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What Is the Prudent-Person Rule?

October 25, 2022 by Merline

The Prudent Person Rule is a rule that is used by financial advisors to manage their clients’ portfolios. This rule states that the advisor must act in a way that is in the best interests of the client and must exercise prudence when making decisions about how to invest the client’s money. This rule is … Read more

What Does Confirmation Mean in Technical Analysis?

October 25, 2022 by Merline

Confirmation in technical analysis is when a signal is generated by one indicator and then confirmed by another. This increases the validity of the signal, as it is less likely to be a false positive. There are many different ways to confirm signals, but some common methods include using a different indicator to generate the … Read more