Fooled by Technical Analysis: The perils of charting, backtesting and data-mining, is available on an annual subscription basis. This is an online book and if you subscribe you will not get a hard copy or a PDF. You can use your username and password to read the book online. (Free extensions of the subscription period will be provided upon request.)
First revision: September 20, 2017. A section on pitfalls of validation tests was added.
Second revision: April 22, 2019, under Trading Expectation a reference and quote from a paper by the author were added to clarify further the notion of expectation.
It was about time that someone spoke up about the perils of chart analysis, back-testing and data-mining clearly and honestly. In this book you will learn why naive chartists and quants have no chance of profiting from trading the markets and how expert chartists and quants attempt to maximize their winning odds. There are many examples that illustrate the points made in the book.
|You will learn why:
|You will also learn about:
and much more.
Price: $75/year. A free extension of the subscription period will be provided upon request. Bonus: A free subscription to the book 15 Lies About Trading And Investing.
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