What is the primary function of charting software in technical analysis?

To predict future stock prices with certainty To automate trading decisions without human intervention To visualize and analyze stock charts for identifying trading opportunities To generate buy and sell signals based on fundamental analysis

Which of the following is NOT a popular charting software mentioned in the text?

Metastock Amibroker Zerodha Pi Bloomberg Terminal

What is the recommended approach for beginners in terms of trading style?

Start with day trading for quick profits Focus on scalping for small, frequent gains Begin with swing trading, holding positions for a few days Invest in long-term buy-and-hold strategies

What is the 'opportunity universe' in the context of technical analysis?

The entire stock market, including all listed companies A curated set of stocks that a trader focuses on for potential trades Stocks that are expected to have the highest returns A diversified portfolio of assets across different sectors

What is the suggested lookback period for swing trading opportunities?

1 week to 1 month 3 months to 6 months 6 months to 1 year 2 years to 5 years