Beginner Traders Archives

14 Days to A Better Trading Education

Better Trading Education in 14 days? You have made the decision that you want to be a successful trader. Then the question is, how can I do this? Our goal at The Chartist is to help you become a successful trader. The benefits of The Chartist are first that we are trading with you. These […]

Best Trading Books for Share Trading

We asked Nick Radge what is one book you believe is a must read for any trader starting out? If you are a beginner, a particularly good start as a very basic introductory book would be: 1. Trading for a Living by Dr. Alexander Elder It is an oldie but a goodie.. If you are […]

Are Trading Courses Worth It?

You want to learn how to trade but you are wondering, are stock trading courses worth the investment? Learning is the process of acquiring new understanding, knowledge, behaviour, skills, values, attitudes. We all learn in different ways so you need to find the best fit for you. If you learn by reading, then find some […]

How Can I Grow My Wealth?

Would you like to grow your wealth? Yes, you say! But how? This is a great topic for you to explore and educate yourself about. There is no “one size fits all” when it comes to growing your wealth. After researching you will need to decide the best path/s for you to navigate. To know […]

Stop Wasting Time & Start Trading Education…NOW!

How many times have you wanted to start something new and put it in the too hard basket? Or said, “I don’t have enough time”? Today is the day for change. It’s time to begin your trading journey with some simple trading education. Start small and build from there, step by step. Slowly add more […]

Stock Market Terminology – Definitions and Usage

Stock market terminology can be confusing, a language all its own. We’ve listed below all the stock market definitions we can think of but if we’ve missed one be sure to let us know. Stock market terminology – A to Z ABC Elliot wave terminology for a three-wave countertrend price movement. Wave A is the […]

Chart Crimes

We’ve all been exposed to chart crimes. Social media, namely FinTwit, probably contains the worst (best?) chart crimes. Here is a typical example. In 2017 FactSet Data posted the chart below. The blue line is the 1987 crash. The green line was an overlay of the stock market in 2017, the conclusion (allusion) being that […]

Stock Splits – To Buy or Not?

Some large corporate activity has been taking place with Apple announcing a 4-for-1 stock split on July 31st, and Tesla announcing a 5-for-1 split this week. Both stocks powered higher on the news. So what is a stock split and does it induce buying? Stock splits are a way for a company to increase the […]

ASIC Warning for Retail Investors

ASIC warning for retail investors. We commonly hear that most retail traders lose money. Urban myth or reality? The French financial regulator, or Autorite des Marches Financiers, did a 4-year study that found: – 89% of clients lost money trading foreign exchange. – 13,224 clients collectively lost EUR175 million – investors learn little over time, […]

Dollar Cost Averaging

Dollar Cost Averaging Dollar Cost Averaging (DCA) is the process of buying shares at regular intervals with purchases made regardless of price fluctuations of the asset. The usual process is that a small percentage of one’s salary is set aside to invest each week, month or quarter. DCA is often put forward as a valid […]