RE: Stage Analysis Beginners Questions
Just curious what you'd recommend a beginner to focus on. I don't have a lot of time and sometimes feel a wee bit overwhelmed with everything to learn.
How do you use IBD? Is it wrong to pick a stock with good rating and in stage 2? Reviewing fundamentals is overwhelming to say the least. I like to read Seeking Alpha as well.
I'm reading O'Neils book and it's not as easy as Stan's. Thinking switching to Mark's for the time being. O'Neil uses 50MA whereas Stan it's 30MA confused on which and why.
I try to draw support and resistance on my charts and still learning how to read the patterns and practice. Plan on re-viewing class on Udemey and re-reading Stan's book. Thanks!!!