“Once a price move exceeds its median historical age, any method you use to analyze the market, whether it be fundamental or technical, is likely to be far more accurate. For example, if a chartist interprets a particular pattern as a top formation, but the market is only up 10% from the last low, the odds are high that the projection will be incorrect. However, if the market is up 25% to 30%, then the same type of formation should be given a great deal more weight.” IfsShouldUseAgeLastsMovingGivenDealsExampleParticularTypeLowsWeightMethodFundamentalsHistoricalPatternsAccurateOddsProjectionExceedFormationMedian Author:Victor Sperandeo
“Most people lose money because of lack of emotional discipline -the ability to keep their emotions removed from investment decisions. Dieting provides an apt analogy. Most people have the necessary knowledge to lose weight-that is they know that in order to lose weight you have to exercise and cut your intake of fats. However, despite this widespread knowledge, the vast majority of people who attempt to lose weight are unsuccessful. Why? Because they lack the emotional discipline.” PeopleKnowsOrderLosesAbilityDecisionEmotionCuttingEmotionalDisciplineExerciseWeightMajorityInvestmentFatsDespiteAnalogiesDietingLose WeightUnsuccessful Author:Victor Sperandeo
