Commentary: Market Gurus

One of our students at www.markettamer.com recently forwarded an article to me that evaluated the forecasting accuracy of 50 of the most recognized “Market Gurus”.  The statistical analysis was conducted over a two year span with nearly 4500 measurements.  The bottom line was that the accuracy of the aforementioned Gurus was a “Coin Flip”.  So, here we have an entire industry of people that are proclaimed as experts in their field and the best that they can do collectively is to be right about half the time. 

As a retail trader you may be paying for some of this advice.  What do you do when you are wrong half the time?  Well, hopefully your winning trades are significantly larger than your losing trades or 2) you must learn to adjust the losing trade to better optimize the changing trend of the stock.

We at www.markettamer.com specialize in the latter.  As a result, we put ourselves in a position to take advantage of the new direction of the stock allowing the trade that was losing to be in a position to win.  Don’t rely upon others to give you advice on what to do to create wealth.  Learn to do it yourself.  Click here to learn how to adjust to win!

Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • Technorati
  • TwitThis

Leave a Reply

You must be logged in to post a comment.

Subscribe Via RSS
Subscribe Via Email

Enter your email address:

Delivered by FeedBurner

More Content