The Quasimodo chart pattern is a lesser known bearish chart formation in technical analysis. It has also been called the Over and Under chart pattern. This pattern can identify a high probability confluence area on a chart at a resistance zone t... Read more
A bullish pennant chart pattern can be a powerful bullish chart pattern that is found during strong bull markets that is very similar to the bull flag. They are more rare than a bull flag. The price compression in the pennant can lead to explosi... Read more
After an entry the risk/reward ratio quantifies a trades potential for loss size versus the size of possible profits. When backtesting signals the average size of all the losing trades in a system compared to the average size of all the gains gi... Read more
Mukesh Ambani is an Indian billionaire businessman. He is the largest shareholder of Reliance Industries Ltd. (RIL). Reliance is India’s most valuable company by market cap valuation. Mr. Ambani is currently the richest man in India and As... Read more
The Risk of Ruin (Also called the RoR) is a statistical model in trading which quantifies the probability a trader will eventually blow up and lose all of the trading capital in their account. It measures the risk of ruin based on the metrics of... Read more
There are two important things to consider before deploying capital with any trade, investment, loan, or business venture. Both the return on investment (ROI) and also when and if you will have a return of the investment capital itself must both... Read more
An order is an instruction on how and when to buy or sell you send to your broker. There are several different types of orders a trader and investor can use to execute their trade based on their goals. You may want to get in at any price or out... Read more
Leverage, when taken literally, means an advantage in an endeavor through assistance. When using leverage as a verb its meaning is to have an advantage through using a tool like a lever. A lever creates the ability to move a heavy object that co... Read more
Mental accounting is also called psychological accounting as it tries to describe how people categorize and label financial income and outgo of money. This behavioral economic theory was first proposed by Richard Thaler. Mental accounting quanti... Read more
To answer the question of who are the best traders in the world we have to consider several things. To be considered the best you would have to filter for these following quantified variables. Long term returns on assets under management. Size... Read more
