Rebel Traders 118 : Coincidence vs Causation…
Coincidence is not causation or is it just coincidence? It's time to put it all under the microscope...
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Cause and effect is a relationship between events, where one is the result of the other. Ok, scrap the textbook explanation, it's why stuff happens in the markets. Remember, there is a HUGE distinction between action and reaction.
In this week's show, we dove into where people are looking for the cause after the effect happened or pointing at coincidences and looking for a correlation. It's all smoke and mirrors unless you have Rebel Traders show you how to cut through the BS and get to the facts…
3 Key Takeaways From This Show
- Use the data to determine the right direction
- Coincidence is not correlation
- Trust, but verifiy
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