Channeling Stocks – A Brief Overview

There are a lot of different stock trading strategies meant to help you find greater success; one of them is stock channeling. Channeling can be a valuable tool that will help you make the most of market trends by helping you set specific points where you will both buy and sell shares. It can also help you set a stop-loss to help prevent you from losing too much on a certain stock.

Not all stocks or equity use this technique. To use this you need to look for stocks that have a channel in their chart. There are a couple of ways to do this. You can go through charts to find this channel pattern, you can use software that finds the patterns or you can subscribe to a service that will give you a list of stocks on which you can use this technique.

Finding channeling stocks is the first step, but you also need to know how to read the channel. Continue reading

Choosing A Stock Trading Strategy

If you want to be successful with investing or stock trading it is important to choose a stock trading strategy that fits your goals, your personality, your available time and your investing budget. Choosing the right strategy will help you enjoy this endeavor more and achieve greater success at it.

To help you choose the right stretegy for you there are a few questions you may want to ask yourself. These questions will help you find direction. After answering these questions look over the strategies listed in this post to see which approach fits your answers to these questions and to find the one that feels like the best fit for your investing needs. There is no single best approach; this is a very personal process that needs to be individualized. Continue reading

How to Read Stock Charts

A stock chart is simply a pictorial view of the price of a stock over time. Virtually all common styles of stock charts can be generated for free online or through your online stock brokers. Just generating charts is not enough. You need to learn how to read stock charts in order to gain any value from them. Learning how to read stock charts can be broken down into understanding the timescales, understanding the price scales, and knowing the different charting styles.

If you are buying penny stocks, you need to determine if you’re looking to capitalize on day trading or if you’re just looking for a diamond in the rough to stick with for the long run. Continue reading