How I Would Use Allstarcharts.com If I Were You

JC Parets
June 2, 2016

Hi I’m J.C. and I’m a Technician.

I analyze the behavior of the market and market participants. I do this every day and have been doing this professionally for well over a decade. In 2008 I earned my Chartered Market Technician (CMT) designation and founded Allstarcharts.com in 2010. What started as just a humble blog has turned into one of the fastest growing technical analysis research platforms in the world. The platform is jam packed with actionable trade ideas and analysis, but I recognize this can be overwhelming at times. That's why I'm writing this post - to help our newer members take full advantage of all that the platform has to offer in a short period of time.

As a new Premium Member of Allstarcharts, the first thing I would do is go read the most recent weekly letters. These are always delivered to your inbox during the first half of each week. The one exception is when there is a Monthly Conference Call scheduled for that week, which is for members only, of course. The next thing I would do is go listen to the last Conference Call so you can get a good idea of how we currently want to approach the market.

After reading those two things, you will know my current stance on Stocks (both in the U.S. and Globally), Commodities (including Precious Metals, Energy and Agriculture), Interest Rates (both U.S. and abroad), and an extensive list of the largest Currency Cross around the World.

The next thing I would do as a new member is take a glance at the Chartbook. This is basically my own personal journal where I keep notes on all of these markets. I update most of them every 5-7 days and the more macro stuff every 10-12 days. The best way to use the Chartbook is as a reference. For example, if you want to know my thoughts on Crude Oil but  I haven’t mentioned it in the weekly letters or conference calls in a while, you can check there. Or perhaps you want to put on a position in Apple shares. Go to the Apple charts to read my commentary. You’ll notice the charts have both Weekly and Daily timeframes, so you can see both my longer-term view and shorter-term outlook.

By this point you are an expert on what JC thinks about everything in the world. But if you still have any questions, you can then go to the Premium Contact Page and message me directly. Feel free to ask me about my approach, a clarification on something I said in a newsletter or conference call, or even just to say hi. Our community is awesome and you guys send me such nice messages. So I do appreciate that, thank you! My mom also thanks you. She loves to read the Testimonials page.

Once you’ve done all that and you’re rocking and rolling, I would go back and see what we were discussing in letters from earlier in the year and if you have the time, go re-watch the old Conference Call Videos. They are all archived in the Members Section. The archived letters and other premium content can be found there as well.

There is a lot of research available for you as a member. Whether you are a shorter-term trader, or a longer-term investor, Stocks or Futures, Options or ETFs, there is plenty for everybody. I understand that we all have different objectives. So the first thing I would do before executing a trade based on something you have read on the site is to define those objectives. Ask yourself these questions and make sure you have an answer:

  1. Who am I as an Investor? Am I trading/investing for myself? Am I an RIA? Do I trade for a hedge fund? Am I a young student just trying to learn? Define who are you, first and foremost, and let that inform your decisions.
  2. What are my ultimate goals in the market? Generate income? Speculate on growth? Diversify a portfolio?
  3. What is my time horizon for a position? A week? A month? A year? A day?
  4. How much risk am I willing to take on a given position? Risk tolerance is very important to define

I think we can all agree there are some additional questions worth asking yourself, but these will get the job done as far as I'm concerned.

Now, after all of that, I would do what I can to make things easier on yourself to access the research. Make sure you save allstarcharts.com/blog to your favorites on both your computer and mobile device. This way you can always see the latest updates, whether it’s a new letter, conference call, or additional research that is often provided.

We also have a Trade Ideas page to keep track of all of the stocks, commodities and currency ideas mentioned throughout the research. This keeps the idea flow organized and easy to reference.

If you still have any questions about how to best use the platform, I can always be reached using the Member Contact form.

[hide_from accesslevel="premium"]If you're not already a Member, I invite you to start your 30-Day Risk-Free Trial Today. Click Here to get started.

[/hide_from]Cheers,

JC

 

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