Three small lessons for your first practice session
Original narrated demonstrations by Stock Signals. Every price and scenario is invented. Each video includes on-screen text, a caption track, and a text version below.
How to read your first stock chart
About 43 seconds
Find support and resistance on an invented chart. Separate an observation about the past from a guess about the future.
A chart records past prices. Read it from left to right. In this invented chart, two lows are near $98 support and two highs are near $102 resistance. Both levels can break. Describe what you observe; the next price is unknown.
Position cost versus planned loss
About 42 seconds
See why buying five shares at $100 costs $500, while a planned stop at $98 gives $10 of planned loss before extra costs.
Entry $100 minus stop $98 equals $2 of planned risk per share. Five shares cost $500, while planned loss to the stop is $10. A gap, slippage, or fees can increase the actual loss. A stop is a plan, not a guaranteed maximum.
Feeling rushed to buy? Try this pause
About 45 seconds
Notice the feeling, check the plan, and remember that waiting is an available choice. Review the decision as well as the result.
If price is rising and you feel rushed, pause. Name the feeling and check your reason, stop, and share size. Waiting or skipping is allowed. A careful decision can lose and a rushed decision can win. Review whether you followed your rules.