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Question about the profitability of prediction markets in general

If the wisdom of the crowd is more accurate than the individual and even is more accurate than the experts, then it would seem to be impossible for any individual to make money trading prediction markets over the long term. This can't be true because the money lost must be equal to the money gained. So someone has to make money. Sure some is lost to fees, especially in traditional betting markets where fees can often be 10% of winnings. But what if we assume very low fees?
My question is what does the distribution of profit look like? Perhaps it is that a few really great forcasters make almost all the money and most people lose, which would be similar to how forex works, or is the money just slushed around between participants semi-randomly?
Edit: Typos
submitted by FredrickFreeman to Augur [link] [comments]

Forex Weekly Forecast - 250 PIP MOVE! - YouTube Forex Forecasting Software 2020 - YouTube 15 Minute Forecasting Routine for Forex Traders - YouTube Weekly Forex Forecast 23rd - 27th March 2020 EUR/USD, Forex, Gold, BTC Analysis & Forecasting Jan - June ’20 Weekly FOREX Forecast: 24th – 28th Feb 2020  (2 WINNERS ...

Forex forecast . Forex Forecast, Foreign Exchange Rate Predictions with Prognosis Chart 2020-2021 Showing 1-100 of 4,152 items. Forecast Range Filter. From % To % Filter Reset / Default. Name FX Rate 7d Forecast 3m Forecast 1y Forecast 5y Forecast Forex Rate Graph (1y) EUR/USD (EURUSD) 1.17709: Join Now! -0.865025 % ... Forex forecasting Basic Forex forecast methods: Technical analysis and fundamental analysis This article provides insight into the two major methods of analysis used to forecast the behavior of the Forex market. Technical analysis and fundamental analysis differ greatly, but both can be useful forecast tools for the Forex trader. They have the same goal - to predict a price or movement. The ... The Forex Forecast is a currency sentiment tool that highlights our selected experts' near and medium term mood and calculates trends according to Friday's 15:00 GMT price. The #FXpoll is not to ... View forex and gold market outlook predictions and analysis for the week ahead - covering the major currencies. Introduction to the Forecasting Indicator. The Forecasting Indicator is, as the name suggests, a forex trading tool that tries to predict market moves in the nearest future. On the right side of your chart, you will notice the pinkish line that reflect the next price movement. Adjust your strategy and trades if it agrees with your technical analysis. Of course, it is not a crystal ball, so don ... What is Forex Forecasting? When entering the Forex market, it's better to come prepared - and that's where Forex forecasting comes into play. Forecasting in FX means predicting current and future market trends by utilising existing data and various facts. Being an analyst, one should rely on both fundamental and technical statistics in order to predict the directions of the economy, the stock ... Forex Forecasts today & tomorrow. In addition to trade ideas for tomorrow, any of the presented FOREX analysis can also be used at the moment. Presented analytic at today is not losing relevance at the time of publication. And even the next day, our reviews are still valid. Except near the critical level in the market penetration which may lead to the cancellation of options. Any of the ...

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Forex Weekly Forecast - 250 PIP MOVE! - YouTube

This weeks Weekly Forex Forecast and technical analysis covering 10 markets includes the following - Pairs and markets analysed this week: USD Index, Crude Oil, EURUSD, GBPUSD, USDJPY, AUDUSD ... Forex Weekly Forecast - 250 PIP MOVE! Join Our Trading Community SUBSCRIBE FOR WEEKLY VLOGS!... Forex Forecasting Software #forex #forecasting Weekly Forex Forecast for EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD, GOLD… You Can Check The Rest Of the Pairs Here: Top Forex Targets provides traders with high probability Buy & Sell areas each week as well as profit targets. Home of the popular Weekly Forex Forecast. Here is The LAST Episode episode in #TheTradingEssentials Series, hopefully you've enjoyed this series! We're just getting started! Resources Down Below 👇 --... Best offer in 2020: Long-term forcasting on the EUR/USD, GBP/USD, USD/JPY, EUR/JPY, GBP/JPY, USD/CAD, EUR/GBP, AUD/USD, USD/C...