Tony Plummer’s seminal work, Forecasting Financial Markets: The Psychology of Successful Investing , represents a major shift from traditional economic theory to behavioral finance. Originally published in the late 1980s, Plummer’s framework rejects the assumption of "rational actors" in favor of a "non-rational" model based on crowd psychology and recurring natural cycles. The Three Dimensions of Trading Success
: By assuming non-rational behavior, Plummer identifies an ordered world of rhythms and recurring patterns that are invisible to traditional economists. Mathematical Foundations and Cycles Tony Plummer - Forecasting Financial Markets Th...
Plummer argues that consistent profitability depends on an individual's ability to operate independently of the crowd. To achieve this, he outlines three essential skills: Tony Plummer’s seminal work