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I've heard of an appeal to authority, but an appeal to ignorance is new. OPs question is not ridiculous, nor does he suggest it to counter the "mysterious" cla
by ramblerman 3y ago
I've heard of an appeal to authority, but an appeal to ignorance is new.
OPs question is not ridiculous, nor does he suggest it to counter the "mysterious" claims
- lordnacho 3y agoNot new, Efficient Markets Hypothesis is like this. "I haven't heard of a way to make money from trading so there isn't one" is my caricature of it.
- cnity 3y agoIsn't it more like: "exploitation of a market inefficiency renders the market efficient over time", or something to that effect? Or rather, (others) making money from trading is what makes it hard (for you) to make money from trading.
- lordnacho 3y agoSure, depends on how you encounter it. Most often on forums someone will show up wanting to hear about how to write a strategy, and they are rebuffed with "nobody would ever publish that".
- cnity 3y agoI love encountering nay-sayers because it means either: 1. I am wrong and could learn something new. 2. They are wrong and their opposition fills me with defiant determination. The difficulty comes when you view something as case 2 but it is actually case 1 and you embarrass yourself. I do this all the time.