Yes, technical analysis helps a lot while trading or for short term investment. It is a tool that helps to assess securities and recognize trading opportunities by analyzing statistics assembled from trading activity, such as price movement and volume. This analysis helps to spot the opportunity to enter and exit trade in a profitable period with profit.
Moreover, it can be used along with fundamental analysis to trade with high success rate even in the long term investment. However, if you want to learn the technical and fundamental analysis of the stock, Commodity or Currency market then you can join the institutes like NSE India, Share Market Shiksha, Nifty Trading Academy etc. (Source: https://www.quora.com/How-does-technical-analysis-really-help )
0 Comments
8/28/2018 Which book is the best on fundamental analysis and on technical analysis in India?Read NowFundamental analysis is a technique of evaluating a stock in an attempt to assess its intrinsic value, by examining related economic, financial, and other qualitative and quantitative factors.
Technical analysis is used to evaluate stock and identify trading opportunities by analyzing statistics gathered from trading activity, such as price movement and volume. The book is really helpful to learn about technical and fundamental analysis. They are: Technical analysis:
(Source: https://www.quora.com/Which-book-is-the-best-on-fundamental-analysis-and-on-technical-analysis-in-India ) Technical analysis is tool that helps to assess securities and recognize trading opportunities by analyzing statistics assembled from price movement and volume. Technical analysis can be applied to stocks, indices, commodities, futures or any tradable instrument where the supply and demand have the influence over price.
Price data or market action denotes any combination of the open, high, low, close, volume, or open interest for a given security over a specific time frame. Technical analysis can be applied to all securities where the supply and demand have the influence over price. So, if you are planning to use it for trading then you need to know the limitations of this analysis and know about the fundamental analysis to use it to trade successfully. However, you can join the institutes like NSE India, Share Market Shiksha, Nifty Trading Academy etc to learn the technical and fundamental analysis of the stock, Commodity or Currency market. (Source: https://www.quora.com/What-is-technical-trading-analysis ) I also faced the same problem you are facing right now. So, I joined an institute called Share Market Shiksha to learn the technical and fundamental analysis of the stock, Commodity or Currency market. The interactive courses are designed in such a way that it trained me to analyse the share market trend and make a wise investment plans to trade confidently.
I really suggest you to join any best institute around you and learn in the real environment of trading. You need to make sure that there are practical and interactive sessions available in the instute before joining them. (Source: https://www.quora.com/Where-can-I-find-a-mentor-for-learning-trading-based-on-technical-analysis ) You should try taking fundamental analysis into account along with the technical analysis. Then you might be able to formulate a profitable plan to trade in the market.
Now, getting rich will depend upon you and your plan along with investment amount. If your plan is properly formulated based on both technical and fundamental analysis then it is highly possible that you might also get rich. Still, the market is a highly risky place as it fluctuate at uncertain rate. However, if you want to learn the technical and fundamental analysis of the stock, Commodity or Currency market from best institutes like NSE India, Share Market Shiksha, Nifty Trading Academy etc. This way you will learn to trade professionally in any market condition. (Source: https://www.quora.com/Is-it-possible-to-get-rich-by-trading-Forex-using-only-technical-analysis ) There are many technical indicators that are effective if used properly but the effectiveness of it also depends upon the analyst. Basically it helps to evaluate the historic price movement of the stocks. So, you can choose the indicators that is most suitable for you among the following:
(Source: https://www.quora.com/Which-are-the-best-indicators-in-technical-analysis ) Technical analysis is tool that helps to assess securities and recognize trading opportunities by analyzing statistics assembled from price movement and volume. A single call stock option gives the buyer the right but not the obligation (except at expiration) to purchase 100 shares of the underlying stock for a set price (the strike price).
So, the technical analysis will help to spot the profitable opportunity to enter and exit trade. I learned it by taking a course at the Share Market Shiksha institute. It is good to have a teacher or mentor to learn the technical analysis of any market or trading. They taught me perfect use of technical and fundamental analysis along with trading psychology of stock, commodity and currency market. (Source: https://www.quora.com/How-did-you-learn-to-use-technical-analysis-tools-for-options-trading ) Technical analysis is a method to foresee the price of stocks. It helps to assess securities and recognize trading opportunities by analyzing statistics assembled from price movement and volume. You can follow the following steps to learn the technical analysis:
(Source: https://www.quora.com/How-can-I-learn-technical-analysis-for-intraday-trading ) The technical indicators helps to evaluate the past price movement of the stocks. There are many technical indicators available to use but the effectiveness of it is dependent upon the user. So, you can find the indicators that is most suitable for you from the following list of best indicators:
(Source: https://www.quora.com/Which-are-the-best-indicators-when-doing-technical-analysis-with-stocks ) 8/28/2018 What is the use of learning technical analysis when we lose money despite that in trading?Read NowIf you are losing the money once in a while then it is normal. However, if you are losing money frequently then you need to look at the limitations of the technical analysis. The technical indicator cannot predict the price movement accurately if the price is affected by external factors like war, events etc.
So, its best to use the fundamental analysis along with the technical analysis to cover up the left field of technical analysis. This way you will make a very successful plan. However, if you want to learn the technical and fundamental analysis of the stock, Commodity or Currency market then you can join the best institutes like NSE India, Share Market Shiksha, Nifty Trading Academy etc. (Source: https://www.quora.com/What-is-the-use-of-learning-technical-analysis-when-we-lose-money-despite-that-in-trading-1 ) |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
September 2018
Categories |