Gallery of HS – Head and Shoulders according to Lo et al 3/8

We continue publishing the visual results from Vasily Nekrasov's attempt to reproduce the results from "Foundations of Technical Analysis: Computational Algorithms, Statistical Inference, and Empirical Implementation" by Lo, Mamaysky and Wang(2000). Continue reading "Gallery of HS – Head and Shoulders according to Lo et al 3/8"

Gallery of BTOP – Broading Tops according to Lo et al 2/8

We continue publishing the visual results from Vasily Nekrasov's attempt to reproduce the results from "Foundations of Technical Analysis: Computational Algorithms, Statistical Inference, and Empirical Implementation" by Lo, Mamaysky and Wang(2000). Continue reading "Gallery of BTOP – Broading Tops according to Lo et al 2/8"

Patterns of Technical Analysis – Do They Work?

Seven years ago I tried to reproduce the results of "Foundations of Technical Analysis: Computational Algorithms, Statistical Inference, and Empirical Implementation" by Lo, Mamaysky and Wang with more recent data than they used. Lo et al come to the conclusion that the chart patterns are statistically significant (which does not yet mean their practical usability). My results shows that there is no statistical significance (anymore). Continue reading "Patterns of Technical Analysis – Do They Work?"

Сюзан Леверманн – кто суетится на бирже не разбогатеет никогда

Сюзан Леверманн (Susan Levermann) была одной из самых успешных немецких фонд-менеджеров. Потом она отошла от дел. letYourMoneyGrow.com публикует перевод ее интервью. Continue reading "Сюзан Леверманн – кто суетится на бирже не разбогатеет никогда"

Susan Levermann Strategy – 13 rules that work on the stock market

On the 8 of March, the international Women's Day we review the strategy of Susan Levermann, a highly successful portfolio manager. Hollywood shows the Wall Street as a typically masculine domain. However, Frau Leverman has proven that a smart and persistent vixen may be more successful than an impudent and impatient wall street wolf. Continue reading "Susan Levermann Strategy – 13 rules that work on the stock market"

Calculate CAGR of Your Savings Plan | Free Online Calculator


This tool allows you to calculate the compound annual growth rate (CAGR) of your 401(k) savings plan. All you need is to know the size and dates of your installments and the market value of your savings plan on the reference date. Irregular (aperiodic) installment are supported but the (partial) withdrawals are not since it is, in general, impossible to uniquely define the CAGR for a cashflow with several pay-offs Continue reading "Calculate CAGR of Your Savings Plan | Free Online Calculator"

Rendite-Rechner für Sparplan (bzw. beliebigen Cashflow ohne Teilauszahlungen)


Bedauerlicherweise kennen nur die wenigen Privatanleger die Renditen ihrer Sparpläne. Dieser kostenlose Online Rendite-Rechner soll die Situation ändern. Im Internet gibt es jede Menge der Renditenrechner. Allergings lassen Alle nur die Einmaleinzahlung und die regelmäßigen gleichen Sparraten zu. Die Realität ist aber komplizierter, so geben wir Dir die Möglichkeit, die Rendite eines Sparplans mit beliebigen Einzahlungen zu kalkulieren. Lediglich sind die Entnahmen nicht erlaubt, da man die Rendite bzw. den Effektivzins für einen Cashflow mit Teilauszahlungen generell nicht eindeutig definieren kann. Continue reading "Rendite-Rechner für Sparplan (bzw. beliebigen Cashflow ohne Teilauszahlungen)"

Обучение Трейдингу – Наставники и Прохиндеи – как их различить?

Обучение любому ремеслу имеет смысл. А трейдингу - особенно, ибо самообразование в трейдинге обходится особливо дорого. К сожалению, в этой области и особливо много прохиндеев, выдающих себя за экспертов и наставников. Как же отделить зерна от плевел и не попасться на удочку проходимцев? Continue reading "Обучение Трейдингу – Наставники и Прохиндеи – как их различить?"

JuniorDepot4 – Becoming Pro with GoPro

Elle, a 7-year old girl, made her hands dirty in stock picking. This time she decided to buy GoPro stock. I was about to make use of my veto right but finally found her decision not bad at all.
Continue reading "JuniorDepot4 – Becoming Pro with GoPro"