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subasri and Simranjeet Singh are now friends 5 years, 9 months ago
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Simranjeet Singh replied to the topic What are the major critics against Dow Theory? How come it remains on top of any analysis? in the forum Dow Theory in Practice 6 years, 10 months ago
CRITIC Dow theory is not suitable for intra day trading since fluctuation in extremely short period is beyond the scope of DOW theory
More over dow thory is based on ONLY the closing price of the stock and not the DAY RANGE of the stock on any day.HOWEVER DOW theory is valid even today nay even in future since price is based on DEMAND and SUPPLY…[Read more]
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Simranjeet Singh replied to the topic What are Support and Resistance? in the forum Dow Theory in Practice 6 years, 10 months ago
The point where price fall gets a support in order to avoid further reduction in price is a support zone.
The point where price increase faces resistance in order to keep the price lower is resistance zone. -
Simranjeet Singh replied to the topic How to determine the market trend using Dow Theory? in the forum Dow Theory in Practice 6 years, 10 months ago
Steps to determine the market trend using Dow Theory:
1) Take the data of approx 2 years and plot it into line chart.
2) Mark the tops and bottoms. Only significant Tops/Bottoms to be considered; Minors can be ignored.
3) Qualify the tops and bottoms (ex :- Bottom, Higher Bottom, Top, higher Top)
4) Look for a sequence as follows to find the…[Read more] -
Simranjeet Singh replied to the topic What type of Charts Used, Minimum look up period, Duration of Trend forecasting for Dow Theory? in the forum Dow Theory in Practice 6 years, 10 months ago
Charts Used – Line Charts
Minimum Look up Period – 2 years
Duration of trend Forecasting – 1-2 Months -
Simranjeet Singh replied to the topic What is Futures contract? in the forum Essentials of Trading Instruments 6 years, 10 months ago
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A contract in which the buyer & seller agree to exchange a product at a future date for a specified price.
Both parties are liable to honor the contract terms
Compensating settlement will be followed on a daily basis (MTM) -
Simranjeet Singh replied to the topic What is call option and PUT option? Who decide the premium? in the forum Essentials of Trading Instruments 6 years, 10 months ago
Option Contract – This provides buyer of the contract the right to buy/sell at a defined price (strike price) and he/she is under no obligation to execute the order at the expiry date. Whereas the seller of the contract is under obligation to sell if the buyer wants to execute the order. But seller gets premium here whereas buyer has to bear the…[Read more]
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Simranjeet Singh replied to the topic How option contract differ from future contract? in the forum Essentials of Trading Instruments 6 years, 10 months ago
Future Contract – This offers the buyers and seller both right to buy & sell respectively & they are under obligation in case any party wants to execute the trade. The settlement is done on day-to-day basis for profit/loss. Either party can exit anytime and sell their contract to another party. Both parties pay a deposit price to the…[Read more]
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Simranjeet Singh replied to the topic Why do people choose stock trading? in the forum Basics of Stock Trading 6 years, 10 months ago
Stock trading is an option for a person to invest his earnings in stocks to multiply his income. Who doesn’t like a cherry on top of ice cream.
With right discipline and knowledge, this cherry can actually become the whole ice cream. -
Simranjeet Singh replied to the topic What is SENSEX, NIFTY ? in the forum Basics of Stock Market 6 years, 10 months ago
Indices that gives brief about market trend on day-to-day basis and long term as well.
NIFTY – Index that briefs about Top fifty stocks of National stock exchange (NSE), hence NIFTY.
SENSEX – Index that briefs about Top 30 stocks of Bombay Stock exchange (BSE). -
Simranjeet Singh changed their profile picture 6 years, 11 months ago
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EQSIS and Simranjeet Singh are now friends 6 years, 11 months ago
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Simranjeet Singh became a registered member 6 years, 11 months ago