Traditional technical analysis is purely inductive reasoning that purports to observe reality, but because it lacks the most important input for any statistical model—that of the testable hypothesis—it lacks any ability to say anything concrete. The scientific method is a form of positivist methodology, which centers on the falsification of a hypothesis or theory. If,… [Read More]
Many traders know about the Elliott Wave Principle, but most do not understand how it works or how to apply it. The purpose of this article is provide you with enough of an understanding Elliott Wave to improve the accuracy of your trading. I saw a headline a few days prior to writing this article… [Read More]
WD Gann has arguably contributed more to Technical Analysis, and in particular the understanding of the relationship between Time and Price, than any other trader. It was Gann’s mathematical genius and his ability to see the patterns in the market (that at the time nearly everyone else ignored) that made him so successful and have… [Read More]
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Check out this Big Saturday Interview with Andrew Lo, Director of MIT’s Laboratory for Financial Engineering. Lo’s status as a top academic economist provides him with a perspective that many traders do not have but can surely benefit from understanding.
In this Big Saturday Interview from our archives, Thomas Bulkowski talks about how he came to focus on studying and quantifying chart patterns in stocks, and how traders and investors can best take advantage of his research.
In Part 2, Daniel Coyle discusses how people can apply the techniques of deep practice to their own life and work, as well as, outlines some of the other factors that can help turn average people into extraordinary achievers.
Is it possible for ordinary people to become extraordinary performers? In the first part of our conversation with Daniel Coyle, he explains not just where greatness comes from, but how to achieve greatness in our own pursuits in life and work.
If you trade stocks technically, then there’s a pretty good chance you’ve encountered the work of Thomas Bulkowski. In Part 2 of our interview, we focus on some of the more critical chart patterns that market technicians and technical analysts need to know.
In this article, Nick McDonald highlights a trading strategy he uses regularly on Forex and Index markets.