Fact: If 100 people were to start trading for the first time today, only 20 of them would be trading after 1 year. After 5 years there would be 5 left.
Why: Because the single most difficult decision a trader must make is when to pull the trigger – and most traders
simply do not have the experience, or the nerve, to get it right more often than not.
Technical Analysts need charting services to help them make confident decisions, and giving themselves the
BEST possible chance of identifying an over-bought or over-sold market. That is why selected Charting Services have solved
this problem over the years, with instantly understandable graphical formats for more than 800 stocks, commodities, indexes
Traders have always agonized over when to enter the market. It’s a nail biting angst-ridden decision. They often
get the decision right, but the timing WRONG. Mind you It’s not entirely the traders fault, it is a lot of the time usually the charting
service they are using.
In another article that featured in about.com, there were over 30 charting sites that were tested and not 1 of them got it right.
Which is pretty scary considering thousands of traders out there use technical charting services to make 선물옵션 their investment
decisions. Unfortunately fundamental analysis isn’t any good unless you can incorporate technical analysis.
Having a high FQ (Financial Quotient) helps when reading companies annual reports to pick which companies are a financially
viable choice in regards to your portfolio so you’ve basically covered your fundamental analysis in choosing which company to
buy into. Now the next part is tricky, not many traders can fully grasp the concept of technical analysis or just don’t have the time
to study it. It’s not easy, therefore only a small percentage of traders/investors would study this and understand how to implement it
right and with the utmost confidence. That’s why a lot of traders out there invest in charting services, because they know these
services are going to help them buy or sell there stocks/futures/options or currency at the right time instead of missing the boat
and getting caught up in all the hype, essentially kissing your hard earned money goodbye.