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6:

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The stock market is a psychological battlefield, and if you re going to participate, you d better bring a set of powerful tools, especially market indicators The indicators can be technical, sentiment, or economic, but their purpose is to give you insights into market direction Just as a carpenter needs a hammer to build a house and a golfer needs the best clubs, traders and investors need market indicators You re not only battling other buyers and sellers but also your own raw emotions And for that, you need an unbiased and unemotional source that can keep you on the right side of the market Using market indicators can keep your emotions in check and allow you to focus on the facts The market is not only a psychological battlefield but also a huge mind game Using indicators can help you keep your mind focused on the game Market indicators can do even more When used properly, market indicators can act as an early warning system, alerting you to potentially dangerous market conditions, or signaling when it s safe to buy again Many traders use indicators to determine when buyers have become too greedy or fearful Indicators can also identify when the market or an individual stock might reverse direction In addition, many traders simply use indicators to monitor market conditions, especially the current market trend: up, down, or sideways For all of these reasons, using market indicators makes sense Finally, to make profitable buying and selling decisions, you need up-to-date and correct information, and that s how market indicators can help What you hear on television or read in the news can often be misleading After a severe market correction, tons of articles appear in the papers that predict the market will fall even more And then, if you look at the indicators, they might say the exact opposite Whom do you believe It would be nice if someone rang a bell to signal which way the financial winds were blowing Since this bell doesn t exist, we have to rely on tools, such as you guessed it: market indicators.

tages and disadvantages of these solutions, and select the best alternative Because most systems analysts have some supervisory or management duties, management skills such as estimating, scheduling, controlling time, maintaining efficient work habits, and accepting responsibility are important Computer-aided software engineering (CASE) is a collection of computerbased systems development tools designed to assist in all aspects of systems development Upper-CASE tools assist with early stages in systems development such as data-flow diagrams, layout designs, and data dictionaries LowerCASE tools focus on the implementation stage and can automatically generate structured code CASE products are available for personal computers, networks, and mainframe computer systems These systems development tools are expensive, but experts feel that they can substantially reduce costs and save time compared to nonautomated systems development

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Another reason you should use market indicators is to help choose individual stocks According to research, more than 75 percent of stocks follow the market Therefore, using indicators to anticipate the market s direction could improve your stock performance They help put the odds, and potential profits, on your side Using indicators means you no longer have to rely on some blowhard on TV, or your neighbors, to tell you what stocks to buy or sell Listen to them and you ll probably spend years trying to get back to even It s really quite simple: If you receive stock tips from other people, you ll trade for a day But if you learn to find your own stocks using market indicators, you ll trade for a lifetime

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