Replying to Avatar Juraj

Markets are efficient hypothesis.

If markets are efficient, there is no edge to be had and no one will ever make money trading except for betting.

If markets are not efficient, there is edge to be found.

But before you start trading - to you and me - non-specialists, markets are efficient. The edge is on the other side of the order. We are the inefficiency.

Do not trade.
Avatar
Leo Wandersleb 2y ago

Markets in commodities are efficient. That's why producers of consumer goods try to break out of their commodity label. Many shampoos don't say "shampoo" on them anymore as those life style liquids can be sold for a multiple the price of a shampoo.

Reply to this note

Please Login to reply.

Discussion

No replies yet.