Tag Archives: NDX

Bitcoin Serves A Purpose

Some think that bitcoin is a currency. Others believe bitcoin is a digital security or commodity. In my opinion bitcoin is a gambler’s dream come true. Most of those who trade it have no idea of what they are getting … Continue reading

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An Example Of How Technical Analysis Has Misled Traders

Technical analysis has been a major cause of trader failures along with account undercapitalization. Here we show briefly how untested technical analysis claims about overbought/overbought conditions have misled traders into unprofitable trading.

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The Highly Irrelevant 50-Day Moving Average

The Nasdaq 100 fell below its 50-day moving average yesterday as it became evident from the immediate response in social media and financial blogosphere. But they were talking about a highly irrelevant indicator.

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