Candlestick charting as it's know is part of what I attempt to teach you on this site. All Technical trading uses charts. Knowing how to interpret them to guide you through entry and exits points for either short term or long term positions is in my view not a good way to trade. Some of you will pick it up, some will ask questions and others will share their own knowledge.
If you don't understand what I'm showing you in post then by all means post your question in the comment section and I will do my best to explain it in more detail.
It's been suggested to me to produce my own periodicals but until that happens I will make suggestions on reading and Video material that will help you to learn the basics and some beyond that every day. Understand that Technical trading in my opinion is only a guide. It is not a 100% guaranteed and should not be the sole decision making tool for buying or shorting a stock, commodity or future.
Investors Business Daily is considered a Bible in the industry. I've never took the course but know many that have and they have done well with it. There are many others. Bruce Kovner, Jim Rodgers and Geroge Soros are just some of the best examples of swing traders that have been very successful using a variety of Techinical indicators. There is no right way just what works for you and makes money. That's the only reason to invest.
Below are some suggestions for you to start. For others of you who wish to have 1 on 1 tutoring I am available in person and over the phone where we trade together and I show you how to read a chart. I have found this to work very well with people. You're welcome to email me and we can discuss what your goals are.
Marc Roth
February 6, 2010
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