Again, the impossibility to time the market consistently has nothing to do with intelligence/or hard work/or not trying enough...even super computers and the most advanced algorithms cant do it. It is the result of a fundamental characteristic of human behaviour : human beings have free will, they are unpredictable and they are able to adapt/change their behaviour.
If you are able to time the market correctly in a consistent manner, then you must be already super rich, which obviously you are not, otherwise you wont be wasting your time investing in microcaps and participating in a public forum trying to convince others how smart you are, and confusing luck with intelligence.
There is no shame in luck. Its part of our lives. I do understand however that people get nervous when others point out to them that luck plays a major role in many things they did achieve in their lives.
I highly recommend you read Nicolas Nassim Taleb works, in order to appreciate the role of luck in the stock market and in our lives in general. He said :
"The people I go after are the false experts, those who do not accept the limits of their knowledge"
"Years ago, I noticed one thing about economics, and that is that economists didn't get anything right"
Read more at: https://www.brainyquote.com/quotes/authors/n/nassim_nicholas_taleb.html
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Last
4.5¢ |
Change
0.004(9.76%) |
Mkt cap ! $8.156M |
Open | High | Low | Value | Volume |
4.1¢ | 4.5¢ | 4.1¢ | $3.419K | 77.62K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 73188 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 66665 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 73188 | 0.041 |
2 | 351529 | 0.040 |
1 | 100000 | 0.025 |
1 | 39888 | 0.020 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 130000 | 1 |
0.062 | 100000 | 1 |
0.070 | 5000 | 1 |
0.074 | 17071 | 1 |
0.092 | 3003 | 1 |
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