What I have realized in the past weeks is that the market is truly random. It has been an epiphany. I dreamt about this at first. I was scared: what if the market is truly random? What if all the effort you put in can come unrewarded? I expounded on this idea and came up with the following: that the market is truly random. What this means is that there is no winning trading strategy. You might think, how is this possible? Well it is, because the way people make money is 100% by luck. The luck decides whether your strategy will be profitable for a few years, before the market changes. Each year there are different strategies that work, because of luck. You might think then how did Buffet made his money? Pure luck! He is an outlier of statistics. Just like the 1% out of traders who are consistently profitable, they are profitable by luck! It is only by chance their strategies seem to work. :eek: Now, is it possible to put luck in your favor? YES IT IS. By testing out alot of different strategies you can come up with one that seems to work. It is your job to exploit it until your luck changes. However finding strategies that work is mostly dependent on luck. You might dabble with price action strategies, and find out they don't work this year, though they might be the best strategy around in the long run. Trading is more about luck than hard work It is not a meritocracy that people think it is. Most people ignore this cold hard fact. This is the hard and pure truth i have finally uncovered about the markets. See what you will do about it. I can only give you the tools but you have to do the fishing yourself.