SOME FREQUENTLY ASKED QUESTION :
What is Technical Analysis?
Technical analysis is a method of evaluating securities
by analyzing the statistics generated by market activity, such as past
prices and volume. Technical analyst use charts and other tools to
identify patterns that can suggest future activity.
Why should I have a knowledge of Technical Study ?
To make success in Trading/Investing stocks you must get
the knowledge first, you must learn before you lose. Many
Traders/Investor go into the stock market to make easy money but
without any knowledge they lose a large part of their capital. Before
Trading/Investing it is necessary to go through a period of
preparation. When you enter in any profession/business you take some
knowledge or learn that business rules before entering it, when you
don’t follow that rules you will lose money in that business too, so
for the same reason you will lose money in stock market and at last
people blame to their destiny.
After completing the course, How I will differ from others?
After completing the course you have a clear answer of following questions:
- Why & at what price I will buy/sell the instrument i.e equity, Commodity of Forex?
- What is the Risk Reward Ratio &
whether I am not breaking my money management rules? ( very important
for capital protection)
- At what price I place a stop loss, if it hits should I reverse my trade or exit?
- If I am in profit at what price I will book the profit (partial/full) & when to re-enter or exit?
- How & what basis should I pick my instrument for trading from so many scrips ?
- How could I identify, between the two instrument which one reward me more return on capital?
Why most people lose money in the market?
In my 5 yrs experience only about stock markets, It has
been realized that people have perception about share market either it
is gamble or pure luck. People wonder how to make this gamble or
speculation become a profitable business. More so is there need for any
formal education to learn about this speculation or business. For
doing this speculation or business most people depend on stereotypical
methods such as watching business TV channels, reading business
newspapers, trying to get free information over the Internet, trusting
on tips providers or broker’s, attending free seminars and so on. After
doing all this it is realized that major part or all of capital is
lost, then it is concluded that speculating and gambling is a big hoax.
Even all this is not enough to make them realize that educating one
self is the ultimate solution for the trading or investing in stock,
financial markets. Still it is believed that going thru all meaningless
methods are not enough make them learn & understand the simple
study of technical analysis. God bless them.