The Evolution of Technical Analysis
Financial Prediction from Babylonian Tablets to Bloomberg Terminals
von Andrew W. Lo und Jasmina HasanhodzicA comprehensive history of the evolution of technical analysisfrom ancient times to the Internet age
Whether driven by mass psychology, fear or greed of investors, the forces of supply and demand, or a combination, technicalanalysis has flourished for thousands of years on the outskirts ofthe financial establishment. In The Evolution of TechnicalAnalysis: Financial Prediction from Babylonian Tablets to BloombergTerminals, MIT's Andrew W. Lo details how the charting of paststock prices for the purpose of identifying trends, patterns, strength, and cycles within market data has allowed traders to makeinformed investment decisions based in logic, rather than on luck. The book
* Reveals the origins of technical analysis
* Compares and contrasts the Eastern practices of China and Japanto Western methods
* Details the contributions of pioneers such as Charles Dow, Munehisa Homma, Humphrey B. Neill, and William D. Gann
The Evolution of Technical Analysis explores thefascinating history of technical analysis, tracing where technicalanalysts failed, how they succeeded, and what it all means fortoday's traders and investors.
Whether driven by mass psychology, fear or greed of investors, the forces of supply and demand, or a combination, technicalanalysis has flourished for thousands of years on the outskirts ofthe financial establishment. In The Evolution of TechnicalAnalysis: Financial Prediction from Babylonian Tablets to BloombergTerminals, MIT's Andrew W. Lo details how the charting of paststock prices for the purpose of identifying trends, patterns, strength, and cycles within market data has allowed traders to makeinformed investment decisions based in logic, rather than on luck. The book
* Reveals the origins of technical analysis
* Compares and contrasts the Eastern practices of China and Japanto Western methods
* Details the contributions of pioneers such as Charles Dow, Munehisa Homma, Humphrey B. Neill, and William D. Gann
The Evolution of Technical Analysis explores thefascinating history of technical analysis, tracing where technicalanalysts failed, how they succeeded, and what it all means fortoday's traders and investors.
