The investing approach taught on this course is Technical Analysis or Charting which attempts to take the emotion out of any investment decisions.
What is Technical Analysis
Technical Analysis is a recognised approach to Stock Market investing. More detailed information on the technical analysis approach can be found here at: http://en.wikipedia.org/wiki/Technical_analysis.
A concise summary of Technical analysis is as follows:
- Technical Analysis gives you the capability to read charts that can help you to pinpoint the best time to buy or sell a share
- It provides a graphical illustration of price and other indicators such as moving averages and volume indicators
Technical Analysis will form the basis for your investment decisions and you will learn the following:
- Use a software package TC2000 that allows you to apply various indicators across different timeframes
- Learn how to find support for a share - where buyers start buying
- Learn how to find resistance for a share - where sellers start selling
- Learn to find 5 year lows and highs and their significance
- Watch for and discover breakouts or breakdowns in stock patterns
- Learn how to draw trend lines
- Let the trend be your friend
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