by admin@proficient | Jun 20, 2016 @ 11:26 am | Techno-fundamental analysis |
In our previous issues, we have discussed in detail the first two tenets of Dow Theory. Let us conclude the remaining four. The Principal of Confirmation The theory requires both averages (Industrials & Railroads) to make new highs in order to declare a...
by admin@proficient | Jun 14, 2016 @ 7:41 am | Techno-fundamental analysis |
Let’s continue with the tenets of Dow Theory: 2.Classification of Trends. Trends are broadly classified into three major groups: The Primary wave, The Secondary swings & the minor day-to-day fluctuations. Let’s consider each of them in bit more details. The...
by admin@proficient | Jun 7, 2016 @ 12:36 pm | Techno-fundamental analysis |
A major difference between both the forms of analysis is the time frame over which they are conducted. An investor who wishes to invest in a business for a longer period of time (say more than 3 years), it becomes very important to understand the business in-depth...
by admin@proficient | Jun 6, 2016 @ 10:23 am | Techno-fundamental analysis |
Part 1 Let’s get into the tenets of Dow Theory. We have 6 principles to cover here. 1. The Averages Discount Everything (Except “Acts of God”) During Dow’s time, there was considerably less liquidity & price manipulations were rampant. By creating an aggregate of...
by admin@proficient | May 19, 2016 @ 1:38 pm | Techno-fundamental analysis |
Welcome to the fascinating world of technical analysis. We begin this new series with Dow Theory and a bit of historical background. Technical Analysis as a discipline began late 19th century, when Charles Dow, a Wall Street journalist, created two separate indices,...
by admin@proficient | Jul 20, 2015 @ 6:52 am | Techno-fundamental analysis |
To most of the routine day traders, online equity trading may seem like a cakewalk, but to freshers in stock trading market, this practice may seem shrouded in mystery! With the advent of brokerage accounts as well softwares pertaining to share trading in the virtual...