A comprehensive history of the evolution of technical analysis from 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, technical analysis has flourished for thousands of years on the outskirts of the financial establishment. In The Evolution of Technical Analysis: Financial Prediction from Babylonian Tablets to Bloomberg Terminals, MIT's Andrew W. Lo details how the charting of past stock prices for the purpose of identifying trends, patterns, strength, and cycles within market data has allowed traders to make informed investment decisions based in logic, rather than on luck. This book:
The Evolution of Technical Analysis explores a fascinating history, tracing where technical analysts failed, how they succeeded, and what it all means for today's traders and investors.
©2010 Andrew W. Lo and Jasmina Hasanhodzic (P)2012 Audible, Inc.
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