Courtesy of You may distribute this book FREELY or use it as part of a commercial package as long as this page and notices are left in place. Stock charts may not tell you which stocks to buy, but they can help you decide whether it's a good time to buy or sell those stocks.

To properly read stocks, you must first understand what each column in the stock chart means: 52-week high: This column gives you the highest price that particular stock has reached in the most recent 52-week period. 52-week low: This column gives you the lowest price that particular stock has reached in the most recent 52-week period. You may find one type of chart that works for you. E*TRADE offers a number of different accounts, including: Brokerage accounts. How To Read Charts Like A Pro Your guide to reading stock charts! Before you can use a stock market chart to plan a trade you have to understand what the data on the chart means. 1. With many options for traders to figure out how to follow trends on forex currency pairs as well as commodities and other instruments, the most trusted form would be to follow the charts.

Well, welcome to how to read a stock chart for beginners! First, choose what kind of account you want to open, then fill out the application online. Investing can seem super complicated, especially if you’ve seen some of the crazy-looking stock charts out there. The content of this e-Book is not warranted for correctness, and is used by the reader at his or her own will. When this stock reached a prior high (resistance), it fell. We cover the 8 different stock chart types, indicators & patterns in this guide. When you know how to read a stock chart, you'll see things you otherwise wouldn't know about how other buyers and sellers have been trading that stock recently. You need to understand, stock prices, timeframes, supply and demand, chart patterns, volumes and how stock chart indicators are calculated. Big, expensive broker not required. Watch this video to get a tour of our most popular features, and read the article below for details on how to get started.

There are mixed emotions and varying opinions on whether stock market candlestick pattern charts are an effective way to find profitable stocks, but it is something as new investor you must be familiar with and learn about as part of your journey to becoming an experienced stock trader. 6 second take: Stock charts may look confusing, but once you understand how they work, they’re easy to read. The top of the chart often displays helpful identification and price data points to assist the investor or trader in monitoring daily price and trading activity. When it reached a prior low (support), it rose.

But you can quickly get up to speed with this new series on Stock Chart Reading For Beginners. How to read forex charts. You can read stock charts using Stock Charting Software that performs the data collection and calculations for you. Once you decide on a chart type, start looking for historical patterns like trends, support and resistance, and other actionable patterns. Open an account and fund it. When you first start learning how to read stock charts, it can be a little intimidating. On the short side: When a stock rises up to a prior high it is more significant that when a stocks rises up to a prior low. This is often referred to as learning how to read candlestick charts for stock patterns.