Simplified.com Expiated claims to have designed a profitable Forex trading system based on the same principles that govern Numerical Weather Prediction. Is this possible? Yes, it is possible to design a profitable Forex trading system based on the principles that govern numerical weather prediction. Both Forex trading and weather prediction involve analyzing large amounts of data and making predictions based on patterns and trends. By applying similar mathematical models and algorithms used in weather prediction to Forex trading, it is possible to identify trading opportunities and potentially generate profits. However, it is important to note that trading in Forex markets also involves risks and uncertainties, and profitability cannot be guaranteed.
A second opinion: "Therefore, while Expiated's claim is theoretically possible, it should be approached with caution."
After training under Michael Marcus, who learned under Ed Seykota and Amos Hostetter, Bruce Kovner opened his own shop and compounded capital at ~21% for 28 years. Eli Tulis hired Paul Tudor Jones and trained him in trading cotton futures on the New York Stock Exchange (NYSE).
To argue with a man who has renounced the use...of reason...is like administering medicine to the dead... ~Thomas Paine.
Apparently, Mark Minervini trained himself... He studied market wizards like Jesse Livermore and read books about what makes great stocks different from laggards. After analyzing his trading tape like an NFL coach reviews the videotape after a loss, Minervini identified two big weaknesses. He let small losses balloon into big ones. And he lacked investment criteria. Today, Minervini, who started with a few thousand dollars, is one of the top stock traders in the nation. In 2021, he won the U.S. Investing Championship, putting up $1 million of his own money and posting a 334.8% annual return, a tournament record. He also won the title 24 years earlier in 1997 with a 155% annual return. ~investors.com
What was the Panic of 1907? The Panic of 1907 was a financial crisis set off by a series of bad banking decisions and a frenzy of withdrawals caused by public distrust of the banking system. J.P. Morgan and other wealthy Wall Street bankers lent their own funds to save the country from a severe financial crisis.
I know that Silverado is my favorite movie of all time... ...but it took me a few seconds to remember that Tomorrowland is my second... ...which only came up because I just saw a clip that reminded me that I totally forgot about my third favorite movie—Alita Battle Angel—so I'm noting it here for when I forget again. And as long as I'm on the topic, let me also mention that I'm rather fond of Edge of Tomorrow as well.