Why Forecasts Are Pointless In Trading And Investing

By | April 27, 2015

Let’s start by defining what a forecast is: an estimate of a future event, specific in time and numerical value. A few examples include: EUR/USD will fall below parity by September 2015; Oil will reach $80 by year-end; Gold will be under $1000 by November 2015. These kinds of forecasts are made all the time by confident-sounding analysts, strategists, fund managers and others. Continues here

One thought on “Why Forecasts Are Pointless In Trading And Investing

  1. Jules BRUNO

    Hi Vlad – I often would like to comment your pertinent articles but my English is quite poor… please continue to edit them despite little comments from your fans 😉


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