When we’re in a meeting with friends or family, or even surrounded by a few unknown individuals, the same type of question often surge:
“Oh, so you work in the financial markets, right (yellow smile on the face, tap on the shoulder etc.)? Let me ask you this: is {{insert the name of the asset here}} going to go up or down?”
We have the perfect blueprint for our assiduous Tackle Trading Daily News Readers:
“I don’t know.”
Yes, just answer “I don’t know” and the Heavens will open up its gates for you. Give it a try and tell us how you feel.
— Is the Dollar going to go up or down? Is it the right time to buy Euro? (there is always another appending interrogation)
— I don’t know.
— Is Apple going to go up or down?
— I don’t know.
— Is Bitcoin going to go up or down tomorrow? (it’s really special when they add a timeframe)
— I don’t know.
— Is the market going to go up or down? (they tend to ask about abstract entities as well)
— I don’t know.
— Is the oil price going to go up or down ’til the end of the year? (now they’re going full macroeconomics adding such a broad horizon)
— I don’t know.
— Are rent prices going to go up or down? (now you want to lose it. CAN SOMEONE GET ME OUT OF HERE OR I’LL…)
— I don’t know.
See? It’s a liberating feeling. Sometimes, ignorance is bliss.
Chart of the Day: Up or down?
