A stupid system

T

TTT

Can this stupid system generate profits? Open the market First candle of the bullish spot index. Buy an action that rises strongly within a bullish context. It is a good idea?
 
TTT said:
Can this stupid system generate profits? Open the market First candle of the bullish spot index. Buy an action that rises strongly within a bullish context. It is a good idea?
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TTT,
I think it is a good idea. You buying when the candle is green and big. Makes sense to me.

The problem is 2 things:

1. Where to place stop loss
2. Where to place profit target.
 
The stop below the first 5-minute candle. The price is left running until it crosses the average of 20 in a 5-minute chart. What do you think? It is a good idea?
 
Indeed it is a stupid system.
You have named it appropriately.
You would achieve > 50% success rate.

Luckily you didn't label the market as stupid market.
Market is never stupid.
But many other things could be.
 
Last edited:
I do not think I'm stupid. You have to choose an appropriate action. I think there are much more stupid systems than this
 
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