Hi Mary, by your profile, it looks like
you're just getting started in stocks.
There are all different ways to analyze a stock,
just as there is an analyst for every direction of
the market.
My advice: Understand charting on a moderate level, know
basic fundamentals (importance of increased revenues, float,
etc) and the importance of the psychology of the stock.
What that means to others, I don't know, what it means to me,
its difficult to put in words. Its just that stocks are like
people and have a pyschology about them and if you watch them
long enough, you can anticipate their next move if you have any
intuition within you. After this level, you'll find yourself going back and improving your Technical and Fundamental expertise, which there is no end. Knowing myself very well, I feed my brain with
as much evidence as possible then go with my gut feeling into a trade.
It works for me. Some maybe more technical or fundamental. Each develops their own style, and you will too. Welcome and good luck in
your new endeavor -
Also, read read
and read news stories to learn what kind of news moves stocks:
Here's a good starter:
news.com
zdii.com
Regards,
s.w. |
