Tanada wrote:Having plummeted all the way to 21st place perhaps it is obvious why I have not played in the past. I am pretty terrible at guessing and I never denied it in any serious manner.
You should NOT feel bad. Professional and serious traders of all markets rarely do better than random chance over time as far as picking winners vs. losers. This is why long term passive investing is so strongly advocated -- all the trading expenses and timing randomness is eliminated.
The talking heads who make their living making market predictions based on charts, fundamental analysis, etc. are no better.
It's entertainment. I use it as an opportunity to remind myself why I should NOT make such bets with real money.