What are good web sites that could produce free stock chart for analysis purposes or stock market analysis overview ? This is common question I receive several times a year.
I have tested several different sites during my stock trading career. Finally I found some websites and options that can be used for these purposes.
How do you prepare for your every day trading or investing activities on stock markets ?
Stock trading and investing activities are boring routine that must be repeated every day.
I personally defined my own pre-trading routine that I follow every trading day. It helps me to stay focused to trading activities I need to do to prepare best stock trading setups or to find best stocks to invest in.
We are in the middle of earnings season. One company after another publishes its own business results from last quarter. Such report could affect stock trading and stock investing very much.
I personally do not like to hold any trade during earnings date and this article describes why.
There are a lot of different ways how to find best stock market pick for stock investment or stock trade. My personal approach is based on relative strength. This approach I use also in my daily scanning routine when I am looking for best stock market picks for next days.
We are sending orders to our online stock broker during any trade several times. There are entry orders, exit orders and other orders that we use. What orders do you use ?
I personally recommend to use these type of orders when managing any particular stock trade.
Private traders tend to define any trade done with discount stock broker for lowest possible fees as low cost stock trade.
But every time I argue that stock broker fees are not biggest problem for any private trader. The most important issue to achieve low cost stock trade is to manage stock trading risk accordingly. Only trades with minimal risks can be named as low cost stock trades.
Internet banking and online stock market trading broker are common these days. Both use Internet as medium that allows communicate between us and online trading broker.
But Internet is not secure medium. It is quite dangerous medium. So there is the problem of safe usage of the Internet.
How do you protect your communication with your broker ? Do you use only username and password to login to your online trading brokerage accounts ? I personally recommend to use more safe options to secure access to any online trading broker.
I like to use candlestick charts very much. This type of chart provides important information for my trading needs. I am able to identify bullish or bearish candlesticks.
Candlestick patterns also help me when I am preparing new trade. They are really useful stock trading tool in my stock and etf trading and chart analysis.
I have my ETF list quite large. I monitor almost hundred different exchange traded funds during my regular stock chart analysis routine. I also have list of ETF shares that monitor fixed income markets. There are also municipal bond etf and international bond etf shares in this my list. They can offer good trading or investing opportunity from time to time.
I do not use leveraged ETF very much. I use them rarely. I prefer to open long position in standard ETF and when I want to do short selling I prefer to short normal , i.e. non-leveraged ETF shares.
I do not like behavior of leveraged ETF for longer term period holding.
