You can forecast probable events but it takes experience and/or some research. Won't be right every time but you only have to be right on a few select events.
We have 33 million unemployed and 15 million new days traders in last 2 months
- Thread starter hafez50
- Start date
You can forecast probable events but it takes experience and/or some research. Won't be right every time but you only have to be right on a few select events.
Oh yeah you sure can forecast a year in advance. Be realistic.
This is a simple test for you. Please tell when DOW will return on end of last February level. Time will prove your skills. Good luck.
I forecast probable events when they come up. For example, last year I forecast the SPX would touch 3200 by end of year. You don't seem to understand probabilities and their importance in investing money; there is no certainty in anything.
Dear friend, I have major math statistic. I was making money writing open forecasting models. I’m trading looong time and now it’s my profession.
Let me tell you secret. These models forecast only work for nearest future. Regression, correlation, cluster, factor, functional analysis if it tells you
something. You predict 3200 looking for trend, OMG. It would happened and may not sooner or later. You predict we recover, sure we do. Only question when. You know what you are missing, you did not provide evidence why it will happened. Instead you pointed I do not get it.
Open model with many impacting factors for long run is unpredictable.
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You are lost in your models and seem to be missing a key ingredient to success in this area : common sense. If you can conquer this important aspect, get back to me we can talk. Until then, don't ask me for proof of my forecasting ability then dismiss it for no real reason. Forget about spouting credentials mine are quite strong but unimportant to the topic.
I do not see the point argue with you. Regards.
where are the day traders?!?!?!?!
so with millions of new day traders, unemployment in US should go down.
anyway welcome day traders!!!
I am also a day ( and night ) trader trading futures.
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Record 20.5 million American jobs lost in April. Unemployment rate soars to 14.7%
By Anneken Tappe, CNN Business
Updated 1306 GMT (2106 HKT) May 8, 2020
so with millions of new day traders, unemployment in US should go down.
anyway welcome day traders!!!
I am also a day ( and night ) trader trading futures.
__________________________________________
Record 20.5 million American jobs lost in April. Unemployment rate soars to 14.7%
By Anneken Tappe, CNN Business
Updated 1306 GMT (2106 HKT) May 8, 2020
Folks, remember.
If you green you win!
