Publisher's Synopsis
Stock prices rise & fall by emotions of market participants. Every adverse news across the globe affects the rest of the world in one or other way. Thus, slightest of the people's sentiment adversely affects the stock market as a whole. Timing the market is a difficult task and very often the market participants fail to predict the right directions. Instead of timing the market, one alternative strategy has been formulated, i.e., Dollar Cost Averaging, which can be conducive for the investors at all levels. To avoid un toward situation and misfiring during one time entry, it is advisable to accumulate the stocks gradually. The gradual accumulation of stocks, preferably of fixed amount call forth the concept of Dollar Cost Averaging.
