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I may not be able to reliably guess the direction 80% of the time. No idea if it will go up or down. But when I see a moment where I'm 80% sure it's gonna go up or down. That's when I place a bet. To try and guess every movement all the time, is like counting cards, but placing a big bet every hand, instead of saving it up for the one where you're most certain you're gonna win.
In trading, it is popular to claim there are tools that can predict the future. How does a chart or tool account for the death of an employee at a specific company? How about times when a large company pulls down the entire market (and therefore affects the chart of another symbol). Claiming a tool can predict the future is simply an indication of a very myopic view.
👉 Trade with our Sponsor Broker: Trade Nation www.financial-spread-betting.com/ccount/click.php?id=95 Trade sensibly! 81.7% of retail investors lose money.
👉 We are seeking more contributors who can produce great video educational content about trading for our channel. If you think you have what it takes please get in touch by sending a message to traderATfinancial-spread-betting.com (remove the AT and substitute by @).
👉 It seems a lot of our viewers are non-subscribers. Make sure to subscribe to our youtube channel as we upload regular videos! If you hit the “Bell” icon (🔔) you will receive a notification on youtube every time that we upload a video on our channel. Bell icon hitters are super fans of our channel 🥰
This is treasure. Francis schools on both trading and life in six minutes. Amazing.
this guy knows what he is talking about
bravo... specially the 'I' part.
Actually, also you can start to see reversals about to take place with certain momentum indicators (MACD, ADX + DI, etc) in addition to what he said.
I may not be able to reliably guess the direction 80% of the time. No idea if it will go up or down.
But when I see a moment where I'm 80% sure it's gonna go up or down.
That's when I place a bet.
To try and guess every movement all the time, is like counting cards, but placing a big bet every hand, instead of saving it up for the one where you're most certain you're gonna win.
Illuminating wisdom - excellent insight into trading strategy.
Can u interview this magical man about all topics
Awesome interview and amazing insight indeed. Thanks for sharing.
I wish you could teach me how to invest in market, i could work from home and support my wife and 3 kids
In trading, it is popular to claim there are tools that can predict the future. How does a chart or tool account for the death of an employee at a specific company? How about times when a large company pulls down the entire market (and therefore affects the chart of another symbol). Claiming a tool can predict the future is simply an indication of a very myopic view.
PREDICT, it is not a certainty but you only need to be right even less than 50% of the time to make a profit depending on your risk to reward
You're the best
Smart and hot haha
BULLSHIT. Stock direction is impossible. Volume means nothing other than liquidity. Period!
if he thinks he can reliably tell the future, he isnt a trend follower. what a quack