Beginner Traders Candlestick Buy Entry Signals
The goal for Beginner Traders should be to learn, how to find the best stocks to trade quickly and easily. Often times Traders spend more time trying to figure out which stock they should choose to trade, and waste most of their day looking at stock charts.What differentiates a Buy Signal from a Reversal or Continuation Candlestick Pattern is that the true BUY SIGNAL is a specific group of candles, that have formed in a chart PRIOR to that stock starting a run, and those are stocks with the best Candlestick Chart Patterns for Trading.
Beginners go watch the Candlestick Charts Webinar and learn to identify the best candlestick patterns, how to analyze the chart using candlesticks, and entry and exit signals.
Too often traders use
Candlestick Reversal Patterns, Continuation Patterns, MACD, or Stochastic crossovers as entry signals.
All of these methods put you into the stock late losing profits, and increasing
your risk of a whipsaw trade especially when the Stock Market is in a choppy
sideways to volatile Market Condition.
By learning true Buy
Entry Signals which are the best Candlestick Chart Patterns for Trading,
you can increase your profitability to 75% or greater. Now that probably may
sounds far-fetched to those of you who are trading Reversal Patterns,
Continuation Patterns, MACD, or other crossover signals and have come to accept
that the best you can do is about 50%.
The reality is that
by making minor changes to when you enter a stock using Candlestick Buy
Signals, and by using Indicators NOT as an entry but as a confirmation of
underlying energy and strength, you can achieve a significantly higher
percentage of successful highly profitable trades.
The chart example
below has a strong Buy Entry Signal Candle Pattern which is one of the best Candlestick
Chart Patterns for Trading.
It is one of many entry signals that are taught exclusively at TechniTrader. This is an extremely reliable Beginning Trader Candlestick Chart Pattern which provides low risk and high profit potential.
The
proper indicators are needed to confirm this Buy Entry Signal as having
sufficient underlying HIDDEN buying activity by giant lot Buy Side Institutions
that at some point it will trigger the High Frequency Trader computer algorithms
to run or gap this stock up.
In
the top indicator window below price, you can see this indicator reveals giant
Buy Side Institutions using Dark Pools to buy in large lots incrementally.
Their buying is hidden off the exchanges, but this indicator confirmation makes
this stock Buy Entry Signal one of the best Candlestick Chart Patterns
for Trading.
Beginners go to TechniTrader “The Basics of the Stock Market for New
Investors and Beginning Traders” Webinar Lessons.
Go to TechniTrader
“Basics of Stock Market New Investors & Beginning Traders” 12 Webinar Lessons
This
is not a Buy Entry Signal taught in the standard Candlestick Books. It is the
five candlestick group pattern on this stock chart that is the differentiator,
with the size and placement of those five candles making this a strong Buy
Entry Signal.
As
you can see in the bottom chart window, MACD has no signal at all. It is
floating on the downside since it can only crossover AFTER price has moved, and
because it is a momentum price indicator. In addition it has no ability to
track large lot accumulation by the giant Buy Side Institutions.
MACD finally crosses
over, but only after the stock has gapped up. This is a High Frequency Trading gap, and the run is finished at this point.
Traders and Investors go watch a webinar on how to improve MACD for the current market.
Watch the TechniTrader
Watch the TechniTrader
The
second chart example below shows what happened after the strong Buy Entry
Signal.
The points gained were approximately 3.00 to 3.25 points, depending upon your exit price. So a two day hold of 100 shares is $300.00, for 500 shares it is $1500.00, and for 1000 shares by an experienced trader it is a $3000.00 profit in just a 2 day time period.
Summary
Most
traders only dream about such returns, but TechniTrader Students learn how to
have these types of successful trades on a regular basis.
Experienced Traders and Investors go to the Learning Center and watch training webinars.
There is a webinar on Time Segmented Volume TSV which is the indicator shown in the middle chart window of the examples in this article.
There are Libraries for TC2000, StockCharts.com, and MetaStock Users.
There is a webinar on Time Segmented Volume TSV which is the indicator shown in the middle chart window of the examples in this article.
There are Libraries for TC2000, StockCharts.com, and MetaStock Users.
Go to the TechniTrader
TechniTrader
The Gold Standard in Stock Market Education
Trade
Wisely,
Martha
Stokes CMT
TechniTrader technical analysis using TC2000 charts, courtesy of Worden Bros.
Chartered Market Technician
Instructor & Developer of TechniTrader Stock and Option Courses
TechniTrader DVDs with every course.
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Disclaimer: All statements are the opinions of TechniTrader, its instructors and/or employees, and are not to be construed as anything more than an opinion. TechniTrader is not a broker or an investment advisor; it is strictly an educational service. There is risk in trading financial assets and derivatives. Due diligence is required for any investment. It should not be assumed that the methods or techniques presented cannot result in losses. Examples presented are for educational purposes only.