This paper examines the main drawbacks of technical analysis. Although this is widely used by practitioners, from an academic perspective it can only be seen as a form of "voodoo finance". In particular, it runs into the following pitfalls: Subjectivity; Doubtful assumptions; Unjustified...

The use of fundamentalist traders in the stock market models is problematic since fundamental values in the real world are unknown. Yet, in the literature to date, fundamentalists are often required to replicate key stylized facts. The authors present an agent-based model of the stock market in...

Big Data Analytics plays a major role in collecting large amount of data, analyzing the information and Deep Learning comes into the mind as it analyses a massive amount of data (Big Data).It can be used to formulate the exact and valued information that is buried in a Big Data. The current...