Traders in all markets are divided into those who know what they are doing and those who do not.
That doesn’t mean that those who know what they are doing are right: they just know what they are doing.
The rest operate by chance; and, it must be said, the rest are in the great majority.
Those who have a system to which they adhere consistently know what they’re doing.
Of this small knowing minority, a largish proportion are chartists, or at least rely more or less on price history.
-John Percival, The Way of the Dollar
Göran Högbergs Finanskrönika varje vecka – klicka här för mer information!
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