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Manage episode 152573507 series 1063725
על ידי Joshua Belanger התגלה על ידי Player FM והקהילה שלנו - זכויות היוצרים שמורות למפרסם, לא ל-Player FM, והשמע מוזרם ישירות מהשרתים שלכם. הירשמו כדי לעקוב אחר עדכונים ב-Player FM, או הדביקו את כתובת העדכונים באפליקציות פודקאסט אחרות.
While laying out by the pool drinking a Pina Colada reading a few articles on my phone two weeks ago in Mexico, I was reading about this software that monitors Internet activity and then compares the patterns to historical data. Apparently, it ACCURATELY predicts when political unrest or terrorist attacks are likely to occur. They base their reasoning on the Internet being littered with material that provides important clues about where and when the next attack will be. Yeah, right! At least they admit the software won't replace human analysts. If they didn't, I'd be seriously worried about our safety if it ever did. Think about it… It's the same principle as traders who rely on charts to predict the future as well. Just about every trader swears by charts who uses them. In fact, some couldn't live without them and would feel crippled. But… You have to ask yourself the question: If charts were that and predicted the future direction greater than the 50/50 coin flip, then why do most people struggle with taking money and keeping it from the market? Point being… I don't believe past information is going to provide you with any more of a higher probability than a coin flip. Personally, I much prefer taking advantage of opportunities where there are obvious extremes in the marketplace that are based on fear and greed. It's how I successfully make strategic decisions on a consistent basis. I refer to it as our Marketplace Expectation Probability (M.E.P) Model and an excellent comparison to this is the edge casinos and oddsmakers create at Vegas. It's the only way to reduce risk by diversifying their risk across a wide variety of areas. And it's smart because a few bad situations won't take them down. Why do you think they've lasted so long and will continue to do so? Makes sense… right? So if you'd like to learn how to operate your trading business like a Vegas casino with the (M.E.P) Model, grab your chips and head on over to: http://www.FearlessInvestingWithOptions.com To your wealth, freedom and options! Joshua Belanger