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24/08/23
11:23
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Originally posted by Exised:
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I can't complain. I've made a fortune in the markets by making well informed decisions. The problem is bigger than that I'm afraid. That is just a symptom of an even bigger problem. The human herd is getting dumber and dumber. This is the root of the problem and even more so with the legions of participant that's entered the market since COVID. You can absolutely see this in the market. I've been at this for 20+ years and you would think more information available real time helps for more informed decisions. Nope, the opposite happens. The herd has lost the ability to filter noise. Worse is the misinformation. This is interpreted in the market via the price action. Plenty of crooks behind the intraday and short term price action. More so than before. Believe it at your peril.
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Have you seen the movie Idiocracy? If not, I think you would very much enjoy it.