So, Random Walk Theory is like telling a drunk person where to | Investitsiya_uz|NYSE Amerika fond birjasi

So, Random Walk Theory is like telling a drunk person where to put their feet before he is moved. It can be understood that a drunk person can step wherever he wants, and it is impossible to predict where he will step. This theory shows that it is not possible to analyze financial markets and make perfect forecasts. But human psychology tries to determine the sequence (patterns) of everything. In yesterday's examples all numbers could be right, but if you look at the sequence, you can say with high probability, the first one is 1088, the second one is yellow, and the third one is chart is gonna up. There is a famous saying in the financial markets:

"History does not repeat itself, but the behavior of people causes history to repeat itself"

In conclusion, this theory can be considered wrong on the one hand, and even with a high probability, you can correctly forecast the movement of assets, but that asset can change its movement in any direction any time.