A stupid system

Discussion in 'Trading' started by TTT, Aug 1, 2018.

  1. TTT

    TTT

    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?
     
    SimpleMeLike likes this.
  2. dozu888

    dozu888

    not sure if it's a good idea... but I am sure you are lazy :)
     
    murray t turtle, zdreg and MarkBrown like this.
  3. LOL!
     
  4. TTT

    TTT

    And why do not you get into the thread, a very complicated system?
     
  5. 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.
     
    Lou Friedman and Dervin613 like this.
  6. TTT

    TTT

    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?
     
    SimpleMeLike likes this.
  7. maxinger

    maxinger

    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.
     
    Last edited: Aug 2, 2018
  8. TTT

    TTT

    I do not think I'm stupid. You have to choose an appropriate action. I think there are much more stupid systems than this
     
  9. TTT

    TTT

    Risking a candle, hitting 50% of the time is enough.
     
  10. TTT

    TTT

    Ideas to improve this stupid system?
     
    #10     Aug 2, 2018
    murray t turtle likes this.