subject: Stock Market Astrology: your way to become a millionaire! [print this page] Stock Market Astrology: your way to become a millionaire!
"Astrology can aid in the process of attaining vast profits in the stock market."
Could this statement be true?
Whatever your opinion is about the realm of financial astrology, one fact is undeniable: There is a plethora of information and products available related to this subject despite that the majority of economists regard it as a sham. Let's dig deeper into what financial astrology exactly is to observe whether or not this is an incorrect statement.
What is financial astrology?
Financial astrology is a school of economic thought outside of mainstream. It is also known as astro-economics, economic astrology and business astrology. The majority of economists don't acknowledge the science behind this notion. This is also the reason that most people have never heard of utilizing astrology to relate and predict events in financial markets.
Just as other economists, financial astrologers can be categorized in many different branches. This is dependent on the method they use to interpret astronomical data. The sciences of astronomy, geometry, and (ancient) mathematics are few of the many variables that financial astrologers can utilize.
The astronomical data used to predict the stock market varies; this is also true for the way it can be applied. Below are common instances where the aid of astrology can be used:
- Determining the most profitable date and time to buy or sell a stock or asset
- Associating the movement of the stock market to an astrological characteristic
- Tracking the influence on human behavior
- Finding a profitable industry for investors during a certain period
- Forecasting economic trend cycles to the cycles of certain planets
Astrology and the stock market
Although astrology is often used to make decisions about the stock market (particularly in Asian countries such as China and India) and there have been successful investors who utilized it, the scientific proof of financial astrology's effectiveness doesn't exist. This is contrary to many other types of financial analysts who may offer scientific proof of their predictions.
A geopolitical analyst could illustrate world maps from the past few decades and demonstrate how strategic geopolitical progress influences the stock market. A technical analyst could prove his theory about price movements by price/volume charts and certain effects of emotions as fear and greed. A fundamental analyst could prove his hypothesis by showing business performance and cash flow patterns over a specific timeframe and their influence on the stock market.
The rationale behind why there are or have been successful financial astrologers could be attributed to one of the following reasons:
- Utilizing their analysis of other non-astrological market factors simultaneously with their astrological methods
- Being exceptional lucky in their predictions since the trend prediction of an investment is roughly 33% at a specific moment (it can go up, down or stagnate)
Can financial astrology help me attain large profits in the stock market?
It is doubtful that you will be able to make better investments with the help of astrology. Interpretation of astrological data is often skewed and thus not useful to compare with the market history.
Financial astrology should be approached cautiously since there is no scientific proof available to verify this method of market predictions. My recommendation would be to research or look for analysis methods which have logical methods to back them up.
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