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RE: Interview with the developer of index that predicts crypto trend
Interesting topic ... only i have one problem with these kind of apps and programs. (The same i have with blind followers of crypto predictors) And that is the following, when a lot of people are following the advise of these predictions, it certainly will become a self fulfilling prophecy. And i always think, be different, choose for whatever reason a project you like and try to go against the consensus. But who knows, maybe i should try this for a change, where can i get the beta?
Going against the consensus sometimes is profitable. For example, Hillary Clinton had the most chance to win elections, but Trump was elected at the end. This caused some big movements in the FX market. I'm not sure if this kind of sudden moves can be forecasted.
Well not only in the FX, the Stocks, etc.
You are right, but on the opposit way of saying, trading "against the trend" might be harmful. But as you said..its not a rule.
Registration is for free and you will see 1 week delayed data - so you can do the backtest for yourself if it is a good tool for you or not. Check it out here https://controlaltshifts.com
Thanks, i will have a look asap