The point was an extension on this comment... https://www.elitetrader.com/et/thre...ll-not-profitable.315024/page-22#post-4709865
take it from someone who has 10 years experience like your 4.....i turned profitable only when i started using my own brains and figuring things out by myself. if you do not have time to think and do it then better leave trading
Buy and hold is absolutely appropriate for most people. Any suggestion otherwise is just hubris. The boggleheads do just fine. It never ceases to amaze me when people think their way is the only way.
Yep, the time will come, most 'investors' will be so jacked off with the continual market dipping they will decide, "no more..." then they'll buy & hold into the face of the biggest recession which will see them into the poor house for many a year to come.
i am realising that if you are trading discretionary you cannot trade without a plan. i am thinking of using structural pivots to trade,to enter and exit and to place stops. have to look into it a bit but it seems to have possibilities and makes technical sense to me