Re: Avoid Making Predictions in the Market
Please pardon my ignorance. Isn't the first of the five critical ingredients mentioned a prediction. I am assuming that the signals tell you to either buy, sell or do nothing and if you are buying or selling, isn't that a prediction?
Is it where people go wrong, not that they have to be right, but rather they are not willing to be wrong? Thus they don't get out and cut their losses.
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