Website Orientation
Welcome to the website orientation area for Trendy Stock Chart members! This page is designed to familiarize members with the website and also provides links to some of the members-only resources.
Step 1 – You’ve Got Mail
Step one of your Trendy Stock Charts website orientation has already been completed. As a Trendy Stock Charts member, you will be automatically signed up to receive email alerts when I publish all new stock articles.
An automatic email alert every will be sent for each new article. This way, you are certain to not miss that important chart breakdown you were waiting for and anticipating!
If you don’t want to receive these automatic email notifications, there is an unsubscribe button on the bottom of the email.
Step 2 – Get Social
Consider following me and Trendy Stock Charts on my main social networks. I use 3 main social networks, and of course Facebook is my favorite one! You can also find Trendy Stock Charts on Twitter & LinkedIn.
If service ever goes down on Trendy Stock Charts or or any other type of issues, I will try to inform members through the social networks.
Step 3 – Upload an Avatar
The best size for an avatar is 150 x 150 px. Feel free to upload an avatar of your choice.
Currently, you must send me your avatar file so it can be uploaded. The plug-in I was using was found to have issues and I am currently looking for an affordable replacement plug-in.
Please send me a picture though and I will be more than happy to resize and upload your avatar for you.
Step 4 – Keep Your Profile Information Current
Keep you profile information up to date. A mailing address is not required unless you want to possibly receive some Trendy Stock Charts swag.
Simply click on the “Profile Summary Page” icon in the right-hand side of the webpage. Or just click the below button.
Step 5 – Understand My Chart Markings
Before perusing any of my premium stock articles, I strongly recommend that you familiarize yourself with the basics of how I analyze stock charts. I use standardized colors on my charts to help when analyzing and reviewing the charts.
- The standardized colors I use on stock charts for trendlines and other trading tools are illustrated on the basic “Drawing Trendlines” page
- Refer to the “Basic Moving Averages” page where I illustrate the standardized colors for the different moving average lines
Step 6 – Print My Investing Rules
Trading and investing with a set of rules is extremely important. The more I adhere to the rules that I’ve assembled, the better my portfolio performs. Some rules will take practice (and unfortunately experience) before you will fully understand the importance of each rule listed.
I recommend that you print a copy of the rules and keep them next to your computer. At any point when you are making a buy or a sell decision, it doesn’t hurt to re-read them to be certain that you are adhering to as many rules as possible.
Step 7 – Learn to Navigate the Website
One very important thing to realize as a Trendy Stock Charts member – there are additional menu options available when you are logged in. You will now see a menu option for the “Members Area”.
After you log in to Trendy Stock Charts, you will find links and menus to additional information. This addition information includes the following:
- the ability to access all members-only articles and advanced technical analysis pages
- gain access to my personal portfolio holdings and weighting on each stock
- links to members-only technical analysis pages that include advanced analysis and trading techniques
An important part of the website is your ability to find older stock articles. I have articles organized by ticker symbols that can be researched through the drop-down menu in the footer of any webpage.
Each technical analysis method has its own webpage. Each webpage may contain links for that particular method that cannot be found in the main menu. Therefore, be certain to visit the webpage for each method of advanced technical analysis at least once so you can see any additional resources that may be available.
Step 8 – Visit (& Revisit) the Idea Chamber
Stop by the members-only forum called the Idea Chamber. In the Idea Chamber feel free to discuss any investment topic that your heart desires. The Idea Chamber is organized with 5 main categories. I believe that organized forum topics make it easier to find information at a later date.
Here are the 5 main categories that the Idea Chamber is broken into:
- General Stock Discussions
- Discussions by Ticker Symbol
- Stock Analysis Requests
- Inspirational Quotes
- Penny Stock Discussions
Step 9 – Subscribe to an Idea Chamber Topic
If you want to be immediately notified when any new posts are made in the Idea Chamber, then consider subscribing to an Idea Chamber topic. You will receive an email notification for all new posts to a topic when you are “subscribed” to the topic.
Subscribe to Your Favorite Forum Topic and Get Email Notifications When New Forum Replies Are Posted
Subscribing to a forum topic is the best way to make sure you don’t miss out on any investment information that is time sensitive.
Step 10 – Request a Stock Analysis
Leave a request for me to analyze any stock in your portfolio using the technical analysis methods I describe on this website. Please leave requests for stock articles in the Idea Chamber.
At a minimum, leave the company name and ticker symbol. However, the more information you can provide, the better. Following is the preferred information that helps me determine the best focus of the stock analysis:
- Company name
- Ticker symbol
- Is the stock is a current portfolio position?
- The cost basis per share for any current holdings
- For prospective investments, what is your investing time frame?
- Trading / Short-Term
- Medium-Term
- Long-Term
Notice that I did not mention the number of shares – I do not need to know that information. I prefer that you make comments phrased like “10% of my portfolio”. That keeps the size of your portfolio private.
Step 11 – Monitor The Major Indices
While you will be receiving email notifications for all new articles, always stay focused on the major indices that your stocks trade in.
The chart pattern for an index or a sector has a lot of influence over the individual chart patterns within it. Remember, most stocks follow the general direction of the market as well as their individual index, so stay alert!
At Trendy Stock Charts, I generally place a lot of emphasis on the NASDAQ Composite since I follow a lot of technology stocks in a lot of different industries. This also includes biotechnology stocks.
Step 12 – Identify Candlestick Patterns
Do not be intimidated by the candlestick patterns. Concentrate on knowing the differences between bullish and bearish reversal candlestick patterns.
- Look for bullish reversal candlestick patterns at the end of downtrends
- Look for bearish reversal candlestick patterns at the end of uptrends
Therefore, studying the requirements and guidelines for candlestick patterns should be one of your first priorities as a Trendy Stock Charts member.
I discuss and illustrate the details for what I consider to be the most important candlestick patterns. The details I provide for the candlestick patterns include the requirements, guidelines, trading strategies, examples and more. I also review support and resistance areas or each candlestick pattern.
Step 13 – Elliott Wave Basics
After reading a few of the premium stock articles, you may notice that I make a lot of references to Elliott wave patterns. The next illustration shows a completed Bullish 8 Wave Cycle. Memorize this basic, complete 8 wave pattern. Knowledge of this pattern can help increase your ability to calculate buy and sell points.
Bullish 8 Wave Cycle
In summary, Waves 1-5 form an Impulse Wave Pattern; Waves A-C form a Corrective Zig-Zag Wave Pattern. Collectively, Waves 1-5 and Waves A-C form a complete Elliott Wave 8 Wave Cycle.
Solely based on the number of times I reference Elliott wave patterns, having a working knowledge of the above complete 8 wave cycle is definitely recommended. Read more about Elliott waves and wave patterns:
And Last, Recommended Reading
Did you think you were going to escape without homework? Be certain to check out my favorite books. I personally use and reference most of these books on at least a monthly basis if not a weekly basis, even after reading through them more than one time.
While I have read a few different books on each subject, I’ve only listed my favorite book for each technical analysis method. I provide a general description of the contents for each book also.
The books I selected are what I consider the “best of breed” books of the books from the different ones I have read on the subjects. Grab a cup of coffee and one of these books! If you have a question about any of the books, feel free to send me an email or even just call me at the number provided!
