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Fifth and final point: Technical analysis has signs and clues, including signs and clues that we are trying to extrapolate into the future (which may or may not happen).
Evidence such as: buying trading volume that entered the stock some time ago and has not yet exited (through this we expect the stock to rise later)
For example: an upward trend that everyone can see with a simple naked eye (based on the first assumption we mentioned – since the trend is currently upward, we still assume that it will remain upward later until the opposite is proven)
There are many other clues (there are courses that explain all of them)
* The stock is showing evidence of a transition period from one direction to the other (barring these signs, the trend will remain upward), so we expect it to be tilted upward.
So, the bottom line is I won’t go too long – written explanations are difficult and require more explanation and more room for interpretation.
*Rule One – I can sell myself and tell you that I’m a brilliant genius, but I’ve accomplished nothing and without two me, all of that would be a scam and unrealistic (but I’m here for no purpose other than to help people as much as I can), so I’m not going to lie to you with any of this crap.
*Rule Two – I swear to God Almighty, and I am accountable to God for this oath – No one knows the unseen, no one knows whether a stock will continue to rise or turn down (see the five rules I mentioned earlier)
Neither I nor anyone else nor the manufacturer can tell you with 100% certainty what next year’s stocks will be (this is just an assumption that was and will continue to be unless new evidence to the contrary arises)
Anyone on earth can prove to you that he has lies, knowledge or knowledge he claims to have, or that he has the ability to prophesy. All of these are myths, hoaxes and hoaxes, and each has a known purpose.
Here I am – writing to you today. I implore you to stop this nonsense and nonsense and don’t make yourself susceptible to those who laugh at you and sell you illusions – analysis is not magic, nor art, nor art, nor science (analysis is simpler and easier than you think) – and it is not 100% certain.
All technical analysis can do is look at the charts and study the current situation (what has happened in the past) and answer the question – was the previous situation positive and bullish? —Anyone can see if the previous post is bullish and answer.
Therefore, we assume that the future will also be bullish, bearish, or occasionally – just like in the past
Alternatively, today the stock may be doing great, moving up, and be flawless – a week or a month from now, new evidence will start to emerge that the trend has changed – so based on that, we will make the decision to exit.
So, I or technical analysis (when we tell you a stock is good now) means it was good in the past and is good now (but we expect the future to be good too, and the future is not necessarily good – it may become bad and negative after some time)
Finally: I hope these simple words can serve as a key to help anyone who reads them enter the starting point of this path – and it is also the advice I give everyone through my approximately 12 years of practice in the stock market.
I’ll tell you some topics, research and expand on them, and gosh, the rest won’t do you any good. This is a summary of a lot of research that you may not have imagined or even crossed your mind about, and how valuable these studies are.
Suggestion 1: You must have your own strategy (and you yourself are the one who decides when my country comes in, when my country leaves and continue your own)
Tip 2: The research topic I am asking you to research and understand is the same
***** Advantages and Disadvantages of Diversity (Learn everything about diversity, what are its advantages and what are its disadvantages?)
***** Relevance of stock market frameworks (especially daily, weekly and monthly)
***** Momentum trading (the greatest technical analysis strategy of all time in my opinion), there are many ways to do it. You will learn about these methods when you start researching the topic.
***** Volume (fuel – engine), but don’t give it more than capacity because you won’t fully understand it because there is too much manipulation – but you have to understand the way market makers manipulate volume
***** The benefits of being patient in the right direction and not rushing out – and never being impatient in the wrong direction
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Finally: know everything posted here, whether the stock goes up or not (this is a sharing of ideas and visions, not binding advice, may be right or wrong, I hope one day everyone will share their thoughts as all ideas and tips will be useful to others)
Sorry, it’s too long, I can’t write more because it will turn into a book
I hope the ideas of the speech can be conveyed to everyone, although written explanation is difficult
If anyone needs help at some point I’m at everyone’s beck and call and I’m always ready to help without even knowing who you are
If you want the most powerful momentum trading strategy ever, take some time to research it yourself and, God willing, we will write about these methods later.
I wish everyone success (I am against exploitation, I hope everyone can handle themselves and understand what is right, we are all against liars, fraudsters and biased people)