Why Keep a Stock Market Watch List?
First things first, what exactly is a stock market watch list? It is a list of stocks that you feel are good strong buys for whatever reason. It may be that these companies are having rapid growth with great earnings and the company itself is a good investment. It could also be because the company is in a strong bullish trend and buying pressure is likely to keep pushing the stock up. The idea behind keeping a watch list is that you are able to follow these strong stocks and buy when they give off a good technical signal. This would give you would have the best of both worlds, a fundamentally strong company with a great technical analysis entry. Another reason why someone would want to keep a watch list is because it is easy. It is far easier to keep a watch list and check it every day then to go out and look for new stocks every single day that just gave off a buy signal. Even more than that, it is harder to look up any fundamentals aspects of the stock, if you are so inclined, on all stocks that give off technical signals. The third and final reason why it is important to develop a watch list is that if you keep trading a few stocks it will be easier to learn the patterns of those stocks. Yes, all stocks follow the rules of technical analysis but they all follow them in their own specific way. The longer you trade a given stock the better you can become at predicting how that given stock acts and the better you can get at trading it. 
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