Virginia stock-picking millionaire says, Forget diversification! Buy one single $3 stock - that trades under a secret name - and you could retire rich. His instructions are here.
There's a key reason for that: They're not quite speaking the same language. Traders move more quickly—and they need different data points than a long-term investor.
In fact, traders even use a different type of chart to look at information on a more granular level. Called candlestick charts, it provides more than a point on a graph showing a day's trade.
It also gives an idea of volume, extreme moves, and where most of the trades occurred in an asset during the day's trade.
These candlestick charts can even show a type of pattern that isn't shown in traditional charts. Called gap patterns, they can tell traders far more about where the smart money is moving as it happens.
That's a powerful tool and one that can help investors unlock better trading patterns for short-term profits.
Not sure the best way to get started? Follow these simple steps to hit the ground running.
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