How to connect with David Keller * Follow his work on Twitter: @DKellerCMT * David Keller's Websites: + MarketMisbehavior.com (home of Sierra Alpha Research) - Includes a blog and YouTube Channel + https://stockcharts.com/
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You can find out more information by listening to episode 11 of this podcast.
Show Outline The full show notes for this episode are available at https://www.diyinvesting.org/Episode57
Part 1: Applied Technical Analysis for Fundamental Investors * Technical analysis quantifies investor behavior * Charts can help you filter investment ideas after they have passed a fundamental analysis process. "What are the best 5 ideas TODAY." * Value Investors would most benefit from using: + Leading indicators: Demark Indicators anticipate reversals + Lagging indicator: RSI (Relative Strength Index) measures price momentum
Part 2: Behavioral Finance and Mental Models * Key Behavioral Biases / Mental Models that investors struggle with: + Confirmation Bias - Give greater weight to evidence that agrees with you + Narrative Bias - We love stories + Endowment Effect - Falling in love with your stocks * Investor Habits that lead to Success: + Keep an investment journal (Why are you buying?) + After each investment: Write a post-mortem analysis + Find a tribe. Who will hold you accountable and help you grow?