What is the Bandwagon Theory? , June 30, 2014

And, most importantly, what are you missing in your trading if you are not aware of it?

Hey  Trader,

the first time I have read about the Bandwagon Theory I dismissed it as not that important.

What a big mistake I did!

It took some years, when I finally started getting interested in algorithmic trading, before I stumbled into it again and, boom….  it all made sense.

Now I recommend new and experienced traders to make sure they understand it… and very well.

As the Bandwagon Theory is an allegory of how the markets work – and a powerful one, too – it is not so easy to grasp its practical importance and how we use it in our trading. Also it is not easy to see how we can relate it to our trading method.

For this reason I decided to illustrate the Bandwagon Theory on the EUR/USD, so to provide traders with a much clearer and actionable explanation.

… and I will be offering a free Webinar at FXStreet.com on Wednesday July 2, 12:00 GMT on this topic.

Find the details hereunder:

Title: The Bandwagon Theory Illustrated in Modern Markets
Summary: “I will discuss a powerful allegory for markets behavior, worth alone months, if not years, of trading exposure (not an overstatement). It can save a lot of time, money and mental pain. I will illustrate the Theory on the EUR/USD and the recent daily chart of NZD/USD, explain how it applies to my trading and how it relates to Algos trading in Modern Markets.”

To register for the free Webinar you can click here.

In the mean time you can also read more about the Bandwagon Theory in:

Happy trading!

Giuseppe Basile, ~the FibStalker

Advertisements

Leave a comment

Filed under Articles, Webinar

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s