Letters from Our Readers

March 15, 2017 11:00 AM

When an article on an existing indicator appears in the magazine, readers expect some original thoughts — a new twist, a new way of interpreting it, etc., not the kind of introduction complete with deriving formulas you publish by [name withheld].

For years, I have always skipped [these] articles, and I dare say even a beginning chartist will not find the articles appealing when one can look up any indicator one wants anytime on the web.

In contrast, there’s more originality in the Chart Patterns column by Duddella, even though as a very short-term trader, I can’t take advantage of the mostly long-term patterns. Billy Williams is always good, with a new and simple trading idea in every article he writes. And by the way, I really like “Trading Volatility” by Carley Garner in the November 2016 issue and plan to put the trading idea into action. But even if the strategies presented are not immediately applicable, these articles all add to the knowledge and wisdom of your readers.

Thank you very much for the chance to voice my opinion and for producing a great magazine.

S. Yung (subscriber since 1985) 

San Jose, Calif. 

 

Compliments aside, this reader was critical of the consistently basic (entry-level) content of one of our Techniques columnists. We withheld the name of the criticized author out of respect for his expertise and body of work. But, we truly welcome and appreciate this type of feedback. We are always evaluating our editorial offering as we strive to balance our educational content across the diverse trading experience of our readers.
Let’s hear from you at openoutcry@moderntrader.com

Jeff Joseph, Publisher

 

 

The March “Bigger Issue with Forecasting” extension of the sorts of things explored last February was a treat. Thanks for all of the obvious effort.

I was especially impressed with EidoSearch’s Kedmey citing the Kahneman-Tversky research explored in Michael Lewis’ very recent “The Undoing Project.” I just finished it, and it is an excellent backdrop on research as far back as the 1970s for anyone interested in the “why” of most experts and “received wisdom” being wrong.

Kahneman and Tversky were especially interested in how analysis and prediction interacted with the “real” nature of human decision making. Much of what they had to say about people’s personal situations impacting which choices they made are very relevant for traders and investors… and the desire to avoid ‘regret.’ Interesting stuff. 

A Rohrbach (subscriber since 1993)

Chicago

About the Author

Jeff Joseph is the CEO of The Alpha Pages, the parent company of Modern Trader magazine.
E-mail him at jj@alphapages.com or find him on Twitter @alphapagesceo and @venturepopulist.