Fear and greed are forces that drive the market. Most stocks track the market as a whole. If the market is rising, the stock is rising. The investor must follow the the big indexes such as the SP-500 or the DJ-30. You can draw lines where the price has changed direction in the past. Price history holds clues to the future price action. History is the only indicator we have access to. The same rule applies to the super big trading syndicates. We have access to the same information as they do. Program trading accounts for a large percentage of the daily trading volume. Computers are programmed by humans with access to the same information. They use price, time, and volume levels to create buy and sell signals. Price, time, and volume are the only variables we have to work with. The hundreds of indicators you see on the charting platform are a variation of price, time, and volume. There is nothing else.
You don't need to be an expert chart reader to increase your returns. Most people ,that I have taught, use very little of the methods that I have just presented. Their average rate of return is better than 15% annual. They do not spend much time trading and are very happy with the returns they are getting. You decide how much time you want to put in and how much money you want to make. I am putting the information out there. Use what you want and disregard the rest. If you take the initial time to develop a good investment system, fear and greed will have no effect on your bottom line. Learn the basics once and just do the same thing over and over. Eliminate stress and get a reasonable return on your investment.
DeCecco, Dana (2013-01-28). Stock Trading Tips (Kindle Locations 337-343). Dana DeCecco. Kindle Edition.