Saturday, August 3, 2013

tot for the day: riding the wave ... but nope .. not elliott's wave (03 aug 2013)

If we consider markets as an ocean of information, trading consists in finding a small but meaningful  and recurrent wave (or better, many waves) out of this ocean and to ride it until it changes direction. Spotting the wave is only half of the game, building an algorithm to ride it is the other half.