Now, I’m not into numerology, or horoscopes, or hocus-pocus - especially when it comes to my money. I’m not after get rich quick schemes; I want sound strategies and solid fundamentals. So of course, when a friend of mine, Jeff, first told me about Fibonacci numbers I thought he was joking. It took him a little while to convince me, but soon I saw with my own eyes that it’s not magic at all - the so called “golden ratio” is just a naturally occurring phenomenon that can be mathematically expressed with a certain sequence of numbers.
Original text: Fibonacci Stock Trading - More Than Just a Myth