1.
   Q.  What is a stock?
   A.  A stock is a monetary share in a company that is open to public interest.

2.
   Q.  What do Support and Resistance mean?
   A.  Support is when a stock holds at a specific price without going lower. Resistance is when a stock holds at a specific price without going higher.

3.
   Q.  What is the difference between a bar and a candlestick?
   A.  A bar is a single line with the opening price on the left and the closing price on the right. A bar is used on charts as a less informative way of reading stock charts.
    A candlestick looks like a candle, hence the name candlestick. It has a Real Body as the middle section with wicks coming out either end, called the shadows. These shadows represent the other prices that were visited before the price closed. A candlestick is used on charts as a more informative way of reading stock charts.

4.
   Q.  Why is there such a variety of intervals?
   A.  There are many different intervals that can be used by a market player. Each interval is dependent on who is reading the chart. A long-term trader will read a chart using daily, weekly, and even monthly intervals. A short-term trader, on the other hand, will use 30 minute, 15 minute, 5 minute, and even 1 minute intervals.

5.
   Q.  How can you be confident before entering a trade?
   A.  There are many ways to be confident before entering a trade. There are 3 main steps to take:
1. Determine your mindset: Up or Down? 2. Read the chart: Look for as many patterns as you can find. 3. Determine the pressure of the stock.
6.
   Q.  How do you trade a stock?
   A.  Stock traders trade through stock brokers. These brokers act as middlemen between the traders and those playing the same stock. By logging on to brokerage sites, a trader can have access to any stock that he is interested in trading
        A Day Trader, on the other hand, trades using software on his computer. Day Traders do not deal with brokers at all.

7.
   Q.  How do you know when to trade a stock?
   A.  This is where strategy comes into play. A strategy guides a trader when to enter a trade and when to exit, taking the profit home. Following a strategy takes a lot of discipline and training.

8.
   Q.  What do patterns in a stock prove?
   A.  Patterns that appear in a stock can help prove many things. A pattern can be proof to support an entry to a trade. A pattern found can also show a trader when to pull out of a trade.

9.
   Q.  What does it mean to “Play the Trend”?
   A.  To “Play the Trend” means to follow the direction that the market is going. Don’t go against the odds. Do not try to buy at the bottom or sell at the top; you can never be too sure where that will be. Learning to Play the Trend is an essential part of day trading. A trader must look for trend lines and stick to them. Paying close attention to detail is imperative when making successful trades throughout the day.

10.
   Q.  What do yesterday’s highs and lows have to do with today?
   A.  What happens today in the market is a result of what happened yesterday. The worth of a stock is evaluated according to how a stock is today compared to yesterday.

11.
   Q.  What are ways for a trader to predict where a stock will go next?
   A.  A trader can look for patterns forming in the stock that support the trade. He can measure the pressure level of the stock. A trader can examine the past of this stock and study how consistent it is. These are some ways that a trader can predict the direction of stock.

12.
   Q.  What does it mean to be a disciplined trader?
   A.  A disciplined trader is someone who knows what each trade entails. He understands all the consequences involves. A disciplined trader will follow his strategy through till the end.

13.
   Q.  How can a trader be successful if the market is in a bearish cycle?
   A.  When a trader has the proper knowledge and discipline needed to buy and sell winning stocks, he can be successful in any market. Those traders who have a strong knowledge base and never veer from their strategy are the ones who make money in both bullish and bearish cycles. They watch past performance and use it to predict how a stock will behave.

14.
   Q.  How does a stock trader differ from a gambler in Las Vegas?
   A.  A gambler does just that – he gambles his money, many times without much forethought. A trader, on the other hand, uses strategies and discipline. He plans each step before making any moves.