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
Chart Patterns
by PRASHANT SHAH -
When traders and investors identified method of plotting prices and draw charts, they could figure out patterns on them. They also realised that these patterns are repetitive in nature. When you observe your market screen, you observe how price is moving and design a pattern which is in your mind. Next time, when you come ... Read more
Trendlines
by PRASHANT SHAH -
Trendline is a one of the important tools in the arsenal of technical analysis tools for traders and investors. Trendlines are drawn on the chart by connecting important tops and bottoms. There are three types of trendlines. Up Upward slopping trendline is bullish trendline. It is drawn by connecting at least two bottoms. Down Downward ... Read more
Fibonacci Ratios
by PRASHANT SHAH -
Introduction The Fibonacci sequence is named after Italian Mathematician Leonardo of Pisa, Italy. He was known as Fibonacci. He wrote about mathematical series of number which became popular and known as Fibonacci Numbers. He introduced the sequence to the Western world in the 12th century. But He did not invent it. He gave credit for ... Read more
