Actually you'll be very profitable in the long run, once you put together the other piece(s) of the puzzle, like money management. Hell, you'll even be profitable even if you don't have the best money management. The problem with trading like this is, as has been previously stated, it's a KISS system and most guys who think they are smart love to outwit (or try to) the market. This I admit, is mainly a matter of ego gratification, which is fleeting at best. (Obviously) I've tried the opposite as well, and while I like the concept of being able to catch every turn, overtime, it's the trend followers on every level (intra-day, overnight), trading every financial instrument and/or commodity, who are going to generate the real wealth. *** Thanks for your thread, I just got reminded of the obvious. Good trading, Jimmy Jam
If you backtest over any considerable length of time, such as a few years, then you will find this to be untrue. -Raystonn
"If your noodles get boiled once too many times, soon you will be eating Ramen." Get the chicken, the shrimp tastes like poo!
No. If you backtest over any considerable length of time, such as a few years, then you will find this to be untrue. I find that it works perfectly for me. Oh, right, you know what I'm using, right? Wrong. Good trading, Jimmy Jam
Absolutely. They also make good oil. It's not a coincidence if it's more expensive. I'm getting hungry