charts took me far deeper into technical analysis than I ever had intended to go. Yet somehow the quest for a more definitive way of knowing when to buy high-potential stocks had grabbed hold of me, and wouldn’t let go until I had some hard and fast answers.
I read every book on charting techniques I could lay my hands on. At night, armed with my charting software, I’d download a list of stocks and stare at their charts trying to discern what they were telling me. William O’Neil’s “How To Make Money In Stocks” helped me to better understand the relationship between a stock’s daily price action and its volume. Slowly, after what seemed an eternity, I began to spot the chart patterns.
Of course gaining knowledge about technical analysis is one thing, and putting this knowledge into practice is quite another. Here again, there was no shortcut. No abbreviated course. No quick cure. I had to rigorously trade stocks based upon my assumptions about a stock’s chart. I’d hear