Learning Technical

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With the current financial crisis happening globally, the stock market has dropped significantly.  It is true that some of the shares have recovered but majority have not. Now that a lot of people are trying to find safe haven for whatever funds they have left, it may be a time to buy shares.

I used to subscribe to the notion of buy and hold but that has caused me to lose a significant amount of funds. Maybe, investment should be a mixture of technical analysis and fundamental analysis. A lot of books and sites have been written on both topics.

So the question remains, how do you start. For the U.S. share market a lot of sites provide tools to perform such analysis but in other countries, there isn't as much. So what is the alternative. One of the tools I found that can be obtained for free to help learn / self study technical analysis is chartNexus. You can download and install the tool and it provides a daily update (End Of Day) data for a lot of different countries. The free edition is full of features but if you are not satisfied, you can buy additional modules. This is a much cheaper way of learning technical analysis compared to tools like Metastock which still requires you to find a data provider.

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