So you trade base on your gut feeling? It can be profitable for a while because of luck. But eventually the law of large numbers is gonna introduce itself
I didn't say that.
I read charts and all that, just like anyone can. But as far as doing everything any mentor will tell you, no. I have my own system, and it has done me very well. And it is not a set system it is a system that has no rules or boundries.
If there's no rules how can it be different than trading randomly?
Because there is a huge difference. And that's what seperates someone from being a loser or being a winner.
Ok, give me at least one small example how it can be different? If you don't have a system i cannot see how can it be any different than random. Or probably your understanding of term "system" is different than mine
Well it's different because it's a system like no other. There is a big difference between following rules and not following rules. And sometimes you must break your boundries to acheive better results. It's about commitment, it's about determination, it's about being the best trader that doesn't abide by the rules set by any other mentor.
Excuse me but who are you again? You talk like you are warren buffet or something. Like your system is supreme over everyone else's. What kind of equity curve do you have? And who are you to tell me my system is no good when you haven't even traded with it? See with that kind of attitude I can tell that you are an unsuccessful trader.Based on this post it feels like sometimes in the future you are gonna have a huge loss that's gonna wipe out your account. Keep in mind I based my assumption just on the post, i don't have a full picture. You romanticize trading arguing that commitment and determination can make a difference like it's some kind of art. Well, unfortunately that is not true. You cannot make money trading just because you are really committed to it, unless you have an edge/system.
Excuse me but who are you again? You talk like you are warren buffet or something. Like your system is supreme over everyone else's. What kind of equity curve do you have? And who are you to tell me my system is no good when you haven't even traded with it? See with that kind of attitude I can tell that you are an unsuccessful trader.
I'm starting to get really fed up with the moral of this forum. People talking like they are some kind of magical trader that knows everything.
I found this strategy at collective2 https://collective2.com/details/138157145. It looks like the guy found the holy grail. He has an almost impeccable record. Or maybe he got very lucky.
At the same time, it looks like he is using a type of reversal strategy plus he averages down, which allows him to have that high precision. However, there is a big chance that he might have a very big loss in the future that will annihilate all his previous income.
Anyway, at this point, his results look very interesting.