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Profiting from Technical Analysis and Candlestick Indicators: Powerful Methods for Accurately Timing Trades by Michael C. Thomsett

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B. Hypothesis Testing

The author tested the hypotheses presented in this book, through trades made over a two-year period. The tests were performed on www.ThomsettOptions.com, and employed a combination of chart analysis and option trades. The following are all the trades during the period; these are also available for reviewing on the Web site and are open to the public. The overall net profits from this trading activity involved 582 trades and totaled $75,591 (unadjusted 38% per year) based on a hypothetical portfolio valued at $100,000.

The following are the results of the trades opened and closed in the virtual portfolio:

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