The book: identifies the faultiness of some of the indicators used by traders and accentuates the potential of wavelets as a trading tool; describes the scientific evidences that the market is non-random, and that the non-randomness can vary with respect to time; demonstrates the validity of the claim by some traders that, with good money management techniques, the market is still profitable even if it were random; and analyzes why a popular trading tactic has a good probability of success and how it can be improved.

Describes how one can use the scientific method to solve everyday problems. This book illustrates how to exploit the information collected from our 5 senses, how to solve problems when no information is available for the present problem situation, and how to extrapolate our capabilities by seeing a relationship among heretofore unrelated concepts.

In this title, Dr Mak views the financial market from a scientific perspective. The book attempts to provide a realistic description of what the market is, and how future research should be developed. The market is a complex phenomenon, and can be forecasted only with errors - if that particular market can be forecasted at all. The book reviews the scientific literatures on the financial market and describes mathematical procedures which demonstrate that some markets are non-random. How the markets are modelled - phenomenologically and from first principle - is explained. It discusses...