Trade Predictions — Quality & Quantity

When it comes to trading predictions everyone seems to have one. Whether you are a die-hard-hodl’r or a strategic and experienced trader we all can weigh in on what we think might happen in the market at any given time. But how do we delineate between those predictions that are best and those that are worst?

The problem with market predictions is that there is rarely any consequence for those who make incorrect predictions, after all, why should someone be held accountable for making the best guess? While we don’t expect every trade prediction we see to be correct 100% of the time, we can’t tell how many trade predictions are from trustworthy sources, or what information was used for insight into those predictions.

It’s incredibly simple to look at a tradeable asset, pick any reason why the price would increase or decrease, and put that information out into the world for others to see. Since there are no repercussions for broadcasting such predictions, the value of information is a complete unknown. Predictions then are a dime a dozen, and often low quality.

With Hedge, we wanted to raise the level of quality in trading predictions as much as possible by holding the forecasters accountable for their predictions. We wanted individuals who are seeing these predictions to know who is making them, why they are making them, and how they can learn from these predictions.

If trade predictions come from traders who have skin in the game, who are invested in their predictions and stand by their word, a level of trust is established. Accountability enters into the equation as trade predictions naturally become higher quality. Having a roster of ranked and verifiable traders, along with proven track records, builds a platform for the best possible trading information.

By having expert traders provide the best information they can, novice traders can enter into their practice through the Hedge platform using the HEDG token, getting a chance to access the mind of an expert and receive worthwhile trading predictions through our “Blueprints”.

Hedge also helps remedy the sting of following bad trading predictions by incentivizing expert traders to deliver top quality forecasting in the Blueprints they create. In the event these predictions happen to be incorrect, no problem, users of Hedge who purchased this trade prediction Blueprint get their HEDG tokens back.

Not paying for other people’s mistakes is a principle that makes perfect sense to just about anyone, yet in trading, it’s something we just don’t see. WIth Hedge, that changes. Learning to trade is no longer a risk-it-all scenario but an opportunity to learn, grow and build confidence on a platform that lets everyone win.

Check out hedgetrading.io to find out more about Hedge!