If you would be wealthy, think of saving as well as getting.
—Ben Franklin (1706–1790)Founding Father of the United States
Too Many Triggers—Too Many Failures
When technical analysts talk about investment tools, they tend to mean adding “just one more signal to my graphs, so that I can make even more profits.” In 2015, at the height of the housing madness, a new client came to me and asked me if I would review his strategy. He had 67 technical indicators, among them the following.
If you try to assess 67 triggers, where to start? There are so many that the share price becomes a straight line. Imagine adding ...