Tag Archives: chart patterns
In this article I show how you can develop a membership website to sell technical analysis. It is much easier than you think and anyone can do it. You can do it too with an investment of less than $200.
There is too much information in mainstream and social media about the markets. The signal to noise ratio is very low as expected. Here is what I ignore.
Why do some chartists turn ad hominen when their practice is challenged? The plausible answer is that they are frustrated by continuous failures and are acting under the influence of backfire effect cognitive bias. In essence, there are people who … Continue reading
A recent failure of an island reversal pattern in the chart of the 10-Year Note yield adds to a long list of failed chart patterns in the last few years and reinforces claims that they are random formations. In the … Continue reading
Classical technical analysis has contributed to the largest non-violent wealth-redistribution in the history of mankind. Modern technical analysis is not doing any better.
I am saying the obvious but I know some will deny it: Anyone who makes bets in a game of chance without having a measure of the expectation is a naive gambler. This is what many traders do when they … Continue reading