DoubleTake - Breaking News E-Waves
Even though I use E-waves extensively, and it helped me recover all my DotCom losses, I'm open to other techniques. My plan is to do some very intensive spectral analysis, much as Hurst did. This week I started reading about DeMark technical analysis. In less than two hours I read about the Darvas box technique, and plan to backtest it using a simple spreadsheet.
Some people do better with certain tools of the trade than others, while others create their own. Play to strengths, but search, study and test new ideas before incorporating them into your investment strategy. To be a successful technical trader, you must first be able to the apply the scientific method of hypothesis testing.
