CL is crazy!

[Robert Morse]

I don't believe that any of these services can really say useful information to trade. News, signals and reports don't move the prices. I think that the people who reads the articles and analysis by the big investment funds like the economy war that have USA and China or whatever they are talking now, It's only to be actualized.

Doesn't have logic sell a service of real predictions for an insignificant part of money than I could make trading with this information.

I was only commenting on the statement"Professional traders don't do prediction." Not any service or trade service.

 

[REDP1800]

i predict correctly every day that i trade. i am predicting that my predictions will make me profits

 

[wrbtrader]

I don't believe that any of these services can really say useful information to trade. News, signals and reports don't move the prices. I think that the people who reads the articles and analysis by the big investment funds like the economy war that have USA and China or whatever they are talking now, It's only to be actualized.

Doesn't have logic sell a service of real predictions for an insignificant part of money than I could make trading with this information.

Surely you don't believe that market news does not move the markets ?

To be more specific, do you believe that news about oil has no impact on price movement of Light Crude or Brent when the news is released ?

wrbtrader

 

[wrbtrader]

Sorry but this is not accurate. Predictive models are very valuable and sought after by larger funds and prop firms.

One may argue that institutional trading firms these days mainly use predictive models and automated trading systems that dominate the markets these days.

Yet, its still odd to see one of those firms talk about their forecasts on Bloomberg and then see a competing firm talk about their forecasts making the opposite predictions on CNBC.

The good thing is that one will be right and earn the right to say "it works".

wrbtrader

 

[Jfranco_2003]

Surely you don't believe that market news does not move the markets ?

To be more specific, do you believe that news about oil has no impact on price movement of Light Crude or Brent when the news is released ?

The price of all markets moves by supply and demand, the news can make that a lot of people buy or sell, but if, for example, just released news about China won't use more petroleum to make the chinese food (Jaja equisde) because they just researched another better way, but in the market, a group of investment funds buy all, the prices will rise.

 

[wrbtrader]

The price of all markets moves by supply and demand, the news can make that a lot of people buy or sell, but if, for example, just released news about China won't use more petroleum to make the chinese food (Jaja equisde) because they just researched another better way, but in the market, a group of investment funds buy all, the prices will rise.

What do you think creates or causes the changes in supply/demand ?

wrbtrader

 

[Jfranco_2003]

What do you think creates or causes the changes in supply/demand ?

The mind of each investor, the herd follows the news to trade, and the real traders looks the charts.

 

[wrbtrader]

The mind of each investor, the herd follows the news to trade, and the real traders looks the charts.

There's a difference between following the news to trade versus knowing what's causing the changes in supply/demand.

If you do not know the difference between the two...you will eventually get lost.

Simply, understanding and knowing the reasons for the change in suppy/demand does not imply you're following the herd nor imply you're trading the news.

wrbtrader

 

[maxinger]

up it goes. now at 55.30

since 7 Aug, there have been many good signals to long the crude oil.

 

[REDP1800]

Professional traders don't do prediction.

Only newbie traders and coaches and fortune tellers do prediction.

If u learn wrong thing , it will contaminate your mind. And it will take years to decontaminate your mind.

bEsT wIsHEses !

wrong on all levels