|
Re: Are currency markets random?
No.
When the Fed or the ECB says that they are going to raise rates, or do raise rates, that currency appreciates against the other.
Is that random?
I think not. It is fundamental.
The problem is people try to see things that aren't there, because they want to become a billionaire overnight. They then become delusional and start gambling on trades. Instead of sitting, waiting for the trades to come to you.
"It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!"
|