Everyone will say bullshit no doubt and i tell you i'm not about prove anything to anyone but a systematic approach using TA can generate trade success rates well north of 70% with a baseline R1 with room for more R on the fat pitch setups , runs of 10 consec winning trades happen with minimal relative consec losses . Using the 4 measurable tangible variables of price action a way of identifying recurring patterns is more than possible ... trend volatility range momentum with an entry signal setup is the closest thing to a holy grail you will find . Using dynamic SL and position sizing with a variation of kelly criterion you can get a smooth fast curve .. it is possible , no-one said its easy though , everyone of my trades will stand of to a 1R with stop loss same as tgt as %age and bat at .75 , you need rules with flexible dynamic intuitive inputs , a thinking system that is binary . Static systems will never stand the test of time , you need to code price action within a dynamic market condition , takes IQ and tenacity with the ability to think outside the generally useless generic trading world . My take on this is the less people that can do this the better , throw your macd rsi stoch MAx indicators in bin for they are not the path .... good luck to all ps forget anything with low % success rates with overly ambitious R , the way to a fast smooth curve is high baseline % with all work on improving R , drawdown is the enemy and low % is the pathway to high drawdown , high drawdown = low position sizing which inturn = pathetic curve . Mediocre in = crap out ..... good luck , the answer is not on ET ;-)
