“The greatest enemy of knowledge is not ignorance; it is the illusion of knowledge”. Stephen Hawking.
The participants of financial markets are possessed by a need for rational interpretations of reality which they are doomed to contemplate without a chance to change a thing. Something similar...
Some 10 years ago any attempt to mention financial markets in a non-professional milieu inevitably hit the wall of skepticism: «Forex again?! Oh, spare us this rubbish, please!»
I would like to draw reader’s attention to a particular issue: this common reaction is based on the misconception...