The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we’re going to answer the question – “How long should you spend analyzing stock charts?” I think there’s actually two parts to this question. There’s the first part which is – “How long do you spend analyzing a stock chart before you make a particular trade?” And in that case, I don’t think you spend too much time. Ultimately, stock charts are there as an engagement tool and I like and use stock charts as an engagement tool because they give us an idea of where the stock has been in the future and what the current market situation is, how fast is the stock moving or not relative to the past. But stock charts are still just purely an engagement tool, a tool that gives us perspective on what has happened on the underlying security. In my opinion, I think you can still make trades without using a stock chart. We’ve gone over this before in the weekly podcast many, many years ago where we said eventually, there’s go