There are plenty of charting programs out there. But seriously, why look further? Other than make you an extra-shot nonfat vanilla latte, thinkorswim® charts can do almost anything you’d need a chart to do–even if you’re not a chart reader. Want to compare two stocks on one chart? No problem. Would you like to conduct a […]

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Key Takeaways The stochastic oscillator, created in the 1950s, is designed to signal support and resistance levels It attempts to track price momentum and signal when a stock price may have gotten ahead of itself, or “overbought” vs. “oversold” stocks Stochastics can be combined with other technical indicators to help determine trends “It doesn’t follow […]

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Key Takeaways Technical analysis is the study of historical price and volume to identify and project price trends By plotting price over time, charts allow technicians to identify trends, or a prevailing direction of price movement Technical analysts believe trading with the trend increases the probability of success Investors use a variety of methods to […]

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Key Takeaways Seasonal factors in the markets have inspired several popular myths about trading patterns Although there is some historic truth to a few of the adages, there’s also plenty of reason to be skeptical Some patterns that once seemed predictable have become less so over the years Seasonal market patterns—certain periods of the year […]

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Key Takeaways With thinkScript, ordinary traders can create their own custom charts and data  Learn to use thinkScript for technical analysis, custom data, and backtesting You can also script alerts for your TD Ameritrade mobile apps  Back in the early days of thinkorswim®, traders clamored for an ever-growing catalog of technical studies and strategy tests for […]

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Key Takeaways Learn three popular price chart types—line, bar, and candlestick—and when you might choose to use each type  Understand what constitutes a trend, a support level, and a resistance level Among the hundreds of technical indicators, the right combination may be different for each trader Question: How do you know when a stock stops […]

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Key Takeaways Markets often comprise short-term, intermediate-term, and long-term trends A simple moving average (SMA) can help indicate the direction of a given trend Using two simple moving averages can help you select entry and exit points Whether you’re surfing the waves on Hawaii’s North Shore or the volatile markets on the trading screen, failing […]

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