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Investments

RookieTrader said: "I am looking to invest in some stock what is the best way to determine if the stock is the right choice, do i look back in previous months to see how well its been doing or how can i assume that the stock will be profitable for me."

misterjover said: "[QUOTE=RookieTrader]I am looking to invest in some stock what is the best way to determine if the stock is the right choice, do i look back in previous months to see how well its been doing or how can i assume that the stock will be profitable for me.[/QUOTE] Past performance is no guarantee of future results but it sure is a good indication thereof. Learn your charts, and learn to use RSI indicators and candlesticks, and that will improve your investment decision making if you are looking to do some trading."