Arthur Merrill: Biography, Career, and Business Insights

Arthur Merrill’s Profile Summary

Company	Self-employed
Position	Financial Analyst and Independent Researcher
Source of wealth	Earnings from Merrill Analysis Inc., royalties from published works, consulting fees
Also known as	Author, Technical Analyst
Years of life	17.06.1906 - 04.01.2005
Education	Specific details about Arthur Merrill's educational background are not readily available.
Citizenship	United States
Residence	Haverford, Pennsylvania, USA
Family	Information about Arthur Merrill's family is not publicly documented
Website, Social Media	https://technical.traders.com/archive/combo/display5.asp?author=Arthur%20A%20Merrill%20CMT

Arthur Merrill’s biography

Arthur A. Merrill (June 17, 1906 – January 04, 2005) was an American financial analyst and technical analyst renowned for his contributions to the study of stock market patterns. He began his career at General Electric Company, where he worked in engineering, statistics, and management from 1927 to 1961. In 1961, Merrill transitioned to finance, founding Merrill Analysis Inc. in Haverford, Pennsylvania, where he served as president. He authored several influential works, including "Behavior of Prices on Wall Street" and "Filtered Waves: Basic Theory," which have been instrumental in advancing technical analysis methodologies. Merrill's research focused on identifying and classifying price patterns, notably the M and W patterns, which are still referenced by traders and analysts today. His dedication to statistical analysis and pattern recognition has left a lasting impact on the field of technical analysis.

How did Arthur Merrill make money?

Arthur Merrill makes money in the following areas:

Earnings from Merrill Analysis Inc., royalties from published works, consulting fees
What is Arthur Merrill net worth?

As of 2025, there is no publicly available and reliable information regarding Arthur Merrill’s net worth.

What is Arthur Merrill also known as?

Arthur Merrill was a prolific author, contributing significantly to the literature on technical analysis. His publications, such as "Behavior of Prices on Wall Street," provided in-depth statistical analyses of market behaviors, offering valuable insights for traders and investors. Additionally, Merrill was recognized as a technical analyst who developed and popularized various chart patterns, including the M and W formations, which are utilized in market analysis to this day

Prominent achievements of Arthur Merrill

Authored seminal works in technical analysis, including "Behavior of Prices on Wall Street," developed the Merrill M and W patterns used in chart analysis, awarded the Market Technicians Association (MTA) Annual Award in 1977 for his contributions to the field.

What are Arthur Merrill’s key insights?

Arthur Merrill emphasized the importance of statistical analysis and empirical research in understanding market behaviors. He believed that identifying recurring patterns and applying rigorous analytical methods could enhance trading strategies and investment decisions. Merrill advocated for a disciplined approach to market analysis, focusing on data-driven insights over speculation.

Arthur Merrill’s personal life

There is no detailed public information regarding Arthur Merrill's family members.

Useful insights

Essential books for stock and Forex traders

These essential books provide traders with timeless strategies and practical knowledge to build a strong foundation in stock and Forex markets, and enhance trading success.

Alexander Elder – "Trading for a Living"
- Summary:
  
  Elder’s book is a comprehensive guide that covers the mental, technical, and risk management aspects of trading. It combines psychological discipline, effective trading strategies, and money management techniques to help traders build a sustainable career.
- Why read it:
  
  It is a great starting point for beginners and a valuable resource for experienced traders who want to refine their approach. Elder's focus on the psychology of trading is particularly useful for developing discipline and avoiding common emotional pitfalls.
Jack D. Schwager – "Market Wizards"
- Summary:
  
  In this classic work, Schwager interviews some of the world’s most successful traders, uncovering their strategies, mindsets, and trading philosophies. The book provides a rare glimpse into the minds of top traders across various markets, including stocks, Forex, and futures.
- Why read it:
  
  Learning directly from legendary traders can help you adopt proven strategies and avoid costly mistakes. The interviews offer timeless insights that can benefit both novice and seasoned traders.