Ok, the definition is very clear and I got it. Then if you can prove that TheRedInc and other guys in the P/L Thread aren't genuine then you can still claim that this theory is still true. Otherwise, just shut that theory away.
PS: If the market is really efficient then there will be no participants because people are smart enough to not losing time.
PS: If the market is really efficient then there will be no participants because people are smart enough to not losing time.
Quote from neutrino:
markets are efficient enough so that no short-term profits can be extracted from them on a consistent basis.