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Why charts for stock market are accurate?

Posted By On 4/30/2008 06:04:00 PM
1. Charts do not lie for a stock as these charts are devoid of any
emotions.

2. We are so obsessed with ourselves as an individual that we try to
force our will on the market and try to find a trend which is non
existant and we listen to our heart instead of our mind.

3. Use the charts like a machine and read it the way charts are
showing us the direction and avoid forcing our will on the charts.

4. Charts read stocks like a machine and thus elements like fear,
greed, emotion are kept at bay. Thus to make money listen to charts
and not to your heart.

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