Now, you can give each Member of the general public who happens to be passing a Clipboard and a stethoscope. But do you really think anyone knowing that this in fact would allow that person to diagnose and treat them?. I doubt it.
I am happy to offer my opinion on patterns to follow and what patterns to avoid. How do you choose to use these patterns and my views are to you, if you happen to make money from this advice, again that is entirely on you or not.
So if you're all proud (or not so proud owner) of a new stock then really should consider revising my articles to understand these patterns and their consequences to your inventory. All free information will give you for some of you will be new for others is a refresher on pattern recognition quirks, performance, and tips on how you may find in advance, or you may become more profitable.
When you have reviewed the patterns, then it is time to look for similar templates the same inventory (this is done using different timescales and), and if that doesn't work, you must search for similar patterns stocks within the same domain.I personally reviewed closely to determine whether the value and patterns can be applied to the current situation; do to determine if there is anything that we can learn from past mistakes.
In this way, you should consider starting the process of negotiating the paper chart formations your selected stocks (don't panic this process only takes a few minutes per day per stock).Again, even if you're an experienced investor (like me with more than 15 years experience), I think the real benefit of negotiation is that paper keeps me alert and agile.
Passing a procedure such as this makes the task of buying or selling a stock a much more disciplined and reflex action instead of a conscious laborious effort. constant supervision on how to pick up the pattern graph makes me to develop a much more intuitive feel for patterns, stocks, and indeed on the market.
Paul Thomason is the founder of Wave Elliott service market, a market forecast video service that specializes in using Elliott Wave and technical market analysis. Elliott Wave Service offers a complete market technical evidence based on market direction financial forecasting system that has proven to be extremely precise member services include daily video forecasts for international markets, USA markets, stocks, commodities and currencies.
Free participation in the service market Wave Elliott click here:-http://www.elliottwavemarketservice.com/free-resources/free-membership-for-a-week/
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