Why Point & Figure Charts?
Point & Figure (P&F) charts are one of the simplest and clearest ways to picture the securities prices and determining the best time to buy and sell shares or any other security. The Point & Figure system represents one of the oldest approaches to stock market trading. It has been used for more than a decade and was for example used by the great trader Jesse Livermore who made millions in the stock market in the 20th century. This method takes the technical analysts approach while monitoring supply and demand for each stock. The point and figure charts are usually used for long-term trading so that the time and cost of trading shares is minimal. The Point and Figure method can of course also be used for successful intraday and realtime daytrading, as the forces of supply and demand are present in any timeframe.
