The markets are frequently wrong

“Markets are never wrong – opinions often are.” – Jesse Livermore.

In my opinion markets often wrong.
Discuss.

 

Markets were invented by Dr. Soong?

 

How can a market be wrong. That's like saying the liquor store is wrong.

Possibly you can give an example of when they were wrong.

 

Easy!
When I make a trading decision contrary to the trend and general ET opinion and make spades of money.

 

Often wrong with respect to what?

 

When you lose money, that's when you're wrong.

 

Welp, Jesse says markets are not wrong, so think about what he was saying.

 

Did you lose some money recently in this crazy shitshow of a market, where nothing is safe?

:-( Here, have a free flight to Paris! They are very relaxing!

 

Very happy but can't jump aboard aeroplane.

 

Markets cannot be right or wrong; markets are based on human behavior. Some humans are wrong and some humans right. Most humans don't know that they are wrong or right until sometime later.