Charting Is Part Science, Part Art
Although higher math is crucial for technical analysis, there’s also what I like to refer to as the art component. Some people seem to have a knack for looking at charts and getting an instant (and profitable) feel for how the future trading action will develop with a stock or market. I think these few talented individuals just have a sixth sense, much like traditional artists have natural talents. These abilities are rare, but I’ve seen them in action. Unfortunately, it wasn’t when I was looking in the mirror.
That said, I have been able to take the natural talents I do have for analyzing charts and enhance them with study and practice. You can do the same! Keep reading up on your patterns and maintain a watchful eye on your charts, and you can develop the ability to analyze and trade quickly and efficiently, too.
Get Candlestick Charting For Dummies® now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
