Big Charts Stock Quotes

The head is the phase when the stock is rising but nobody knows the reason. Most retail investors and traders are not in the stock and neither is it being talked about. This is a phase where the rally could be a false start and could well fizzle out. It could be the start of something big but only those running the stock, or the insiders, or a few people know what is going on in this phase. Volumes have still not picked up significantly and, while the stock is rising, it is not clear if it is rising at a growing pace. Sit the head phase out.

The phase where you need to get in early at the game is the body. This is where volumes begin to rise and the pace of rise also starts to accelerate. You also start to see influential brokers and investors talking about the stock. If you can anticipate that this is the big opportunity before the crowd gets in, you get to ride the full climb. Even

You don’t have to trade everyday. There will be days when you don’t find a trade which has low risk. Spend those days reviewing charts and seeing if you missed any stocks with a trend. Then there will be days where you will find dozens of stocks to trade. On those days, go for the big profits.

Avoid “Hot” Stocks If it’s so hot, why is someone sharing the information? Someone big is probably trying to sell into the rise.

My biggest mistakes include, but are not limited to: Revenge trading. Repeatedly trading the same choppy stock over and over as if it personally owes me money. Overtrading. Thinking I can recover from losses by taking low quality setups in rapid succession. Not stopping at my daily goal or 11:30 AM. Slowly giving back all of my gains. Not stopping out. Freezing like a deer in the headlights and letting a small loss grow into a big one. Not taking a break after a bad trade. Continuing to trade when my psychology is in tatters. Thinking I need to be in every move. Forcing bad trades rather than waiting for the chart to provide confirmation.

My biggest mistakes include, but are not limited to: Revenge trading. Repeatedly trading the same choppy stock over and over as if it personally owes me money. Overtrading. Thinking I can recover from losses by taking low quality setups in rapid succession. Not stopping at my daily goal or 11:30 AM. Slowly giving back all of my gains. Not stopping out. Freezing like a deer in the headlights and letting a small loss grow into a big one. Not taking a break after a bad trade. Continuing to trade when my psychology is in tatters. Thinking I need to be in every move. Forcing bad trades rather than waiting for the chart to provide confirmation. Averaging down. Increasing share size when losing. Trying to double down and recoup losses.

Since I’m a big believer in prior support and resistance as being valid even years later, I will leave the lines on my charts for months and even years, as price will often test or retest those levels when stocks change direction and begin new trends. It is truly amazing how often the lines I drew many months or years earlier will create formidable resistance or support to a new trend, and I strongly suggest that traders draw and use these lines as targets and possible stops as well!

The head of research for Sesame Street in the early years was a psychologist from Oregon, Ed Palmer, whose specialty was the use of television as a teaching tool. When the Children's Television Workshop was founded in the late 1960s, Palmer was a natural recruit. “I was the only academic they could find doing research on children's TV,” he says, with a laugh. Palmer was given the task of finding out whether the elaborate educational curriculum that had been devised for Sesame Street by its academic-advisers was actually reaching the show's viewers. It was a critical task. There are those involved with Sesame Street who say, in fact, that without Ed Palmer the show would never have lasted through the first season. Palmer's innovation was something he called the Distracter. He would play an episode of Sesame Street on a television monitor, and then run a slide show on a screen next to it, showing a new slide every seven and a half seconds. “We had the most varied set of slides we could imagine,” said Palmer. “We would have a body riding down the street with his arms out, a picture of a tall building, a leaf floating through ripples of water, a rainbow, a picture taken through a microscope, an Escher drawing. Anything to be novel, that was the idea.” Preschoolers would then be brought into the room, two at a time, and told to watch the television show. Palmer and his assistants would sit slightly to the side, with a pencil and paper, quietly noting when the children were watching Sesame Street and when they lost interest and looked, instead, at the slide show. Every time the slide changed, Palmer and his assistants would make a new notation, so that by the end of the show they had an almost second-by-second account of what parts of the episode being tested managed to hold the viewers' attention and what parts did not. The Distracter was a stickiness machine. “We'd take that big-sized chart paper, two by three feet, and tape several of those sheets together,” Palmer says. "We had data points, remember, for every seven and a half seconds, which comes to close to four hundred data points for a single program, and we'd connect all those points with a red line so it would look like a stock market report from Wall Street. It might plummet or gradually decline, and we'd say whoa, what's going on here. At other times it might hug the very top of the chart and we'd say, wow, that segment's really grabbing the attention of the kids. We tabulated those Distracter scores in percentages. We'd have up to 100 percent sometimes. The average attention for most shows was around 85 to 90 percent. If the producers got that, they were happy. If they got around fifty, they'd go back to the drawing board.

The best investors don’t get persuaded by stock blips or charts. It’s about staying ahead of the curve—anticipating changes in sentiment. You’ve got to anticipate what newspaper headlines will say next.