Master Pu, Risk management or money management is just an excuse for not knowing how to make money in trading and not having a trading edge(s). Period. That is just an excuse to keep traders running in circles and take their time and energy. And keep people talking. Risk Management and Money Management is completely bullshit. Noone is dumb, we all know what we risking.
Can you not devise an 'edge' by following a trend using risk management? Wow, Ok. Maybe choose a longer term then. KISS works absolutely fine position trading, for very short term holding times most likely you need more of an edge, I won't argue with that.
What do you want to see? Examples of someone using price action. Look no further than the YouTube "Chat with Traders". I could show you my trading record but you wouldn't believe me.
I find that anti-chartists are a similar breed to ex-smokers, when they smoked you couldn't say anything against smoking, once they quit they become a total nuisance telling everyone off for smoking LOL
I'll give you that one but not all can quit or want to. If majority were to find an optimal way to trade then it won't last long.
Russell near historic support levels. You make the choice whether to go long or sell below, risk management takes care of the rest. BTW don't jump at presence of moving averages, I only have them for weekly charts.
No. Risk management will only make you bleed out slower, i.e., if you bet $10 you can play 10 times longer than if you bet $100. But in the end you will still lose if you don't have an edge (positive expectancy) and/or sufficient market understanding.