Is trading easy?

[Master Pu]

If you don’t have a backtested trading system to have confidence in, then it doesn’t matter what you do, trade with trend or counter trend, you will consistently or finally go through most part or all of your trading capital.

 

[nooby_mcnoob]

If you don’t have a backtested trading system to have confidence in, then it doesn’t matter what you do, trade with trend or counter trend, you will consistently or finally go through most part or all of your trading capital.

How do you know

 

[Master Pu]

How do you know

You can try if you want to find out for yourself, using real money.

 

[nooby_mcnoob]

You can try if you want to find out for yourself, using real money.

That's not an answer. People have made millions dollar cost averaging without a back test they used logic. So what's your proof.

 

[Master Pu]

That's not an answer. People have made millions dollar cost averaging without a back test they used logic. So what's your proof.

I would agree when it comes to investing. Trading, no.

 

[nooby_mcnoob]

I would agree when it comes to investing. Trading, no.

Still Without proof or justification

 

[Master Pu]

Still Without proof or justification

Statistically around 80% of retail traders consistently lose money, why do you think that is?

 

[nooby_mcnoob]

Statistically around 80% of retail traders consistently lose money, why do you think that is?

They suck at trading. You still haven't justified your assertion that you need a back tested strategy.

 

[SunTrader]

Inexperienced
Under-capitalized
Too aggressive
Too timid

and numerous other reasons why retailers fail.

 

[Master Pu]

They suck at trading. You still haven't justified your assertion that you need a back tested strategy.

If you don’t backtest, then how do you know what you are doing? Hope?