57 - Technical Analysis for Value Investors with David Keller

How to connect with David Keller Follow his work on Twitter: @DKellerCMT  David Keller's Websites: MarketMisbehavior.com (home of Sierra Alpha Research) Includes a blog and YouTube Channel https://stockcharts.com/ Please review and rate the podcast If you enjoyed this podcast and found it helpful, please consider leaving me a rating and review. Your feedback helps me to improve the podcast and grow the show's audience.  Follow me on Twitter and YouTube Twitter Handle: @TreyHenninger YouTube Channel: DIY Investing Support the Podcast on Patreon This is a podcast supported by listeners like you. If you'd like to support this podcast and help me to continue creating great investing content, please consider becoming a Patron at DIYInvesting.org/Patron. You can find out more information by listening to episode 11 of this podcast. Show Outline The full show notes for this episode are available at https://www.diyinvesting.org/Episode57 Part 1: Applied Technical Analysis for Fundamental Investors Technical analysis quantifies investor behavior Charts can help you filter investment ideas after they have passed a fundamental analysis process. "What are the best 5 ideas TODAY." Value Investors would most benefit from using: Leading indicators: Demark Indicators anticipate reversals Lagging indicator: RSI (Relative Strength Index) measures price momentum Part 2: Behavioral Finance and Mental Models Key Behavioral Biases / Mental Models that investors struggle with: Confirmation Bias - Give greater weight to evidence that agrees with you Narrative Bias - We love stories Endowment Effect - Falling in love with your stocks Investor Habits that lead to Success: Keep an investment journal (Why are you buying?) After each investment: Write a post-mortem analysis Find a tribe. Who will hold you accountable and help you grow?