That's fundamental analysis. This was supposed to be to find out if technical analysis is even possible. Do you have good enough results to definitively say that you know what you're doing? The fact is, even the "best" economists in the world can look at the same data and have differing opinions. That's why not all the FOMC members agree with each other all the time, for example.
If you weight for the difference between profit and loss per trade. If you place take-profit at 3x the distance of the stop-loss, then you are 3x less likely to hit it. If it were random that is.
I would assume he's comfortable, but not like anyone is chasing him around for his opinion and trading off it.
I think the best strategy to start trading is Bollinger Bands Breakout. It is not difficult and demonstrates not bad results.