---
title: "Sources of the Academy lessons"
slug: "sources"
kind: "ACADEMY"
category: "references"
locale: "en"
canonical: "https://app.forecastcity.com/academy/references/sources"
published: "2026-10-13T00:13:09.053Z"
updated: "2026-10-13T00:13:09.053Z"
description: "The books, studies and articles behind the ForecastCity Academy lessons, listed once in alphabetical order with a link to each work."
---

# Sources of the Academy lessons

Every book, study and article that the Academy lessons draw on is listed below, each one once and in alphabetical order. The lessons name the researchers in their text, so you can find each work here by its first author or publisher.

The lessons summarise these works and rewrite them in our own words. The rights to each work belong to its owner.

## All sources

1.  Apesteguia, J., Oechssler, J., & Weidenholzer, S. (2020). Copy Trading. Management Science, 66(12), 5608-5622. [Working paper abstract](<https://econ-papers.upf.edu/en/onepaper.php?id=1615>)
    
2.  Carmasino, P. (2025, February 10). How a Dancer's Rules Beat the Market. Chaikin Analytics. [Article](<https://chaikinanalytics.com/powerfeed/articles/how-a-dancers-rules-beat-the-market>)
    
3.  Dansinger, M. L., et al. (2005). Comparison of the Atkins, Ornish, Weight Watchers, and Zone Diets for Weight Loss and Heart Disease Risk Reduction. JAMA, 293(1), 43-53. Summary: [American Family Physician](<https://www.aafp.org/pubs/afp/issues/2005/0501/p1783.html>)
    
4.  Darvas, N. (1960). How I Made $2,000,000 in the Stock Market. Life, method and chapter list: [Wikipedia, Nicolas Darvas](<https://en.wikipedia.org/wiki/Nicolas_Darvas>)
    
5.  Fenton-O'Creevy, M., Soane, E., Nicholson, N., & Willman, P. (2011). Thinking, feeling and deciding: the influence of emotions on the decision making and performance of traders. Journal of Organizational Behavior, 32(8), 1044-1061. [LSE Research Online](<https://researchonline.lse.ac.uk/id/eprint/36157/>)
    
6.  Holt, C. A., & Laury, S. K. (2002). Risk Aversion and Incentive Effects. American Economic Review, 92(5), 1644-1655. Restated in Brañas-Garza, P., et al. (2021). To pay or not to pay. Judgment and Decision Making, 16(5). [Article](<https://dlab.sauder.ubc.ca/sjdm/journal/21/210614/jdm210614.html>)
    
7.  IG. The complete guide to trading styles. [Article](<https://www.ig.com/en/trading-strategies/the-complete-guide-to-trading-styles-211012>)
    
8.  Lieberman, M. D., et al. (2007). Putting Feelings Into Words. Psychological Science, 18(5), 421-428. Summary: [ScienceDaily](<https://www.sciencedaily.com/releases/2007/06/070622090727.htm>)
    
9.  Lo, A. W., Repin, D. V., & Steenbarger, B. N. (2005). Fear and Greed in Financial Markets: A Clinical Study of Day-Traders. American Economic Review, 95(2), 352-359. [NBER Working Paper 11243](<https://www.nber.org/papers/w11243>)
    
10.  Mayfield, C., Perdue, G., & Wooten, K. (2008). Investment management and personality type. Financial Services Review, 17(3), 219-236. [Article page](<https://openjournals.libs.uga.edu/fsr/article/view/4919>)
     
11.  Perdomo, Y. (2013, July 1). Checking in with Turtle Traders 30 years later. WBEZ Chicago. [Article](<https://www.wbez.org/arts/2013/07/01/checking-in-with-turtle-traders-30-years-later>)
     
12.  Perz, J. (2024, February 12). Insights from a Trading Legend: Jerry Parker. Against All Odds Research. [Article](<https://aaoresearch.substack.com/p/insights-from-a-trading-legend-jerryparker>)
     
13.  Roberts, B. W., Walton, K. E., & Viechtbauer, W. (2006). Patterns of mean-level change in personality traits across the life course. Psychological Bulletin, 132(1), 1-25. [Illinois Experts](<https://experts.illinois.edu/en/publications/patterns-of-mean-level-change-in-personality-traits-across-the-li/>)
     
14.  Schwager, J. D. (2012). Hedge Fund Market Wizards. John Wiley & Sons. [Publisher page](<https://www.wiley-vch.de/en/areas-interest/finance-economics-law/hedge-fund-market-wizards-978-1-118-27304-3>)
     
15.  The Poor Swiss. How I Made $2,000,000 in the Stock Market, book review. [Article](<https://thepoorswiss.com/how-i-made-two-million-dollars-stock-market/>)
     
16.  Time (1960, December 19). Wall Street: $216,000 or $2,000,000? [Article](<https://content.time.com/time/subscriber/article/0,33009,873372,00.html>)
     
17.  Valleskey, B. (2014, October 10). 3 Things That Affect Trading Performance (interview with Brett Steenbarger). Benzinga. [Article](<https://www.benzinga.com/general/psychology/14/10/4908990/3-things-that-affect-trading-performance>)
     

## Notes on the numbers

-   The win-rate ranges in step 3 of [Build, test and grow your own strategy](<https://app.forecastcity.com/academy/personal-trading-strategy/build-test-and-grow-your-strategy>) come from the simple binomial formula. They use a 95% confidence level.