Isnât the decision to enter a trade nothing more than a guess? Guess: To predict (a result or an event) without sufficient information. No matter if youâre using an automated fancy system, 10 monitors, your gut, the moon, technical analysis, fundamental analysis, breakouts, support/resistance, Fibonacci levels, trendlines, Bollinger bands, oscillators, the moonâ¦â¦â¦â¦.everybody is just guessing arenât they? Some genius from MIT can spend 10 years developing some extremely complex system at a cost of a million dollars, & it would still probably do no better than some guy with a high school diploma who Has 20 years of experience & the ability to make calm, logical âguessesâ. It reminds me of sports betting. Even the sportscasters on tv who should know way more than anyone else canât even predict half the games right each week. You would think they could, but like the markets, there are so many variables you just donât know. It seems like the keys in trading have more to do with experience, risk control, bet size, having a strong mind, etc. As far as entering a trade everyone, from the little guy to the multi-million dollar corporation, seem to have about the same winning %âs when successfulâ¦â¦â¦.because for everybody itâs the sameâ¦â¦â¦.itâs just a Guess !