Quote:
Originally Posted by johnnykanoo
I think its a big mistake to "predict" anything. The way to trade is to see when price moves and there is confirmation. Predicting only gets us into trouble. Also when we makle a prediction it makes us biased towards that prediction and sometimes we can't see the obvious. Just my opinon.
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Unfortunatly, with this weeks record (down 2% or so) I'm going to have to agree with you. Its a fun game but allowing myself to play it can get myself into trouble, I think I may add predictions as a point in my system. I'm not a psychic -- Im a trader... well atleast thats how I should be... Thanks for the tip, its definitaly warrented in my case.