Wong Dr Abdul Rahim - Use of Vectors in Financial Graphs
Use of Vectors in Financial Graphs
by Dr Abdul Rahim Wong
Wong Dr Abdul Rahim
Description
Use of Vectors in Financial Graphs. Financial indicators are considered one of the most important tools that are used in determining the decision to invest in any company, stock, or form of direct or indirect investment.The use of vectors in financial charts and graphs as an instrument is a method of evaluating securities by analyzing the statistics generated by market activity, such as past prices and volume. Technical analysts do not attempt to measure a securitys intrinsic value, but instead use charts and other tools to identify patterns that can suggest future activity.Despite all the exotic tools it includes, technical analysis really just studies supply and demand in a market in an attempt to determine what direction, or trend, will continue in the future. It attempts to understand the emotions in the market by studying the market itself, as opposed to its components. If understand the benefits and limitations of technical analysis, it can give you a new set of tools or skills that will enable you to be a better trader or investor.