recommended books, page-12

  1. UMC
    507 Posts.
    Now now, who said forget charting?

    i am looking for a book that actually "teaches" charting (not that i need it but just to refer it to some HC members). Now im my opinion if you buy something without charting it it would be madness, just like driving with your eyes closed you might make some distance to start with but then you would tubmle. Basically 5 main points that you should follow in ORDER.

    1) Study the chart
    2) Find the directors and research them
    3) Study the company (assets, cash, etc.)
    4) Study the economin situation (if its a Nickel mining company and no one is in need of Nickel then it would not go up)
    5) ALLWAYS do your own research.

    There will allways be remaping but you will never fall for it if you do your own research.

    Regards,

    UMC
 
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