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Re: yaadmon post# 22346

Saturday, 01/21/2017 8:45:33 PM

Saturday, January 21, 2017 8:45:33 PM

Post# of 54419
"Look at the chart!", "Look at trends!", some talk about fluctuations in the stock market as meteorologists look at climate clues to predict the weather ... The stock market is not "alive", it does not obey to a climate model ...

Never forget that behind every transaction, there are investors who are trying to make money with their investment. Some are well informed, others follow the wave, others do anything ... graphics are a visual representation of the reaction of all these investors ... Pinksheet or not, it is the same fight.

To take again my example of weather, it is as if looking at the temperature yesterday, I try to predict what it will do tomorrow. If yesterday it was hot, maybe tomorrow it will be hot too, but what will it do in a week or a month ??

Making investment decisions by looking at "graphics" is the same!

Everyone has their own way of investing. Can we make mistakes even in making rational decisions? Certainly! But maybe less often.

Some know poker? This is the same as for professional poker players. Can an amateur have a stroke of luck and win? It's certain! But professional players, with time, earn more often!
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