Can this stupid system generate profits? Open the market First candle of the bullish spot index. Buy an action that rises strongly within a bullish context. It is a good idea?
TTT, I think it is a good idea. You buying when the candle is green and big. Makes sense to me. The problem is 2 things: 1. Where to place stop loss 2. Where to place profit target.
The stop below the first 5-minute candle. The price is left running until it crosses the average of 20 in a 5-minute chart. What do you think? It is a good idea?
Indeed it is a stupid system. You have named it appropriately. You would achieve > 50% success rate. Luckily you didn't label the market as stupid market. Market is never stupid. But many other things could be.
I do not think I'm stupid. You have to choose an appropriate action. I think there are much more stupid systems than this