The reason I dont use any indicators

Trading successfully is basically a Hybrid...of a hybrid...of a hybrid approach,
That's why it's so hard to just survive in all of the shit storms the market throws at you,
You have to be a Prophet to Profit.

It's easy to survive a month of trading...and brag about your methodologies.
Stretch this time frame month into a year...two years....five...ten...and the survival rate becomes Extremely rare and tiny.
...not much to brag about at this far end, extreme point -- the air is really thin here.

These debates and discussions about one way or another are all kind of meaningless.
That's like arguing why your favorite color is the best over someone else's, or why your favorite movie is the best.

Who cares. if you practice voodoo for trading. if you generate 100% every month.
Money. the bottom line. performance. speaks. -- everything else is just noise and nonsense and dumb entertainment and joker wildcards the market Gods throws at you for their own amusement,

Mazal tov, extraterrestrials

 

Hmmm, I thought with more experience and time in trading one becomes better.

But you saying the opposite?

 

In other words---they failed to observe Prudent Risk Management.

 

Over the long haul, yes.

 

Correct.

 

Next thread would be "The reason I don't have any edge"!

 

And folks that tell you that they do, do not tell you how to use them

 

My bad. I misread this. Positive expectancy is not attainable with random entries.

 

Those indicators are the equivalent of a grammar school kid scribbling over the teachers' work on the blackboard

 

NO...in other words they CONSISTENTLY PICKED DIRECTION POORLY, then lost confidence and therefore lost discipline. THEY HAD NO EDGE IN THE FIRST PLACE!