Plenty of regular investors might not pay much attention to technical analysis ("charts," to use the popular word). It's just as likely they might follow "technicians" who do their own analysis and make the charts available online for mass consumption with their interpretation of the technicals.
Proceed with caution.
There's a danger in technical analysis, in that indicators are often viewed in a vacuum. The "if this occurs, then that will happen" mentality often dominates to the point that technicians, and the traders and investors who are following along, get "trapped" in their analysis.
And that can lose you a lot of money.
I'm going to show you how that happens - and, of course, the right way to go...
Tags:trading strategies
To get full access to all Money Morning content, click here
About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.
Disclaimer:© 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.
The post Be Very Careful Trading on This Popular Stock Signal appeared first on Money Morning - We Make Investing Profitable.