Very well, let me clarify. People who make trading decisions based on only looking left on a chart are more likely to lose than people who can accurately judge what will happen.I was not asking anything specifically.
Just adding to KlondikeFX's argument.
That's bullcrap. Trading is too personal a game to assert black and white claims like that and attribute them to everyone.
Moreover, if you don't look at the left side of the chart, or in other words, if you don't look at the past...
Where are you going to get the information to make your brilliant future decision?
Do you make it up?!
It's fine to have an expectation of what the price will most likely do in the near future but to say that those who look at the left side of the chart are losers is just going too far (as well as incorrect).
This type of decision exists in an option chain on basic platforms where you are presented with a percentage chance of an option expiring in the money. This uses a standard deviation from the norm to look right on a chart.