Wednesday, September 22, 2010

Does God Play Dice in the Markets?

Mr. Albert Einstein once said that he could not believe God plays dice with the world. He felt that there was a hidden order to things. He did not want to accept the statistical probability ideas being developed in quantum mechanics. I wonder what he might have thought of markets and trading.

As a physicist he might disregard trading as behavioral and better understood through psychology. As traders we trade the markets and make and lose money with the ideas that we apply to the markets. The chance and probability of success rests on our trading models. Is there a hidden order in the markets? Is it all chance and probability? What do you think?

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