How To Pick Stocks – The Basics The most challenging aspect of starting to invest in the stock market is picking the first few stocks to add to a portfolio. Every experienced investor has his/her own techniques and strategies that they believe in. But when you are just getting started, learning how to pick stocks Read More…
The most basic skill needed for investing is the ability to read a stock chart and then understand how that data can aid your investing success. One of the biggest mistakes of today’s investors is overlooking this basic skill and shooting from the hip. This article explains the importance of candlesticks which are the smallest building block of stock charts.
But with the advancement of technology and the increased popularity of technical analysis, the use of charts has greatly increased, making them one of, if not the most important tools used by technical traders.