This is the eBook version of the printed book. This Element is an excerpt from Investing with Volume Analysis: Identify, Follow, and Profit from Trends (9780137085507) by Buff Dormeier. Available in print and digital formats. The deep historical roots of technical analysis: how investors discovered the indispensable profit opportunities hidden in charts Most investors assume fundamental analysis preceded technical analysis. That appears logical: It takes two opposite opinions to produce a price, and a series of prices creates the chart. But this logic presupposes that prices were exchanged based upon the itemas fundamental value alone. However, behavior may be as much a part of the price equation as value.In 1755, Homma wrote the first book to be regarded as a true work of technical analysis, The Fountain of GoldaThe Three Monkey Record of Money. In this book, Homma reasons that the most important aspect of investment is gauging theanbsp;...
|Title||:||The History of Technical Analysis|
|Publisher||:||Pearson Education - 2011-01-26|