Tuesday, October 19, 2010

1 - ANALYSIS


There are some ways to analyze the stocks market, forex market, commodities market and other securities.

First, technical analysis is a security analysis discipline for forecasting the direction of prices through the study of past market data, primarily price and volume. (from wikipedia)
The person who applies technical analysis is called technicalist or chartist.

Second, fundamental analysis of a business involves analyzing its financial statements and health, its management and competitive advantages, and its competitors and markets. (from wikipedia)
The person who applies fundamental analysis is called fundamentalist.

But on this blog, we will focus on technical analysis.