Follow the path to trading success

Forget everything you think you know about the markets, says John C Burford. Let the charts show you the way to profits.

I have noticed a new buzz-word making the rounds: 'evidence-based'. Usually this refers to some political idea, but I've noticed it creeping into trading circles. Presumably, this radical theme was not on the radar before, and all ideas were drawn out of thin air and conjecture, and not based on any evidence provided by experience.

As a (lapsed) scientist, I am amazed that anyone would take seriously a method that was not based on actual evidence. This is the basis of the experimental method that underpins all proper science. Did Newton discover his theory of gravitation while idly day-dreaming in his bath?

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John is is a British-born lapsed PhD physicist, who previously worked for Nasa on the Mars exploration team. He is a former commodity trading advisor with the US Commodities Futures Trading Commission, and worked in a boutique futures house in California in the 1980s.

 

He was a partner in one of the first futures newsletter advisory services, based in Washington DC, specialising in pork bellies and currencies. John is primarily a chart-reading trader, having cut his trading teeth in the days before PCs.

 

As well as his work in the financial world, he has launched, run and sold several 'real' businesses producing 'real' products.