop that we had and where I think we’re headed in the next few days. The SPY has traded below the 92.80 level but managed to regain it by the end of the day. This means that we have potentially started a new trend of lower highs and lower lows…, but we will have to see how far the bulls can take this market up before we can safely categorize this bearish trend. I also look at the VIX which broke its descending wedge resistance, and how it can be free to move higher from here. In addition look at charts of GS, XLF, DZZ, SRS, UNG and AMZN.
Duration : 0:10:32
I need to print a 3 month stock chart for the following companies, but how can i just print the greap without all the extra information. I need this chart for CAT, F, X.
thanks for your time.
go to this website:
http://www.stockcharts.com
put the parameters of three months , they have the print option
i’m just curious. i see on tv about dow jones and something called NASDAQ or something like that (by the way what are they)?
Dow Jones:
http://www.investopedia.com/ask/answers/03/062603.asp
You most likely are actually referring to the DOW or DJIA:
http://www.investopedia.com/terms/d/djia.asp
http://www.investopedia.com/terms/n/nasdaq.asp
Stock charts:
http://www.investopedia.com/university/technical/techanalysis6.asp
Stock tables:
http://www.investopedia.com/university/tables/tables1.asp
All types of charts (like point & figure,candlestick,OHLC bars etc) for Indian Stock Market(NSE,BSE) and Commodity Market(MCX,NCDEX) at free of cost or reasonable charge.
myiris.com
Daily and Sunday newspapers no longer seem to publish complete charts of the various indices on one page; you can access the chart of each individual stock in turn, but can’t scan the complete charts—except in one particular place that I can no longer find. Does anyone know the website I’m looking for?
freestockcharts.com
It is awesome.
It seems to me that Technical Analysis is not worth very much and can not be used to make consistent profit trading. Hedge funds and money managers that use quant methods aren’t looking at candlestick charts, they use stochastic calculus and other advanced mathematics to make their trading decisions. So what is technical analysis good for if you can’t make reliable money off of it?
Tech is one facet of analysis.
If you’ve got the time and assets to get quant analysis, more power to you. I’m betting you don’t.
Plenty of disciplined traders make very good money consolidating multiple types of input. You would be wise to investigate those and paper trade until you’re able to prevent unnecessary loss, break even on about 2/3s of your trades, and profit on about 1/3. Until you can do that, you’re trading on emotion. There are plenty of resources on this topic if you’re serious. If you’re not, let someone manage it for you. There are very successful fund (of all types) managers out there who nail it year after year.
I will remind you that hedge funds crash – and crash hard – quants or not.