Author Description

It is quite very obvious that data mining is the future of stock markets as any support in decision to active investors and traders will increase their profitability and reduce the dangers in the markets. Investors, Fund managers, etc. have been trying to forecast the direction of movement of the stock markets for a very long period now. Thus, numerous statistical models for forecasting exist. But these have started to reach their upper limit and techniques from data mining have started to replace them.