Many popular stock-trading rules of thumb and trading systems tested in this book are unreliable. The tales of their effectiveness are myths. The book reveals new scientifically tested stock trading systems that more than double certain investment returns compared to buying and holding certain equities. To illustrate the effectiveness of the new systems and ineffectiveness of the mythical trading systems, the thirty stocks in the Dow Jones Industrial Average (DJIA), twenty-six older exchange traded funds (ETFs) that reflect prices of various U.S. and foreign market indices, and the ten most popular mutual funds are used as examples. Readers of the book learn how to evaluate trading systems and test their own ideas based on scientific methods using free software downloaded from the authoras website on the Internet. qRobertson is a worthy guide who can bring difficult concepts to the level of even the casual investor.q Dan Shearer, Editor, Green Valley News (Arizona)As of September 23, 2013, Dow Jones purged Alcoa, Bank of America and Hewlett Packard from the DJIA and replaced them with Goldman Sachs, Nike and Visa. ... Based on the history of the DJIA, one can question its use as an indicator of trends in stock prices but one may use its stocks ... aThere are two kinds of investors, be they large or small: those who dona#39;t know where the market is headed, andanbsp;...
|Title||:||Stock Market Science vs. Myth: How to Test Before You Invest|
|Author||:||Leon S. Robertson, Ph.D.|
|Publisher||:||Lulu Press, Inc - 2015-01-12|