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Thanks guys for the recommendations, will take a look at the recommended websites. I think it is time for me to build up some understanding at least i can take calculated risks...
TA will not work for stocks that has low volumes. But very often the most profits to be earned is turn around stories. And before the turning point comes there are usually very little volume traded. So if say turning point really come and then you use TA to apply you still can earn but not as much as when you get in before the turning point.
I tink TA more better for those > $1 stocks like sporegal used to play. It is more accurate but then > $1 stock requires you to have the capital to hold if you are not contra or shorting.1 lot 1K means 10 lot is 10K !!!!!! Or maybe for some is to use margin lend huh? :P
Having learned the "Rudiments of TA",
the next step is to develope some personal masterpiece of artistry with the knowledge...
It takes time, though...
Hi jubilong,
Have attended most of the courses in town and the best I found is with Terraseed...
http://www.bull-fish.com/home/
They have started this website which also provides continuous online TA training and stock picks/discussions after graduation for thier students.
Highly recommended with no vested interest in this school...
Cyjjerry, to start, tryTechnical Analysis Explained. Quite a decent read, not so dry.
Anyone here proficient in Technical Analysis...care to reccommend a book so that we could all learn and share? I really wish to know more about Chaikin...MACD...Bollinger Bands...etc etc...
I am thinking of getting some lessons on the above and would appreciate any good recommendations for it. I am simply not one who would pick up a book and try to grasp what is written so i believe attending a course is my best bet. Any advice greatly apperciated.....