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by olefoo 5811 days ago
What the rats are doing (if this is not a well done prank) is exactly equivalent to what 'technical' traders and chartists do. As to why these techniques work; they are reacting to the intentions of other traders signaled in data. This may be a case where knowledge of the "underlying reality" that the market is reacting too (supposedly) is a disadvantage because it prevents noticing and reacting to the actual data.

That said, this whole thing reads like an elaborate practical joke.

1 comments

You mean, like they're noticing a 'bearish gartley' pattern (in audio) and acting appropriately?

My point was, that although these can be 'indicators', you still require a human mind to determine whether the trade should be made. If it was as simple as matching patterns and trading, anyone would be able to do it.

Not necessarily, if (again taking this at face value) only a few rats are able to pull this trick off, that's not too surprising. Of humans who trade forex, only a certain percentage are relatively successful at it.