Successful trading of stocks or futures require right prediction of future price movements and timely actions in the market. Wrong prediction of price movements or untimely actions result into financial loss. While traders cannot predict price movement accurately all the time, ones who make right predictions a majority of the time make profits from highly risky investments in stocks or futures markets. We have discussed several methods of fundamental and technical analyses for predicting prices and timely actions in the markets. Right application of such methods increases the likelihood of right prediction of price movements and timing of investments. However, learning from mistakes is the key to success