Stock Market Functioning – Basics
by PRASHANT SHAH -
Dora and Company Before we discuss about Options and derivatives, it is important for the one to have knowledge of how stock market functions. You can skip this chapter if you know the basics of stock market functioning. Meet Dora. His story can help us learn about how stock market functions. He had a business ... Read more
Bibliography
by PRASHANT SHAH -
(In alphabetical order) Bulkowski, Thomas N. Encyclopedia of Chart Patterns. New York, NY: John Wiley & Sons, Inc., 2000. Carney, Scott M. Harmonic Trading, Volume One: Profiting from the Natural Order of the Financial Markets. FT Press; 1 ed., April 22, 2010. Covel, Michael W. The Complete TurtleTrader. HarperCollins e-books (2009). Edwards, R. and Magee, ... Read more
Elliott Wave Theory – I
by PRASHANT SHAH -
Ralph Nelson Elliott (1871 – 1948) is a creator of Elliott wave theory. Elliott wave is an established theory and a popular branch of analysis today. But there is one more side of his life which many are not aware of. He entered the accounting field in the mid-1890s and primarily worked in executive positions ... Read more
Bar charting method
by PRASHANT SHAH -
You may recall that the line chart connects a single price (closing price) to plot the chart. We discussed about four prices that we get for each session: Open, High, Low and Close. Instead of only considering closing price of a particular session, all prices of the session can be plotted in the format of ... Read more
Candlestick charts
by PRASHANT SHAH -
t popular and widely followed charting method. It is considered to be among the oldest Japanese charting method. The early form of candlestick chart patterns was explained by Homma Munehisa in his in book titled The Fountain of Gold – The Three Monkey Record of Money. This book was published in 1755. Originally a rice ... Read more
Introduction to Market Analysis
by PRASHANT SHAH -
Introduction As a trader or investor, how would you decide whether to buy or sell any security? Is it based on the analysis and / or recommendation by someone else? If so, the recommendation from the third person should be based on some study. It is better that you study the methods and develop your ... Read more
