Stock Tip #10 – Never Stop Learning
Who has been teaching you? Have your read anything by Warren Buffett? Did you find out what Benjamin Graham thinks about defensive investing? How about letting me teach you what I know about Japanese Candlesticks? If you learn from the people that went there first you don’t have to make the same mistakes.

Conclusion
There is a tried-and-true set of steps to learning about the stock market. Follow the stock tips that others give you can be the first step in becoming a successful trader.

Market Direction: Investing is one of the activities in one's life that cannot be dealt with in a non-emotional logical process. When learning how to invest, it is suggested that one paper trades until they become proficient. Unfortunately, a paper trade has completely different thought processes versus putting your actual money on the line. The emotional factor will step in. When emotions become involved, which they evitable do when it comes to somebody's investment funds, the decision making process changes dramatically.

It is like kissing somebody that you really want to kiss for the first time. When you are imagining how you're going to approach the kiss, in a suave sophisticated manner like Robert Redford, Clark Gable, or Steve Bigalow would do, you may envision your actions as being bold and commanding. However, when you get to the situation itself, one's confidence becomes a completely different story. The same is true when placing trades for your own funds.

The major problem most investors have is that there is no place to learn how to invest. Not so much learning what trade setups or patterns are the best to participate in, but learning how to control your emotions, establish stop losses and taking profits at the proper times. Without a preset discipline/plan, these simple procedures become extremely difficult due to emotions. Wouldn't you like to learn how to invest in the best trade setups without the influence of emotions? That is the major advantage that candlestick analysis provides for an investor.

The information incorporated into candlestick signals produces a very logical investment format. The visual process for evaluating where to be in a trade, where to set stop losses, and where and when to take profits becomes dramatically efficient utilizing candlestick signals. Learning what the candlestick signals reveal, as far as investor sentiment and applying that information to patterns and trend analysis, is a relatively easy process. Mr. Bigalow provides private training sessions that takes you through the process of not only recognizing what the successful high probability trades look like, he also teaches investors the psychology that creates the signals and patterns. Most investors do not have mental discipline. Emotions affect a major portion of their investment decisions. Once you learn how to invest by not doing the wrong things, you will effectively recognize when to take advantage of price moves that are created by all the other investors doing the wrong things.

A 2-day training session with Mr. Bigalow will greatly enhance your ability to recognize optimal buy and sell situations. Are you tired of being on the wrong side of the market? When you put a trade on, do you "hope" this investment will finally work for you? Wouldn't you like to learn an investment process that has worked effectively for hundreds a years? Why reinvent the wheel? You can learn how to successfully analyze any trade in any market conditions using candlestick analysis. Put the probabilities in your favor constantly! This is not rocket science. Spend two days with Mr. Bigalow and you will come away with a completely different perspective on how to invest successfully. Click here for private training session details.

Candlestick signals and patterns are the cumulative result of investor sentiment that has been identified to work successfully. This is not a difficult process to comprehend. Investors trade with the same habits and thinking year after year, decade after decade, century after century. Patterns can produce expected results. As illustrated in the recommendation of the DRL this past week, some simple assumptions could be made based upon what has resulted in a pattern recognition in the past. A buy recommendation was put on based upon some simple observations. A candlestick pattern was observed, a Fry Pan Bottom.

The price closing right at the 50 day moving average provided an easy-trade set up. What is expected for the confirmation of a Fry Pan Bottom pattern? A breakout to the upside! In the case of DRL, any positive trading the following day after the close at the 50 day moving average would produce two things, a breach of a previous possible resistance level and the illustration that the 50 day moving average was not acting as resistance anymore. When that occurs, a strong price move can be expected.

DRL

This trade produced profits between 23% and 36% in one trading day. Do all confirmed breakouts produce that type of profit? Definitely not! But recognizing a pattern and knowing what the results should be creates the opportunity to participate in high profit moves when they do become available.

LEND is another example of recognizing a trade set up produced by candlestick signals. A gap up from a doji/hammer signal in the oversold condition represents a high probability of being in a positive trade. The gap up from the signal is significant. It becomes more significant when the price closes above a perceived resistance level. A close above our T-line created a very strong "buy" situation. As seen, the buy signal was the precursor to a very strong price move. It has created a 90% gain in the matter of two weeks. These illustrations are not for the purpose of tooting our own horn. They are to illustrate the use of candlestick signals and patterns to place funds in situations where the probabilities are in your favor. You will be more likely to be in a situation where large gains can be obtained when utilizing the signals.

LEND

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