How To Lie With Financial Statistics

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Old Jan 27, 2012, 2:00pm   #1
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How To Lie With Financial Statistics

We've just published a new T2W article called "How To Lie With Financial Statistics" by Dr Brian Bloch.

Quick Summary: Dr Brian Bloch demonstrates how statistical data can be manipulated to give a very different impression to that of reality and suggests ways in which this can be addressed.

PS. Don't forget to rate the article after you've read it and share your comments on this thread.
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Old Jan 28, 2012, 1:34am   #2
 
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Re: How To Lie With Financial Statistics

tops!

anyone who's traded a ladder or sub 10 second bars knows or has seen this article in fluid motion.....whether they've understood what they've seen is another matter.....

10!
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Old Jan 31, 2012, 11:23am   #3
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Re: How To Lie With Financial Statistics

Nice share, Mr. Bot.
This is also applicable to anything, like America's unemployment rate, for example.
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Old Jan 31, 2012, 1:02pm   #4
 
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Re: How To Lie With Financial Statistics

Great!!
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Old Jan 31, 2012, 1:03pm   #5
 
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Re: How To Lie With Financial Statistics

So funny and so true!
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Old Sep 12, 2017, 12:15pm   #6
 
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My Suggestion about Financial Statistics

This is very true. Fudging facts and statistics is very common these days. Even in industries like Forex where traders request facts and statistics while evaluating brokers, instances of data manipulation and such deliberate tampering occurs. It is wise for informed aspirants to consult with reputed forex brokers like WesternFX as they are reliable in such a scenario.
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Old Sep 12, 2017, 12:28pm   #7
 
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Nothing really new here! Isn't statistics manipulation one of the basic things they teach at school these days? (Actually, just study politics for a home development course). Any trader who is fooled by such practices will also be fooled by his indicators and "get rich quick" marketeers and no doubt the markets will eat him alive.

You do need to read completely round your subject (trading) otherwise you will get taken for a ride. There aren't any new tricks or cons – just the old ones recycled and you need to be aware of them.
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