Buy How to Make Money in Stocks here: https://amzn.to/4jrBYuB

Constantly keeping up to date with the latest market news is not necessary for stock market success.

In fact, it can be very detrimental.

As can constantly checking the price of your stocks. This ticker-tape hawk activity will most likely lead to emotional decisions.

But you do need to check the markets, otherwise how will you find trades?

When you spot interesting activity, there’s really only one thing you need to look for.

Take a look at the weekly chart and see if the stock is forming a base or not.

If it is, apply the CAN SLIM Model.

If it is past its buy or pivot point, leave it alone.

Every week you should run a scan for stocks that meet your technical and fundamental criteria.

For each one, note down the buy point and average daily volume. This is your watchlist.

Every day, go through the list, looking at the charts. Some will go nowhere, but soon enough, a few will approach their buy point. If there is also heavier volume and a positive general market direction, take action.

Never buy on tips and rumors.

It doesn’t matter who it’s from. Just don’t do it.

This includes reacting to news stories and panel experts. Much of what these experts say is based on personal opinion. Hard numbers are what matters, not what ‘experts’ think might happen.

At the turn of the year (December/January) there is always distortion in stocks because many trades are based on tax considerations.

You can still be in the market, just be aware that many low-grade stocks will seem strong while leaders may correct. Don’t get fooled. It will all balance out in time.

Read the next chapter here.

Buy How to Make Money in Stocks here: https://amzn.to/4jrBYuB