I am not able to generate profit if any successful strategy, Indicator or tips you have, suggest to me.
If QQQ closes today at a price higher than it closed at 200 days ago, and QQQ closes today at a 10 day lowest closing price, get long at today's close. Exit position once QQQ closes at 6 day highest closing price.
You are not going to develop an robust trading system until you thoroughly understand price discovery and that only comes with many hours of unbiased observation. Markets change personality and if you don't understand how to make appropriate adjustments, performance will tank....even if you initially have something which "works".
There isn't a magic potion you can use to make profits. What works for one trader will be a consistent loser for another. But there are common assumptions made by new traders who never become winners and if these are avoided it would certainly reduce the probability of early or dramatic wipe-out. I'd suggest new traders and struggling traders should avoid - day-trading trading reversals trading without a stop-loss averaging down risking more than 2% of their account capital per trade
That article is from 2008. Their performance wasn't too spectacular after that. Liquidated fund in 2017.