Quant analytics: Heads = buy, Tail = sell
Why is it better off for a new trader to flip a coin (heads for buy, tail for sell) instead of using judgment to trade? If you flip a coin you loose 50% of the time. If you use your intellect you lose 90% of the time?
Does anyone know if this subject was studied. I am sure it was?
NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!