Why financial market is so difficult to analyse/ decipher?

Quote from Johno:

You can have your head in front of a monitor all day and consistantly lose. All you need is to develop a good understanding of market action ( to be honest I could never do it using charts or indicators, but once I developed an understanding of the market action I can see exactly where many of the flaws are in charts and indicators.) and, develop a low risk high reward technique for milking the opportunities.

It's actually very simple, but many people manage to make it so complex that it becomes incomprehensible.

Good luck in the quest

Johno
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Of course the person who is listening to his favourite tune playing inside his head will lose. But I do agree with you - markets are simple if we do not "over analyze" and see ghosts where they are not. I refer to traders who see retracements coming where they are not there and cut their profits and see support where thery are not and initiate a long position to "lost it all".

Well, if this was not so, no one would do an honest day's work and leave all the H/R resource departments tearing their hair out !
 
Quote from OddTrader:

Why financial market is so difficult to decipher?

A theory {cf: Jack Hershey http://en.wikipedia.org/wiki/Jack_hershey } can be produced, but can we prove it?

Even if we can, it took 90 years to prove a theory by Einstein { Albert Einstein (14 March 1879 – 18 April 1955) http://en.wikipedia.org/wiki/Albert_Einstein } whether his theory is right or wrong.

Gravity Probe - was Einstein right about gravity? - Nature’s answer to radioactive waste
http://www.abc.net.au/catalyst/stories/2589696.htm

On April 20, 2004, a small spacecraft set out on a giant quest… to answer one of the fundamental questions of our universe. This is the extraordinary Gravity Probe B mission. Beset by funding cancellations, fire and failure - it’s the longest single experiment ever conducted by NASA.
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I don't know what can be proved related to the market.

I do know that any trader that has a formula that works hides it under their pillow each and every night. Why would anyone want to call attention to themselves if they actually have a golden goose?
 
Quote from ARealGannTrader:

I don't know what can be proved related to the market.

I do know that any trader that has a formula that works hides it under their pillow each and every night. Why would anyone want to call attention to themselves if they actually have a golden goose?
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Not even. Give to 100 traders the same golden goose formula and you will get 100 different results, probably normally distributed.

Formula is not enough IMO. You got to be at the right place, at the right time, with the right people, have the right amount of money to trade and the right attitude.

Just too many parameters must cooperate/cointegrate for success.
 
Quote from intradaybill:

Not even. Give to 100 traders the same golden goose formula and you will get 100 different results, probably normally distributed.

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What's really funny is what happens when 100 traders trade random systems.

Go to the account simulator below, change the Lines Qty to 100 and you will get 100 different outcomes. It's not hard to imagine that the guy with the best line is saying "I have the HG" and the guy with the worst line is saying "trading is rigged, 95% lose"....

http://www.hquotes.com/tradehard/simulator.html

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