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You are right that predicting trends is not that hard. When it comes to financial prices the issue is that you are effectively predicting small changes in trend
by T_S_ 16y ago
You are right that predicting trends is not that hard. When it comes to financial prices the issue is that you are effectively predicting small changes in trends, plus a lot of noise added on by trading activity itself. Much harder.
- pshapiro 16y ago"Supercomputers" here we come... :)