A short monologue by Kosta Ouzas arguing that predicting markets is less effective than adapting to them. He warns that the desire to be right leads to frozen decisions and losses, and recommends systems/algorithms that react to real-time market strength or weakness to stay profitable.
Chapters
Prediction is the fastest way to be wrong in public. The urge to predict comes from the urge to be right. It's human. We want to call the top, buy the bottom, feel clever when it happens. But the market doesn't. Reward ego, rewards adaptability. One headline, one way out, one flash crash can destroy a perfect forecast. And when your identity is tied to being right, you freeze when you're wrong. Our algorithm doesn't need logic to be right, it needs to be profitable. It reacts to the market as it is, not as it was supposed to be. When strength appears, it locks in profit. When weakness appears, it defends the position. Reacting beats predicting, because reality always moves faster than your opinion. Let go of being right. Focus on staying profitable, because the market will always choose truth over pride.