IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-031-27416-9_8.html
   My bibliography  Save this book chapter

Stages of Technical Analysis

In: Technical Analysis Applications

Author

Listed:
  • Florin Cornel Dumiter

    (Vasile Goldis Western University of Arad)

  • Florin Marius Turcaș

    (Romanian Valuators Association)

Abstract

These are the steps leading to the conclusion on the timing of investment, volume, holding period, and warning signals. A summary of the main elements of technical analysis, presented in the natural order of their use, will conclude the paper. We will remind you that technical analysis, although a powerful tool, is not an Aladdin's lamp: it can give guidance, but it cannot predict exactly the future. The vast majority of investors look at the same charts but do not understand the same thing. Some sell, some buy, each looking for the best result. We just have to position ourselves on the right side of the market: follow the trend. But we must also follow some basic rules: let your profits run and cut your losses short. After all, with a little discipline and basic knowledge, success should not be long in coming: going from 50–50% success to 70–30%, while difficult, should encourage anyone to go to 75%, 80%.

Suggested Citation

  • Florin Cornel Dumiter & Florin Marius Turcaș, 2023. "Stages of Technical Analysis," Springer Books, in: Technical Analysis Applications, chapter 0, pages 139-153, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-27416-9_8
    DOI: 10.1007/978-3-031-27416-9_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-031-27416-9_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.