Beyond Technical Analysis

The usual advice for technical traders is a collection of rules with many exceptions and exceptions to the exceptions. The trading rules are diffi­cult to test and the observations are hard to quantify. I want you to go beyond technical analysis by converting an art form into a concrete trad­ing system, and then focusing on implementing the system to the best of your ability. Trading is analysis in action. Thus, this book is an attempt to bridge the gap between the development and the implementation of a trading system.

Chapter

Principles of Trading System Design

If not the gods, put the odds on your side.