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Guarantees in Trading
Interesting article from UKIBTimes concerning Astrologers and Psychics with regard to the money markets, well worth a read 
Astrologers who predict the direction of the financial markets are often interested in the fees that will be paid by their clients. Why would a psychic charge $20 for a service rendered? Why can’t the psychic use his/her perception to enrich himself/herself? Wouldn’t it be better if the psychic buys lotto tickets and makes millions by his/her ability to predict the future? Why can’t the prophet trade on the markets without a single loss and become a billionaire in a short period of time? Isn’t that better than charging peanuts for services rendered for clients?
Personally, I believe that, rather than predicting the markets, traders should cut losses if they’re wrong and run their profits if they’re right. Psychic or prophetic abilities are irrelevant in the financial markets.
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- Posted: Sun, 09 Oct 2011
- Source: uk.ibtimes.com
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