Quote Master plugin and widget quotes

Even if you are an expert who spends 24 hours a day keeping an eye on all the fundamental developments that can influence the market, the reliability of your forecasts will still be relative. Carl William Brown A fool sees not the same tree that a wise man sees. William Blake Experienced traders control risk, inexperienced traders chase gains. Alan Farley The answer to successful trading cannot be found in any coach, book, or system. … Continue reading

Prediction and Trading

Actions and results in trading history

Failed Prediction from History. Economist and Yale professor Irving Fisher spent the early 20th century as one of the undisputed wizards of Wall Street. Today, however, he is best known for making what is perhaps the most disastrously timed stock market prediction in history. The call came in early October 1929, in the days after stock prices leapt to dizzying new heights. Some claimed the jump was a sign that a massive crash was imminent, … Continue reading