[badcharts]

Hi there everyone, im new to this forum and brand new to the stock market too, i have been reading stans book over the last few weeks. Im 18 years old and hoping to financially secure my self in the stock market in the future, of course i am expecting the losses that every trader encounters and i have proven this on a demo account that i have been using for a few months now (which i have had considerably more losses than gains). Im very intrigued to learn everything there is to know, however to start off i just want to ask quite a bulk of questions if someone is willing to answer them and help me out.

Questions i would like to know:

1) How can i actually see a market trend ?

2) How do i work out profit/ earnings ?

3) When a stock breaks what moving average is the best ? (Eg is it when a stock breaks a 30 day ?)

4) Is an advance-decline line needed & how can i construct one with uk.tradingview.com ?

5) How can i calculate momentum index

6) Do i need high-low differentials

7) How can i construct Mansfield charts with uk.tradingview.com ?

8) How can i construct resistance and support lines ?

9) How do i actually know if the stock that i am trading is in a positive group or negative ?

10) What broker is the best for me to start out with ?

I would really appreciate it if someone took there time to answer these questions, im looking to thrive in the stock market and would love it if i could get some help on the way.

Many thanks
Reece Webb

Hi Reece,

Welcome! All excellent questions and a great place to get feedback on them is here!

One thing for sure, even if some label Stan's framework as "simple", I see it as multi layered, easy to learn, but hard to master. Human emotions always getting in the way of applying it correctly (and that is when you don't forget crucial parts of it)!

Have fun discovering, learning and getting some experience using it. The best part is when you'll come back to it years later and notice new things you hadn't before, that is when you'll truly appreciate this trend following framework!

Regards,

Patrick