Stock Charts for Beginners Video

Stock Charts for Dummies - See video below

NB : For the absolute basics on how to trade stocks - click here for the no-nonsense no frills lowdown ---> how to trade stocks online

Hurricane Irene has been and gone leaving a lot of damage in its wake. The damage is expected to total around $10 billion and some say it will negatively affect insurance companies, but in fact, allegedly, it is just the opposite. Large events like this one actually allow insurance companies to increase their premiums ! So long-term people see them as good. That's money for you.

Stock trading master's videos at and youtube are really good as an introduction to stock charts and how to trade stocks, not because they are basic stuff but because they are videos from a guy who clearly knows about stock trading and the significance of the various charts and indicators. He also explains it all in a way that beginners to stock trading can understand and follow.

He says we are still in a downtrend in the stock markets, which is good because I agree with him. We have had a slight bounce in recent days but I expect the downtrend to resume, especially given the mess that is Europe at the moment, I can't see that being cleared up anytime soon.

Bernanke is also going to speak which could spook the markets even further.

One stock that I think could do well in the long-term is Amazon, because of the rapid rise in ebook sales - want to be a best-selling author and millionaire ? Then self-publish an ebook on Amazon - here's how it is done - ebook best-sellers and here's a survey t hat shows how many people actually make money writing and publishing their own ebooks for the Kindle -

Stock charts for dummies video

For further info. on how to interpret stock charts see - stock charting basics and how to trade stocks


Stock Market Heading Down or Up ?

How to Trade Stocks for Beginners - How Far Can the Stock Market Drop?

The DOW is down another 430 points to 11,011 after being at 12,600 just a few days ago. But how far can the markets fall? Some traders think we might be heading back to the lows of March 2009 whereas others think this recent fall represents a good buying opportunity. So what's a trader to do?

First of all if you are a beginner this is a very dangerous time to be considering buying stocks. It is not a good time to be a hero, or as Art Cashin likes to put it "it is usually the second mouse that gets the cheese". So don't stick your neck out unless you are absolutely certain what is going to happen next. Don't forget that Standard and Poors have just downgraded US debt for the first time since 1917 !

For one take on what may happen take a look at Oscar in the following video (if you are in a hurry you can skip the first five minutes). He is not convinced that the markets are as bad they appear to be, and points out that we may in fact be at a crucial support level, if this level holds then we may soon recover from this recent drop.

Professional traders themselves don't know which way these markets are headed - some saying we might rocket back up and some saying we plunge even further today. So very risky trading times!

Personally I am rather pessimistic and am waiting for the markets to fall even further - but Oscar makes an interesting argument and I will be watching market developments with interest over the next few hours and days.