jem
Registered: Sep 2001
Posts: 14054 |
07-06-12 05:46 PM
Quote from ReaM:
I think you are having a hindsight bias. Yeah, asking builders. You do know there are traders out there who ask this and they fail?
I know also someone who made money off health stocks. But those are 1% of people, the rest failed somewhere else. You just pick a winner and show him into my face, here, I have a winner, it works. That's BS man.
I never told trends don't exist, where did I say it? I stated they do exist, but they are random. You can't know for sure which will be the trend in the future, because some little piece of information can end that trend in an instant. Like imagine all of a sudden huge oil reserves will be found somewhere deeper in earth of amount of 10x the current estimated reserves of the earth and the crude light is $110. That's a good buy for the trend.
its hindsight bias... but for the fact I traded using t/a during that time period and made over 6 figures a year doing it with t/a.
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