Stochastics Indicators And Trading by David Lundgren
ARTICLE SYNOPSIS ...Stochastics Indicators And Trading
by David Lundgren
Here, first-time STOCKS & COMMODITIES contributor David Lundgren reminds us that the stochastics
indicator is just a guide to understanding the trend for trading.
Stochastics, or any technical indicator for that matter, is just a mathematical formula that processes data
from one form into another. That's all it is. It is not the crystal ball that you have been in search of all
your life. It is simply a guide (and a very effective one at that) used to either confirm or contradict other
analyses of the most important data of all -- price acti...
AUTHOR: David LundgrenDATE: MAR 1993