RAJESH SATPUTE : TECHNICAL & DERIVATIVE ANALYST (2024)

FAQs

Who is the best technical analyst in the world? ›

Dow, Hamilton, Rhea, Gould and Magee are on the main track of technical analysis, each carrying the theory and practice a little further.

You can make money in the markets using technical analysis, just as you can by picking stocks at random, throwing darts at a dartboard, or tossing a coin to decide which to buy or sell – i.e. by dumb luck. But you can't reliably make money this way.

Sudarshan Sukhani is one of India's best known technical analysts. He is a Certified Financial Technician, a recognition given by the International Federation of Technical Analysts, USA and is also the President of The Association of Technical Analysts (ATA) of India.

It is widely recognized that technical analysis is a popular tool used by currency traders. In a comprehensive literature review Park and Irwin [2007] show that 24 out of 38 empirical studies report that technical analysis is profitable with a profit range of 5% to 10% per year.

On average, day traders with $10,000 accounts can make $200-$600 per day, with skilled traders aiming for 2%-5% returns daily. So, it is possible to achieve a daily profit of $200 to $600 with a $10,000 account.

(JPM) Pivot Points. Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets.

Technical analysis is the key to making informed decisions in the stock market. It helps you uncover opportunities and time your entry and exit to capture a profit. However, learning technical analysis can be overwhelming for new traders.

“Is technical analysis enough for trading?” The answer is no. You must always verify the strategy yourself so if anything goes wrong, you take 100% responsibility. There are 2 ways you can verify your trading strategy.

Rakesh Radheyshyam Jhunjhunwala (5 July 1960 – 14 August 2022) was an Indian billionaire investor, stock trader, and Chartered Accountant. He began investing in 1985 with a capital of ₹5, with his first major profit in 1986.

Who is the richest man in the share market? ›

1. Warren Buffett: Warren Buffett is the CEO and chairman of Berkshire Hathaway, and he is one of the Top 10 Richest Investors in the World. His success can be seen through his unique strategies and approaches to investing.

The September Effect refers to the historically weak stock market returns observed during the month of September. In fact, September has been the worst performing month, on average, going back nearly a century.

Why technical analysis fails? Technical analysis can fail due to unpredictable external events affecting markets. It may overlook fundamental factors crucial for long-term trends. Additionally, reliance on historical data and patterns doesn't account for sudden changes in market sentiment or unexpected developments.

How long does it take to learn Technical Analysis? Up to 6 months, with 1-2 hours of practice every day. Trading can be easily managed even while working, however, you will need to devote 1,000 days to become a Pro, just as you would for your enterprise to take off and flourish.

IFTA's Master of Financial Technical Analysis (MFTA) represents the highest achievement and recognition by peers in the Technical Analysis community. The MFTA requires an original body of research. It is intended to be a rigorous demonstration of professionalism in the global arena of Technical Analysts.

The basics of technical analysis have been developed by Charles Dow who is known to be the "father" of Technical Analysis. Very rarely does a person come along whose name becomes synonymous with an industry. Charles Dow, however, was such a man. He was one of the two founders of Dow Jones in 1884.

Richard Demille Wyckoff (1873–1934) was an early 20th-century pioneer in the technical approach to studying the stock market. He is considered one of the five “titans” of technical analysis, along with Dow, Gann, Elliott, and Merrill.