11. Order Types by xanderhorwitz on GoAnimate There are many different types of orders you can place in the stock market, and it is important to know the difference between all of them. Let’s start with the two most basic types of orders that we should be aware of. A market order is an order [...]
10. Watch List by xanderhorwitz on GoAnimate We’ll pick up right where we left off last section. Your watch list comes directly from the stocks that you screen for. We want our watch list to consist of 20 stocks from the screening section. It may seem like a hard task to pick only 20 stocks [...]
9. Screening by xanderhorwitz on GoAnimate We have talked a little bit about trading stocks. You might be wondering though, “How do I know which stocks to trade?” We also have a set of rules in place for finding the right stocks for you to trade. The key to technical trading is to find the [...]
8. Discipline by xanderhorwitz on GoAnimate This section builds directly off of the last one because it reiterates the fact that we are not gambling when we are trading. Your personal opinion and emotion must be left at the door. The only thing you should be looking at is the levels on your chart. There [...]
7. Risk vs. Reward by xanderhorwitz on GoAnimate Risk vs. Reward is one of the most important concepts when it comes to our trading. It is important to realize that when we are trading, we are not gambling. Our trading revolves around calculated risks that will make us successful in the long run. It is [...]
6. Phases of the Market by xanderhorwitz on GoAnimate There are three phases of the market that you need to know to understand how markets move and work. The three phases of the market are congestion, breakout, then blow off. The first phase of the market is congestion. The market is in congestion more than [...]
5. Liquidity by xanderhorwitz on GoAnimate Liquidity can be hard to explain with respect to stocks, but an easy way to start thinking about liquidity is by picturing a water bottle with one of two things in it, water or concrete. If you took a water bottle with concrete in it, twisted off the cap [...]
4. Price Discovery by xanderhorwitz on GoAnimate What makes stock prices go up and down? Most people would tell you that supply and demand makes stock prices go up and down, and most people would be wrong. Price discovery is the actual reason tha makes stocks go up and down and is a difficult concept [...]
3. Stock Tables in Yahoo by xanderhorwitz on GoAnimate This table of data is kind of table that you will see when you type a stock or stock symbol into the Yahoo! Finance search tab. The top line shows us that we are looking at information regarding Annaly Capital Management, Inc. Stocks are denoted by [...]
2. Stocks Explained by xanderhorwitz on GoAnimate In the first chapter we learned about what markets were, and specifically talked about the stock market. You might still be wondering though what is stock? As we talked about in the Apple example, stock is a type of security that signifies ownership in a corporation and represents [...]