Traditional technical analysis is purely inductive reasoning that purports to observe reality, but because it lacks the most important input for any statistical model—that of the testable hypothesis—it lacks any ability to say anything concrete. The scientific method is a form of positivist methodology, which centers on the falsification of a hypothesis or theory. If,... [Read More]
The post Breaking with Tradition – Why I Don’t Use Technical Analysis: Part 2 appeared first on TradingMarkets.com.
