Sell side analyst
The
trade market is rife with numbers. When the brain is provided that much data,
it sees all kinds of patterns in it. Peter Phams ’The Big Trade’ is about
moving away from the data, trying to box the whole market vagaries in a model.
The author provides us a way of reaching a percentage of confidence regarding
the upward or downward trend of the market from the past performance, trying to
simplify the data, following Auction Market theory.
Without
getting too lost, the author uses small sets of data to prove his point on
watching the performance of a company stock and boxing it.
The techniques in the book are easily adoptable.
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