Money matters

From time to time, all traders receive mail offers for a highly specialized system called Cattle Trader,” the “Silver Day-Trading System,” or “Easy Profits through Stock Index Trading.” It is most likely that each of these systems has been finely tuned with rules unique to this one market. Once aware of the optimization process and [...]

Throughout most of this series of articles, the individual systems and methods have been discussed for their own merits. An analyst would look for the specific RSI or stochastic that somehow generated the most profits by showing a trend change or an overbought, oversold condition. That is not the optimal use of an indicator when [...]