Blindfoldedmonkey: DON’T FORECAST, JUST FLIP THE COIN

Friday 2 January 2015

DON’T FORECAST, JUST FLIP THE COIN

Why? Because we are unable to forecast the markets as a human being. So the best predictor is right in your pocket. When we try to figure it out what the future holds, our statistics are worse than 50% so why we are not counting on the coins if it has 50% efficiency.


The typical retail investor is always underperforming the markets and indices while they think they are better and smarter, but that is not true. This chart below explains this phenomenon clearly.


Yes, true there are other several reasons why retail investors are losing, but the biggest factor that they are doing fundamental analysis or technical forecasts with colourful indicators. Honestly they don’t need to do that, just flip the coin. So, you have to give up the search and study and use this super easy blindfolded trick to buy or sell something. Statistically proven there is not any technical indicator which hit rate is better than 50% but the traders still use them, personally I don’t get it.

Start your investment here with us: http://www.bfmassets.com/managed-accounts

The BFM Assets Team.


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