Lesson 5 of 8: Intro to Technical Indicators | Getting Started with Technical Analysis | 12-5-23

Getting Started with Technical Analysis | Cameron May | 12-5-23
Characteristics and Risks of Standardized Options. bit.ly/2v9tH6D
What are all those crazy, colorful lines and things on a trader's stock chart? Those are known as technical "studies" or "indicators." In this video, we use example charts to explore the pros and cons of three example indicators that are used by some traders to identify potential trend direction and trend strength: "Simple Moving Average" (SMA), "Moving Average Convergent/Divergent" (MACD) and "Relative Strength Index" (RSI).
Moving averages, Oscillating Indicators, MACD, Stochastics, or RSI? It all sounds like a foreign language! Just like using a stop light while driving, technical traders use indicators to help them know when to stop, go, or proceed with caution. In this episode, get an introduction to some of the most popular technical indicators and how to use and interpret them. Learn how to customize them, create study sets, and which combination of indicators can be effective.
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Options involve risks and are not suitable for all investors. Please read the Characteristics and Risks of Standardized Options carefully before trading.
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