GOLD 0.51% $1,391.7 gold futures

That's the lesson of predictions, a folly game of coin flip. I...

  1. 44,015 Posts.
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    That's the lesson of predictions, a folly game of coin flip. I have learned long ago not to fall into this mindset, confirmation bias. Knowing when one is trading against or with a trend is the most important awareness and the need to use appropriate management of exposure.

    Just believing where price will go in the end is not a sustainable method of management because it could get very painful before it recovers or worse it never recovers.
 
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