Fractal Market Analysis: Applying Chaos Theory to Investment and Economics

Description

A leading pioneer in the field offers practical applications of this innovative science. Peters describes complex concepts in an easy-to-follow manner for the non-mathematician. He uses fractals, rescaled range analysis and nonlinear dynamical models to explain behavior and understand price movements. These are specific tools employed by chaos scientists to map and measure physical and now, economic phenomena.

The title only indicates part of the true subject matter of this book. The book teaches about fractal analysis of any data set, and uses financial markets as special cases to illustrate the concepts involved in fractal analysis. He begins with a brief, but facinating history of fractals, and you learn the concepts you will need to form your own trading strategies. Mr. Peters demonstrates an easy familiarity with fractals, and this serves to keep the book interesting through its most difficult mathmatical passages.

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