About Trendy Stock Charts
My name is Joseph Brychek. I post on Trendy Stock Charts and some other websites under the screen name Limit5Bass. Can you tell I love bass fishing? This page will help you lear a little more about TrendyStock Charts.
Here are a couple of photos of me working in my Trendy Stock Charts office.
Let me begin by telling you a little about Trendy Stock Charts. I created Trendy Stock Charts with the objective to help individual investors fight back against Wall Street and take control of their investing future.
You see, I was the sucker on Wall Street for too long. I was usually the one holding the bag at the end of the line with no money left in it (meaning the stock was worthless or just lost a lot of its value). But then it happened - one day several years ago I was introduced to the wonderful art of technical analysis.
Fast forward to the present. I have outperformed the market by using the articles on my website as my basis for investing. And while I am not a registered investment broker or certified financial planner, my background as a Certified Public Accountant and auditor for 20 years makes me take a very analytical approach to things in general - its in my blood. I love dissecting stock charts. And yes, I balance my checkbook to the penny.
The Fight Against The Wall Street Machines
The fight against Wall Street starts in the Trendy Stock Charts members area. Trendy Stock Chart members have access to premium articles where I illustrate different methods of technical analysis to calculate upside potential for a stock price as well as its downside risk.
In my stock articles, I explain where the support and resistance areas are, so investors and traders can determine if they need to take action for the anticipated share price move. Support and resistance areas are used as buying and selling targets.
While I write articles for a lot of popular companies, I also write a lot of articles based on member requests. I will analyze stock charts for any publicly traded company. Trendy Stock Chart members simply leave their requests in the Idea Chamber, a members-only private forum, or they can email me directly.
Stock Selection, Risk & Reward
Creating a watchlist is a great way to track a handful of companies. For blue chip stocks, I like companies that have a good story and good fundamentals. For smaller companies (small cap stocks), I look for companies that are growing fast (growing fast does not always mean profitable).
After creating a watch list of stocks, I analyze each chart from a technical perspective and try to determine which ones have risk to reward ratios that I am willing to accept.
A favorable risk to reward ratio is 1:3; a ratio of 1:4 or 1:5 even better. If a stock's risk to reward ratio looks favorable, then I might look to purchase shares based on the analysis.
Buying shares should take place around support areas - support areas can be determined using several different technical analysis methods. When several different types of analysis all point to the same conclusion, greater emphasis can be placed on the trade or investment.
As a Trendy Stock Charts member, I show you how to apply several different methods to each chart to determine the possible outcome for the stock's share price.
Common Investing Mistake
A common mistake that investors make is purchasing a stock because they hear it is hot. But after purchasing the stock, they have no idea what price to sell it at. That is backwards thinking.
More likely than not, the share price for that hot stock you bought came down after your purchase is heading lower - what happened?
Before purchasing a stock, you have to estimate the purchase price and sale price. These prices are needed to calculate the stock's risk to reward ratio.
At Trendy Stock Charts, I show you how to calculate price targets for stocks using various stock trading tools; these price targets can then be used to calculate the risk to reward ratio. In the members-only section of the website, I discuss how to use and place each stock trading tool on a chart in great detail.
Technical Analysis Methods
The group of technical analysis methods that I use here at Trendy Stock Charts seem very complimentary to each other in their own unique ways. The following list summarizes the technical analysis methods I use when analyzing stock charts:
- Candlestick Charts & Patterns
- Chart Patterns
- Elliott Wave Analysis
- Fibonacci Tools & Analysis
- Moving Averages
- Point & Figure Charting
- Price & Volume Analysis (Including Short Data)
- Trendline Analysis
If you are unfamiliar with any of the above types of technical analysis, I encourage you to click the link to learn more about that particular type of analysis. But in a nutshell, most technical analysis methods all lead to the same thing - they try to help you determine at what price to buy a stock and at what price to sell a stock - it's really that simple.
Membership Focus, Occasional Free Articles
On average, I write between 15-20 members-only articles a month. I usually write about 1 free article for every 15-20 members-only articles. The ratio is heavily skewed towards my members and their specific stock requests. You can view my free stock market articles here and see how I apply different technical analysis methods to stock charts.
I write about a lot of popular stocks. You can search for stock articles by using the "Stock Article Search" drop-down menu found in the footer of all webpages.
A Gold Mining Stock
Tweet Your Way to the Presidency
Take a Bite Out of the Apple
Connecting People Worldwide
May the Share Price be With You
Owner of Cheap Airfare
Also Helping Connect People Worldwide
We Deliver You Everything
ABC, 123
Biotechnology Cures
Coffee With Free Financing
Clear Music, Your Way
Get Your Stock Holdings Analyzed
Athleisure & Foot Wear
If you don't see a stock article for your favorite company or portfolio holding, then all you have to do is leave a request in the Idea Chamber (members-only forum) and I will analyze your company using the technical analysis methods on my website. I am not afraid to break down any publicly traded stock to determine the true support and resistance areas for its share price. I have an outstanding track record of accurate predictions.
Personal Portfolio Positions Disclosed
I list all of my personal portfolio holdings on the Trendy Stock Charts members area page. The positions I list are from both my trading account (taxable) and my IRA account (non-taxable).
Also, I disclose the relative size of the stock holdings in my portfolio as a percentage of my entire portfolio. This way you can see how much emphasis I am placing on the investment or trade with my own money.
And last, I update the Trendy Stock Charts members page after each of my major buys and sells. I try to disclose the purchase or sale in the Idea Chamber right after it happens.
But there is no need to wait for the Idea Chamber post because I typically tell everyone in advance where I will be buying and selling my shares. That way, everyone can participate in the trade or investment with their price targets in mind already.
Join Trendy Stock Charts
Hopefully the above explains a little about my investing background and what I do for Trendy Stock Chart members.
If you have any questions about Trendy Stock Charts, feel free to contact me. Please use the message button in the lower right corner of the screen to start the process. I will try to answer all questions as soon as possible and in the order received.
Navigating the dangerous waters of the stock market all by yourself can be difficult and an expensive learning process. But learning and applying technical analysis methods to your trades and investments will help increase your portfolio's performance and cut down on your time during the learning process.
As a Trendy Stock Charts member, you can request an article for any publicly traded stock. Just leave a request in the Idea Chamber, the private members-only forum, and I will apply the technical analysis methods I discuss on the site. The analysis will include an overall recommendation to either buy, sell or hold shares.
You must be logged in to post a comment.