what does it matter if it is random. that means it is not manipulated. so even easier to make money you make it, i make it... millions make it apparently one person does not makes it and he cries that "mummy the market is random so i am a failure"
We define ‘randomness’ as incomplete information as it relates to data produced from market activity/markets.
Once someone recognizes that the data is constructed randomly & not with a precise intended message of the future, they can save themselves a LOT of trouble.
This means that any tool used to infer the past to predict the future, is insufficient in dealing with this randomness phenomena.
We’ve proven empirically that markets do not carry a precise intended message of the future. That it does not contain complete information where someone can apply a tool to measure and infer the past to predict the future like they haphazardly do today. They do this with full confidence that this is the way and their strategy is built around this alone. They go further and assume that it is Gaussian and begin to ignore the tails as if it’s some “error” that “shouldn’t have happened”.
Therefore, only using tools that infer the past to predict the future is not a robust strategy.
Retail day traders foolishly use Technical Analysis to do this. Technical Analysis shows you information of the past, such as volume etc, but it’s in the misinterpretation of this that traders get lost and come to the wrong conclusions.
@themickey Heres something useful for you.
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