OBJECTIVE Probability vs SUBJECTIVE probability. Subjective probability has no mathematical calculations. We make assumptions on what we know.
OBJECTIVE probability on the other hand, is a bit more scientific.
MARKET trends are categorised as SECONDARY, PRIMARY and SECULAR
Secular trends last typically 5 to 25 years
Primary trends 6 to 8 months
Secondary trends last for a few weeks and can either be, corrections or consolidations.
OBJECTIVE probability on the other hand, is a bit more scientific.
MARKET trends are categorised as SECONDARY, PRIMARY and SECULAR
Secular trends last typically 5 to 25 years
Primary trends 6 to 8 months
Secondary trends last for a few weeks and can either be, corrections or consolidations.