There certainly is a Holy Grail! - page 13
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Is it hard to see that if you are Warren Buffet you have enough capital to take on large positions sizes and move markets ?
That is creating the future not predicting the future and do you really believe that Buffet uses technical analysis?
This can only be done if you have enough base capital so not everybody can do it.
Have you read his books ?
1- warren buffet was always a whale?
2- if you have a clothe store, you buy clothes for a cheaper price than you sell, can you predict exactly that you will sell all the clothes you bought?
if the answer is no- then you have to agree that you can make money without predicting 100% of the future, because in every city you can see those merchants
if the answer is yes, show me how
3- your statement:
"you can't predict the future"
ok i agree, but if i can't predict what will happen does that mean that i can't predict what will likely not happen?
If i can predict what will likely not happen, in forex is easy, is just do the opposite direction
ok i agree, but if i can't predict what will happen does that mean that i can't predict what will likely not happen?
If i can predict what will likely not happen, in forex is easy, is just do the opposite direction
This is not predicting the future, it is called expectation.
Expecting something to happen is not the same as predicting the future.
Therin lies the rub.
"Expecting something to happen is not the same as predicting the future."
If you expect some trades based on your strategy using technical analysis, and then in some time you become rich. Does that mean you predicted the future in your favor, or not?
"Expecting something to happen is not the same as predicting the future."
If you expect some trades based on your strategy using technical analysis, and then in some time you become rich. Does that mean you predicted the future in your favor, or not?
For sure he won't change his mind :-)
Or he may be just kidding us ... maybe I'm wrong, but as I remember Marco, wasn't it you with a price predictor on his chart ?
For sure he won't change his mind :-)
Or he may be just kidding us ... maybe I'm wrong, but as I remember Marco, wasn't it you with a price predictor on his chart ?
Not me and i'm not kidding it's not possible to predict the future.
Of course you can calculate the bandwidth of what is expected to happen, but it's not the same.
Predicting the future involves a parameter of certainty that can not be met on forehand.
I already mentioned this many times, it's ironic that the discussion keeps coming back to the impossible task of trying to predict the future,
While it is not needed (to predict the future) to trade profitable, you do not have to know what is going to happen next in order to make a profit.
It just blows my mind to see that people put that aside, and continue to talk about predicting the future.(which is impossible)
Well in defense of these people... Most people seem to be cultivated in the wonderful world of indicators. Living in the world of indicators puts one in a limited mindset. Conflicting signals on different time frames, different pairs and so on. It keeps you trapped in price go either up or down way of thinking. Hence you would feel the urge to predict what is going to happen.
It is no surprise, because every other post on this forum, or any other trading forum for that matter, is about indicator this or indicator that. It is mind numbing.
Not me and i'm not kidding it's not possible to predict the future.
Of course you can calculate the bandwidth of what is expected to happen, but it's not the same.
Predicting the future involves a parameter of certainty that can not be met on forehand.
I already mentioned this many times, it's ironic that the discussion keeps coming back to the impossible task of trying to predict the future,
While it is not needed (to predict the future) to trade profitable, you do not have to know what is going to happen next in order to make a profit.
It just blows my mind to see that people put that aside, and continue to talk about predicting the future.(which is impossible)
Okay, but a meteo forecast is a prevision. It's written nowhere that future prediction comes along with exactitude.
I could also be ironic and claim that adding 0.1 lot per hour to my beheld 1 lot position, 10 hours later, i'll have 2 lots. It's exact. It's future.
Well in defense of these people... Most people seem to be cultivated in the wonderful world of indicators. Living in the world of indicators puts one in a limited mindset. Conflicting signals on different time frames, different pairs and so on. It keeps you trapped in price go either up or down way of thinking. Hence you would feel the urge to predict what is going to happen.
It is no surprise, because every other post on this forum, or any other trading forum for that matter, is about indicator this or indicator that. It is mind numbing.
I just feel like you are trying to assert yourself. So I leave you with the last word.
Well if you don't understand that there is a difference between 'predicting' that the sun will rise tomorrow and tomorrow's close price, i rest my case.
Ok you can't predict 100% of the future
But if some trader makes a lot of money, using technical analysis strategies, he made that money, because of pure luck, or because he predicted the future, or what reason?