Identify trend.
Is the stock trending up,down or moving sideways?
Best to view a 6 month daily chart to determine the short term trend. i.e. is the price of the stock moving UP, DOWN or STAGNATING over the short term.

Check volume.
Is there volume in the stock that you are looking at?
Ideally we are looking for volume consistency. If volume is increasing along with share price this would indicate that the buyers are in control. If volume is increasing as share price is falling then there are more sellers than buyers. Volume refers to the total NUMBER of shares of a particular stock, that traded (changed hands), on any given day.

Support and Resistance.
These price levels are better determined by looking at a chart over a longer period of time. A minimum of 12 months is desirable. Look at the share price in relation to the support & resistance levels. These price levels can be used effectively to determine the appropriate time to enter into a sell out of a stock. The more times that a price touches a level of support/resistance the more valid that support/resistance line becomes. If the price is at or near a support & consolidating on increased volume, that is a positive sign. However if on the other hand the volume is light, or the price near a resistance level, be cautious.

Explanations and examples of the above can be found in the video tutorials-accessible from the Help Desk or Support tab in your program.

The following method is best applied to a bar chart.

In falling (bearish) and sideways markets the RSI is the preferred indicator and it will alert to stocks that are technically oversold. The CMA and CPMA are better suited to a bull market (up) as they are moving averages, which can identify strong rising trends.

The MVA can be used in all market conditions and the suggested settings for this indicator are volume increase of 100%, price increase of 3% and a look back period of 5 days.

Paper-trading is a form of practicing with the program before investing your money on the stock market. You should use the program as normal to download and analyse, responding to your entry and exit alerts by buying and selling stocks in your Portfolio.

If you do not contact your stockbroker, then you will not have actually purchased these shares. The ‘dummy trades’ can be deleted from your Bank and Portfolio when you are ready to begin trading on the stock market.

Click on the Indicators tab and click on the Favourites button. Enter in the settings that you would like to be displayed on each stock chart and click Close. Tick the ‘Show’ box above the Favourites button to apply these settings to each stock chart.

There is a list of Stockbrokers in the Help Desk or Support section of the program and you should contact those in your area to obtain quotes. Alternatively, you can enquire about a trading account online or with your local bank, as many provide this service. It is up to you to decide which you would prefer to use and they should assist you with setting up your account.