Why it's so hard to beat the market (Wisdom of Crowds)

Discussion in 'Trading' started by Steve Ladd, Nov 10, 2020.

  1. Dazz

    Dazz

    33 posts yesterday and today - all this stupid? Get a life; chat room stalker!
     
    #41     Nov 20, 2020
    christielowe likes this.
  2. Overnight

    Overnight

    This isn't a chat room. This is a BBS/forum.
     
    #42     Nov 20, 2020
  3. Well. if you have the right knowledge and you are determined enough, you might make it. There is also a lot of competition.
     
    #43     Nov 23, 2020
  4. Though there are more people losing money than the people making profits, beating the market has never been easy. No matter what we do, losing is a part of the game and that’s what the reality is.
     
    #44     Nov 24, 2020
  5. padutrader

    padutrader


    it is difficult ...yes

    but not impossible.

    if you believe it is impossible........then try something else.

    it is well documented here that i lost money for a decade.

    and that it took me that long to understand Al Brooks.

    markets are logical.

    just as water finds it's own level-the level that they are allowed to reach by the topography of the land-so the markets do the same.

    they follow the path of least resistance........this cannot be predicted consistently days or weeks or hours or even minutes...... ahead.

    but prices are printed and can be seen in the present ,, in hindsight.

    trading is done in hindsight...the past is prologue.

    markets do shout to those who know it's language.

    It is price that determines price.....price is determined by buyers and sellers.

    it does not hide it's intentions......to those who learn the language.

    price data is no secret
     
    Last edited: Nov 24, 2020
    #45     Nov 24, 2020
  6. padutrader

    padutrader

    that is the reality even in the real world in any competitive activity
    when i started golf in 1987 the first prize was usd in my country's tour.
    the competition was intense even for that money.
     
    #46     Nov 24, 2020
  7. padutrader

    padutrader

    HAVE A HEART

    that has happened after 50 years of a stellar record.

    with information flow moving faster than then speed of light....and available to anyone with a smart phone..........markets have become efficient as never before.

    and markets in Main street are becoming cut throat .......with the result that it is difficult to pick winners
     
    #47     Nov 24, 2020
  8. Be strong with your knowledge and skills and make decisions will become easier. There is no need to beat the market.
     
    #48     Nov 27, 2020