
Education: Dynamic Analysis vs Linear Analysis (Chart Patterns)
As the stock market evolves so must investors. Most retail investors trying to learn technical analysis are all reading the same books written decades ago. They come up with the illusion of magical chart patterns that should form in a specific way. But what most investors do not realize is these books were written before the market was dominated by algorithms, high frequency trading firms, dark pools and a multitude of alternative trading systems for matching orders. Historically, stock charts were created with primarily price and time. Volume was rarely included because there were only a handful of exchanges for executing orders. Candlesticks were notRead More →