Question by Chumley: May well astrology be useful for investing in the stock, futures, or forex market as a self-fulfilling prophecy?
Please note, that I do NOT think in the validity of astrology
itself.
Nonetheless, human beings are superstitious beings and
each year that goes by, not only does “New Age Mysticism” turn into increasingly common, BUT ALSO much more and far more investors are placing their faith in astrological evaluation of the markets!
Surely this ought to be a really unsafe way to danger your finances. Nonetheless, astrology seems to actually Function when it comes to investing, according to all reports. How so?
Think about that, as the markets are nothing much more and nothing much less than a direct reflection of the mass human psyche (of all participating traders) then may not astrological predictions be increasingly dependable tools for the savvy investor to pay focus to? Simply because of the escalating mass of investors employing astrology, the market place ends up reflecting the resulting trends?
In this limited sense maybe, astrology IS for real – maybe I’ll be purchasing a excellent astrology program soon..?!?
Finest answer:
Answer by Disha
there’s one thing called sales advertising predictions, massive internet site organizations like SloanCenter are into it. attempt to get into their websites and ask them
Add your own answer in the comments!
no i say not. you are better reading the following books though.
the intelligent investor
security analysis
bizbag security analysis
frank j kelly jr
analysts
fjkellyjr@bellsouth.net
You could probably make a lot of money selling stock advice to people that is based on astrology. Just make your stock picks by throwing a dart at a stock table on the wall, then make up some astrological mumbo jumbo to make the customers happy.
You keep doing that and you will lose all of your hard earned money. Stocks don’t care about astrology, neither does the smart money. But what ever floats your boat, someone has to lose their money for me to win it.
Yes…Astrology is just as valid as any advice you will get here.
Because, Astrology will tell you to do something that is right or wrong.
Advice Here will probably be right, wrong, somewhat right, somewhat wrong, possibly right, possibly wrong, maybe irrelevant.and from this you must pick. Go Figure.
The number of people using astrology are too few to generate the predictive results you want. Too much volume is driven by highly rational computer systems.
Now there might be self-fulfilling potential in some of the analyses that are done: computers look at the shape of the closing price graph and make predictions. I’m sure there are readers here that do some of that: a peak up following a trend down means something, etc.
I started tracking some stocks when I first starting getting those penny-stock junk mail. I did see that in fact those stocks did get a jolt upwards following the email. I don’t know whether little investers were reacting to the emails or somebody was gaming the system. I was testing an idea of jumping on the stock just because the junk emails did juice demand. What found was that I couldn’t buy the stock quick enough to ride the wave; also my transaction fees would eat up all my profit. No didn’t move ahead.
All this to say, no I don’t think your astology plan is good, but that there may be other ways to catch self-fulfilling prophesies. They’d would have to be suptle though, because if somebody says something on TV the stock shoots up too fast for you to buy it and you just end up buying empty hype. Personally, I just stick to funds that follow some overall economic trend that I see for the upcoming year or two. (I buy into countries with upcoming Olympics, countries that export now with the dollar so low, etc.)
investing on particular security required complete analysis of balance sheet through financial advisor or expert.no sense of astrology needed.