Treasury Bond Futures Update

In light of this website providing you information that actually does make a difference in your trading account, I have a piece of information that I’d like to explain very clearly to my blog readers. Most people have heard of Fibonacci numbers and their nuances. I’m here to tell you that they are nothing more than a piece of crap. Seriously. Don’t waste your time with those things. It’s complete b.s.. The truth is that markets don’t care where they stop or extend. It could be at 50%, 46.2%, 32.4% and on and on and on.

I have done tests to see if that is true and to my amazement they are nothing more than total bullshit. This kind of stuff is peddled by people who are here to tell you that they have found something that you haven’t. They know the secrets that you don’t. This type of a market for products exists because people believe that there some sort of perfect order to the markets. The truth is that markets are random, have plenty of noise but at the same time are not completely random. There is some rhyme and reason to this business. But the supposition that there is this perfect ratio that they subscribe to is just ridiculous. Then these very same guys come and ask you for $5000 of your money because they want to help you get rich beyond your wildest imaginations. They will then pull out examples to show that they are right. The funny thing about charts is that if you draw too many lines on a chart, something will happen on one of those lines. Whether it be straight lines, horizontal and ones flying across the screen. Here’s the next marketing trickery that these folks employ, they go back and delete or erase the lines where nothing happened. What the $*3.#@? I mean people have to be really blind to accept this kind of stuff.

Dear readers, save your money from these charlatans. They will show you all kinds of proof to take your money. Think about it. Why should the markets stop at 38.2% or at any other number? Why can’t the market stop at 37.46%. I have never seen any sort of statistical study rendering proof towards this mockery. Trade the truisms of the markets. Like trends persist. That’s a truism. That works. Trade the fundamentals. THAT’S REAL. Combine fundamentals with technicals. Otherwise trade chart patterns that have some sort of statistical validity to them. Otherwise put your money in Treasury Bonds. At least your money is safe. See you guys. Had to get this off my chest. So much of misinformation around. Phew!!!!!

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