The Evolution of Technical Analysis

Financial Prediction from Babylonian Tablets to Bloomberg Terminals

By: Andrew W. Lo, Jasmina Hasanhodzic

Narrated by: Paul Costanzo

A comprehensive history of the evolution of technical analysis from ancient times to the Internet age

Whether driven by mass psychology, fear, or greed of investors, the forces of supply and demand, or a combination, technical analysis has flourished for thousands of years on the outskirts of the financial establishment. In The Evolution of Technical Analysis: Financial Prediction from Babylonian Tablets to Bloomberg Terminals, MIT's Andrew W. Lo details how the charting of past stock prices for the purpose of identifying trends, patterns, strength, and cycles within market data has allowed traders to make informed investment decisions based in logic, rather than on luck.

The book:

• Reveals the origins of technical analysis
• Compares and contrasts the Eastern practices of China and Japan to Western methods
• Details the contributions of pioneers such as Charles Dow, Munehisa Homma, Humphrey B. Neill, and William D. Gann

The Evolution of Technical Analysis explores the fascinating history of technical analysis, tracing where technical analysts failed, how they succeeded, and what it all means for today's traders and investors.

©2010 Andrew W. Lo and Jasmina Hasanhodzic (P)2012 Gildan Media

Set your expectations

This book is all about evolution and history of technical analysis. If you want to learn about how dinosaurs used to invest then chapters 1 to 5 are for you. If you are interested in modern history of technical analysis then only listen chapter six and onwards.

But overall its a good book amd author has really researched and presented history of the subject.