Connect with us

Hi, what are you looking for?

BigStatesNews.comBigStatesNews.com

Stock

The Biggest Problem with Technical Analysis? Part 1: Trend Identification!

This is the first video in a multi-part educational series from Tyler Wood, CMT and Alex Cole, co-founders of GoNoGo Charts®.

There’s a key problem that technical analysis can present to investors. In using technical analysis, our goal is to remove emotion from our decision-making. However, with a bounty of powerful indicators and tools, we quickly introduce “indicator overload” and “analysis paralysis.” GoNoGo Charts® seek to capture the responsible checklist with multiple indicators but calculate the weight of the evidence in the background, so the charts remain clean, elegant and focused on price action.

This video originally premiered July 24, 2023. Click this link to watch on YouTube.

Learn more about the GoNoGo ACP plug-in with the FREE starter plug-in or the full featured plug-in pack.

You May Also Like

World News

LOS ANGELES — On Tuesday, just minutes after the Supreme Court reversed the conviction of a man who’d made relentless online threats to a...

Business

Mortgage rates turned higher again last week. But the increase did not cut into mortgage demand, as buyers sought newly built homes. Total mortgage...

World News

With his foot on a front porch of a stately home in Charleston, S.C., a canvasser for a $100 million field effort supporting Florida...

World News

HUDSON, N.H. — As he finished up his remarks at an outdoor garden party hosted by a former state senator, Mike Pence made one...