What gave you the idea that simple recombinations/regurgitations of past price and volume would offer you any hint about the future in the first place? Unless you are assuming you can be faster than the "crowd" that uses those same methods -- but like others have mentioned, you are a bit behind the times.
Predicting markets - impossible
- Thread starter torontoman
- Start date
What gave you the idea that simple recombinations/regurgitations of past price and volume would offer you any hint about the future in the first place? Unless you are assuming you can be faster than the "crowd" that uses those same methods -- but like others have mentioned, you are a bit behind the times.
2 points.
1. I agree that predicting market is not possible, even to the next price tic.
2. I do think returns above 15% are possible though I have never achieved them. I've never done better than break even on my live acct so far, though I do think my future returns will be humongous.
Professor Coinz
1. I agree that predicting market is not possible, even to the next price tic.
2. I do think returns above 15% are possible though I have never achieved them. I've never done better than break even on my live acct so far, though I do think my future returns will be humongous.
Professor Coinz
I think if you can make 35% per year throughout your career as a trader than you can be considered a good trader. Anything above 50% per year is great. With that being said I'm sure there are ppl who average 100% + per year. Like life anything is possible.
Although these numbers may make some peoples mouths water. They are not the norm. The human brain is designed to lose when it comes to the markets and very few can modify their behaviour in time to become sucessful.
ozzy
Although these numbers may make some peoples mouths water. They are not the norm. The human brain is designed to lose when it comes to the markets and very few can modify their behaviour in time to become sucessful.
ozzy
Are you telling me that there are people making 35% consistently?