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Recognizing the Many Benefits of Candlestick Charting

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Trading, investing, and charting styles are plentiful. You can spend hours debating what type of approach to the markets is best. For me and a growing number of other traders, the benefits of a candlestick chart versus other types of charts aren’t really debatable. Let me tell you why.

Changes and developments in the way stocks and other securities are traded (and when they’re traded) have made trading an increasingly complex undertaking. (For more info, see the nearby sidebar “What makes up a day?”) Because trading is becoming more complex, the need for a consistent, dynamic charting method is more important than ever. Traders need easy-to-read charts that allow them to make quick decisions and analyze patterns efficiently. Candlesticks offer those benefits and many more, all of which are covered in this section.

Candlestick Charting For Dummies

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