Normal
Yes, I second that, they do look like works of art, that's what attracted me to Wayne's charts in the first place way back when on ASF, I didn't know how to read them properly when I first saw them but they sure did have the razzle dazzle factor!! As mentioned at the time I'm sure we're going to have some sort of "chartists' art" fad starting with colourful charts, in fact I saw a Trader Vic's cookbook the other day, what next!?Back on topic, in terms of mistakes I find that sometimes analyzing a chart afresh after having tracked a stock for awhile helps ID patterns not seen before, so the mistake is often in drawing a line or pattern and forcing the subsequent price action to fit it. If you start as if you'd just seen the stock today you may find some mistakes from previous attempts. Anyway, that's one of my many mistakes.
Yes, I second that, they do look like works of art, that's what attracted me to Wayne's charts in the first place way back when on ASF, I didn't know how to read them properly when I first saw them but they sure did have the razzle dazzle factor!! As mentioned at the time I'm sure we're going to have some sort of "chartists' art" fad starting with colourful charts, in fact I saw a Trader Vic's cookbook the other day, what next!?
Back on topic, in terms of mistakes I find that sometimes analyzing a chart afresh after having tracked a stock for awhile helps ID patterns not seen before, so the mistake is often in drawing a line or pattern and forcing the subsequent price action to fit it. If you start as if you'd just seen the stock today you may find some mistakes from previous attempts. Anyway, that's one of my many mistakes.
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
