View Single Post
Old 18 May 2018, 05:03 PM   #39
galtinuk
"TRF" Member
 
Join Date: Mar 2010
Location: London
Posts: 215
There are some people that call it a crystal ball. They take the comforting view that these things are completely random and not foreseeable.

There are others who insist that they have "edge" in forecasting future prices.

Of the latter group there is an even smaller subset within that actually do have edge in their speculative decisions.

We probably all wish we were in the last group. It is painfully difficult and frustratingly rare to be in that last subset. Especially given many get a little taste of what it is like to be there now and again. Much easier to believe it doesn't exist at all..
galtinuk is offline   Reply With Quote