What is a decision support system (DSS) and how do businesses use them?

What Is a Decision Support System (DSS)? A decision support system (DSS) is a computerized information system used to support decision-making in organizations. DSSs are designed to help decision makers use data and information to solve problems and make better decisions. DSSs are used in a variety of businesses and organizations, including healthcare, government, and … Read more

Retracement Definition.

A retracement is a temporary reversal in the direction of a price trend. A retracement can occur in any market and at any time frame. Retracements are typically used by technical traders to enter positions or take profits. Retracements are usually measured using Fibonacci ratios. The most popular Fibonacci ratios used in retracement analysis are … Read more

Backtesting Definition.

Backtesting is the process of testing a trading strategy on historical data to ensure its viability. By doing so, traders can gauge whether a strategy is likely to be successful in the future. Backtesting can be used on any time frame, from intraday to monthly charts. There are a number of different ways to backtest … Read more

The Lowdown on Rent Control.

Rent control is a government-mandated price control on the rental price of a residential property. It is designed to keep housing affordable for lower-income renters. In most rent-controlled jurisdictions, landlords are allowed to raise rents only by a fixed percentage each year and they cannot charge whatever they want. There are two types of rent … Read more