5 Myths About Technical Analysis

Are you skeptical about technical analysis? Discover the truth behind these 5 common myths and learn how this powerful tool can enhance your trading strategies.

What is Technical Analysis of Stocks?

Technical analysis is based on the belief that markets have a tendency to repeat themselves. Technical analysis (TA) is a way of analyzing the price movement of a security or derivative over time. It forecasts future price movements by studying past market data, primarily price and volume.

What does Beta mean in stock trading?

Beta is one of the essential metrics that traders and investors use to measure a stock's risk. By understanding Beta, you can compare the risk of different stocks to find one that's right for your portfolio.