My opinion, some traders are just totally going down the wrong road when it comes to the methods they use and you can't know what you don't know.
An example, they are trying to build a car using lumber.
It's been said hundreds of times, it takes years to become profitable.
For those struggling, you need to keep writing notes to yourself and re-writing until slowly you know what works for you.
Hard work, perseverance and luck plays a part.
For many years I traded using indicators, in actual fact created/coded many of my own indicators.
I wrote huge algos.
One day I experimented with a very simple idea and it didn't work.
Some weeks later I revisited the idea because of a niggling thought.
Then I went cold turkey live and traded it because due to complications, it can't be backtested.
I lost a shit load of money!
12 months later, convinced this idea had merit I continued to trade it, still losing money, but making ground.
I'm still trading this method now, it is completely opposite to all my prior trading ideas, my trading was turned upside down but the results are very good finally, very comfortable trading, the results at times spectacular, but its a dangerous algo because if you don't know what you're doing will lose you a shit load of money.
Ie, it has a bias toward penny stocks and this area is thin ice.
Bottom line, keep trying new ideas.
