Good Monday Morning Traders!
Here's your eighth lesson in "The Secrets Of
Professional Floor Traders" mini email course.
Lesson 8 - "Stochastics"
by Adam Hewison
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Stochastics is not a new oscillator. The idea was originated by a Czechoslavakian and perfected by Dr. George Lane, editor and publisher of Investment Educators in Skokie, Illinois.
Before George passed away, I had the privilege of meeting him personally and discussing his stochastic theory. George was quite a character and his work on Stochastic's is a tremendous contribution to the world of investing. It was his life's work and I think this lesson is a fitting tribute to George.
Because this lesson contains charts, it has been posted here.
Have a GREAT Trading Week,
P.S. Look out for the next lesson - "Average Directional Movement Index". I am going to teach you how to spot trends using what is known as the ADX. Don't miss this one.
P.P.S. Did you catch the 90 Second Gold Video?:
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