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MarketForecastor Frequently Asked Questions 1) What is so special about ForexPredictor/Marketforecastor? To the best of our knowledge, the ForexPredictor/Marketforecastor (FP-MF) offer is quite unique as it combines qualitative and quantitative analytics to provide a clear daily (and weekly) prediction of the EUR/USD, DJIA and oil price. If you had to use a metaphor to describe FP-MF, it would probably be bionic or robotic assistant that makes better, objective decisions using the large volume of market data that is available. At last you have a service that takes human, subjective market assessment and turns it into the best possible prediction. The strength of the system lies in the unique analytical model. 2) Is it really possible to predict the future in finance? Of course we cannot predict the future 100% of the time (if this were the case, we would be sitting on our yacht in the Bahamas), but prediction is the foundation of good trading decision-making. What we all seek is an incremental improvement in our predictive ability - we want to predict correctly more often! FP-MF attacks the predictive issue head-on and does not hide behind vague opinions and fence-sitting statements (such as: "the market has been extraordinarily volatile lately" or "EUR/USD falls close to final short-term support as every day seems to bring a change of direction for currencies"). Clear prediction is a challenge to all the discourse and "blah-blah" of financial experts! 3) What is your opinion regarding technical analysis vs your type of analysis? Technical analysis is a predictive tool and can be used in conjunction with FP-MF. 4) Do you have any comparative data between you and your competitors? While there are a lot of companies that offer some or other predictive service (especially for Forex trading), it is almost impossible to find published results that are not based on back-testing. FP-MF is 100% transparent, does not use back-testing and we publish our precise performance on the web (www.marketforecastor.com/performance.html). We challenge all other parties that offer predictive services to do the same! Our conservative analysis is that FP-MF performs as well as and probably better than technical analysis services that offer multiple daily trading signals (FP-MF only provides one prediction per day - this is a lot easier to use). FP-MF outperforms pure neural network based services. 5) Come on, tell me the real results? It is impossible for FP-MF to manipulate our results as we provide a forward prediction that is published and circulated before the markets open. Our results are emailed daily to our subscribers and published weekly on www.marketforecastor.com/performance.html for everyone to see. We believe that our system is designed to ensure that our results will get better and better with time due to the way that our system is designed. 6) If you are so good, why are you selling your predictions and not simply using them yourselves to make money? And why don't you have have millions of subscribers already? FP-MF is not a miracle solution, but we are 100% certain that it is better than most (if not all) predictive services that are available on the financial markets today. What is on offer is an incremental improvement, which is extremely important, especially in the light of the mediocre to bad performance of most traders (including professionals). If FP-MF constantly performs 5% better than other services, this amounts to a huge benefit for an experienced trader on the financial markets. The first clear benefit of FP-MF is that our subscribers have not lost during the first few months of operations (in fact, they have actually done very well). We make no outrageous claims, we simply want more people to join us in this exciting and profitable collaboration. Our subscription charges are ridiculously low and this reflects the fact that we still need more time to develop a track record of profitable prediction.
The FP-MF subscriber base is indeed growing. We
feel that our greatest problem is the fact that we are offering a
paradigm shift in financial prediction and that objective, numerical
prediction (without all the fancy decorations of silly commentary
and post-hoc justifications) is seen as different and generates a
lot of suspicion. Also, financial prediction is an area that
attracts crooks and scammers which makes it all the more difficult
for a legitimate, science-based prediction service.
Yes, the FP-MF team does indeed trade using the
forecast results. But our core business is the provision of
predictive analytics services.
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How MarketForecastor Works MarketForecastor uses a robust, tested analytical platform based on proprietary qualitative analytics and neural networks for expert forecasting.
Free trial - Receive the daily MarketForecastor prediction email for 1 month free of charge. Send an email to info@marketforecastor.com.
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