Guessing ---> Forecasting ---> Knowing

What is guessing? it is to estimate or suppose (something) without sufficient information to be sure of being correct.

Forecasting is advanced stage of guessing where we estimate that a specified thing will happen in the future or will be a consequence of something or condition occurred in the past or an event that is happening now.

Knowing is the ultimate stage that we as traders want to be. It is basically being aware that something is going to happen now or in the future based observations, inquiry, or information. This stage is far advanced trading stage that very small percentage of successful traders are enjoying it and we want to be there.