etradersclub will guide you how to understand and apply technical analysis on your daily trading and investing. We trade and invest in Indonesian's stocks market because indonesian's stocks market is growing. If you are interested in opening account to trade in Indonesian's stocks market, please contact us at: etradersclub@yahoo.com. Please read from the beginning, chapter 1 - Analysis.
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.