CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
US English

What is a chartist?


A chartist – or technical analyst – is someone who tracks the historical prices of an investment, such as equities, currencies and commodities, to predict its future movement. They’re so-called because they use charts or graphs to carry out this work.

Where have you heard about chartists?

You may have heard about chartists when looking for help with your investments. This school of thought doesn’t believe that the prices of investments are arbitrary. In fact they believe that history always repeats itself.

What you need to know about chartists.

Chartists look to pinpoint patterns and trends in prices through mathematically based indicators that calculate trends. Chartists believe that it’s possible to judge when the optimum time is to buy or sell an investment.

While lots of people rely on chartists to help them with their investments, it should be noted that past performance should be no indicator of future success when it comes to your finances. No one can truly guess the future of the stock market.

Find out more about chartists.

Chartists believe they can carefully forecast their rise and fall of investments by using fundamental analysis and/or technical analysis.

Related Terms

Latest video

Latest Articles

View all articles

Still looking for a broker you can trust?

Join the 610,000+ traders worldwide that chose to trade with

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading