While much of what Dow wrote can be recognized in some form in modern-day technical analysis, it has inevitably been criticized in the light of later thinking. Considering that Charles Dow made his observations more than 100...
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The Basic Principles: The Six Tenets
You’ll find that the principles that Dow discovered are still considered valid and useful. As much work as has been done on technical analysis in more than 100 years, the basics still apply. Here are the six principles that...
The Dow Theory
It is generally recognized that technical analysis started with the work of Charles H. Dow. This is the same Dow who teamed with Edward Jones, and is still remembered in the name of one of the leading stock market indices, the...
Criticisms of Technical Analysis
There are some who doubt the usefulness of technical analysis. After all, charts can tell us where the market has been, but why should they reveal where the market is going in the future? Do you ever listen to the weather...
Technical Analysis versus Fundamental Analysis
The argument for technical analysis vs fundamental analysis often comes up when people examine the available methods for making money in the stock market. Is one type of analysis better than the other? Should you concentrate on...
Trading Versus Investing
Many people get confused between trading and investing, as on the one hand the goal of both is the same, making money, yet on the other hand when you look at the details they are really quite different. Trading and investing both...
The Principles of Technical Analysis
The Market Discounts Everything It is generally recognized that there are three basic principles or tenets that underlie technical analysis. The first is that the action of the market reflects everything there is to know about...
Introduction to Technical Analysis
Module 1 – Technical Analysis and the Dow Theory Welcome to the first module of this comprehensive course in technical analysis. By the time you graduate, you will be able to analyze any markets, and should be able to trade...
Stocks and Bonds
Stocks and Bonds You often hear about stocks and bonds in the same sentence, but they are very different. Stocks represent ownership in the company, and that’s it. If the company does not do well, then they may not issue a...
Options
Options If you like the idea of the leverage you get with futures, but are concerned about the possibility of runaway losses, then you may find that options are more to your taste. Options, at least if you are buying them, will...