I was looking at someones market call... they pulled a thousand indicators out and bla bla bla bla bla......
I realized Why Don't I look at their performance at the march turn....
I look through... and it's Classic behavioral trap....
No sign of a turn.... No sign of a turn.. the reversal "Trading the Bull trap"....
Then about 7 days later.... "Classic Fakeout Rally"...
One has to realize that even "some of the local legends" suffer massive Confirmation Bias....
and are just trading the trend...
Sunday, June 21, 2009
I was just digging through some sites
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