“The great thing is knowledge; close, accurate knowledge of the company in which money is to be invested. Get the company’s reports, understand what they mean, communicate with the officers, know something of the nature of the business, and never… Read More ›
Technical Analysis
Ralph Nelson Elliott
Try as I might, I have failed to master in my study of technical analysis, the labrynthine extensions of Elliott Wave Theory. I have however come to a deep respect for the accuracy and significance of his observations of market behaviour;… Read More ›
ASX 200 Weekly June 29
ASX200 Weekly Chndlestick chart, June 29
Psychological Trading Hurdles (2) – I can’t resist a bargain.
It happens to me all the time! The market keeps throwing up fresh bargains! I never dreamed that these particular stocks would ever trade at this price. They are such quality stocks, and I’ve been waiting forever for them to… Read More ›
Fund Managers Find Technical Analysis Unhelpful!
I have been reading an excellent book written by Anthony Hughes, Geoff Wilson, and Matthew Kidman, entitled “Masters of the Market”.It is most readable, and it features the experiences and strategies of 13 of Australia’s most successful fund managers. Of particular… Read More ›
No Tipping Please!
One of the all time classic books on share trading was first published in 1923. Reminiscences of a Stock Operator was written by Edwin Lefevre, a journalist and novelist, with absolutely no first hand trading experiemce of his own. It… Read More ›
A Tale of Two Legends of Technical Analysis (2) – W.D. Gann
William Delbert Gann, or WD as early on he preferred to be known, was born June 6 1878 in Lufkin, Texas. He came to the commodity trading of cotton, a market with which as the son of a cotton farmer he… Read More ›