Post
Topic
Board Speculation
Re: Lose all your capital fast, with MatTheCat and his TA 101A!
by
oda.krell
on 09/09/2016, 12:53:47 UTC
Regarding trading: Speculation is 20% of the traders making money off of the other 80%. If you can't spot the sucker at the table...

I like that line a lot. Think I'm going to nick it, for use in future discussion. It can even be seen as a succinct way to capture why some people believe in the EMH even though technically the EMH is unlikely to be true, universally - it's probably true for the majority, so it makes  sense for them to stick with the claim.