Quote:
Originally posted by Habib
What I was saying is that I know things up to a certain extent but that level does not qualify me even for the KG level as far as knowing markets is concerned.
My friend, the more you know, the more you also come to know that you hardly know anything.
Knowledge is like an ever-expanding sphere. The more its expansion, the more its area of contact with the unknown. You find any contradiction in that? If you still do, I rest my case.
Happy trading.
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Hey, not my friend because I don't know you (nothing personal, I just don't like when people say that to me...yes, I know it's common here in this area, but I'll never like it), thanks for explaining the Paradox of Knowledge. After getting a PhD and spending 16 years of teaching, I had never heard of that.
What I was questioning was the certainty with which you made the statement. In other words, how do you distinguish between a genuine move and a fake one? If the price of Cable moves 100 pips, how do you know that the move really didn't happen? After all, it seems to me that if the price moves 100 pips, it has made a move and for the life of me I can't distinguish between a genuine or a real move. I really wish you would explain it to me because I'm really curious about this.
Thanks, my possible friend (if we were ever to meet and we talked and got to know each other and actually liked each other).
Nat