Wouldn’t it be great if you could improve your investment returns by owning securities when prices are increasing and selling them before they crash? If you learn how to read stock charts, you might have a chance to do so.
People take many different strategies for investing in stocks. I rely on a mix of investments in mutual funds, exchange-traded funds (ETFs), and individual stocks. When I buy the last of these, I rely primarily on fundamental analysis, as discussed by Milan Kovacevic in his post, “How to Start Investing in 2021: A Complete Guide.”
Milan suggests investing for the long term, a strategy I generally embrace. To do this, I use the strategies set forth by Peter Lynch, described in my review of his book “One Up on Wall Street,” and my ability to read financial statements. Technical analysis or reading stock charts has always intrigued me.
If I could use stock charts to help me sell a stock before the price falls too much or at least not buy it until it has hit its low price, it seems to me that the value of my portfolio would be higher than my current strategy of buying stocks and holding them forever.[Read more…] about The Ultimate Guide on How to Read Stock Charts