Is it possible to be a lazy , set and forget trader?

DevBru said:
My stock strategy has been running simulated for close to 3 years now and live for 18 months (small size) and i have been achieving a 70% success rate with an average risk:reward of around 1:1,6.
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As long as you satisfied with the results scale up
 
zdreg said:
I suggest you read up on random walk theory. you are wasting your time.
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If market is completely random walk, the price distributions should strictly be Gaussian which they are not. Yes it is almost Gaussian but not quite, there are fat tails lurking everywhere and we just have to catch the tails. :finger:
 
ironchef said:
If market is completely random walk, the price distributions should strictly be Gaussian which they are not. Yes it is almost Gaussian but not quite, there are fat tails lurking everywhere and we just have to catch the tails. :finger:
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Tails has a double meaning if you know it.:D
 
vortextrader said:
Scenario, new trading day begin , spend 1-2 hour on 1 or 2 chart for analysis and then place pending order , set 1:1 RR TP and SL and completely forget about it, Check the result next day.

Market order and monitoring is not allowed because we are trying to be lazy, set and forget trader.

Strategies
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- Swing High/Low breakout
- Other major support/resistance breakout
- Buy/Sell limit in trending situation
- Swing high/swing low reversal (using buy/sell limit)
- Other support/resistance reversal

Any other ideas?
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I only do set it and forget it. It’s when I putz with the set up that I mess it up. Setting it up and leaving it alone works better for me.
 
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