charts ,ta are not really predictive,entering at support or resistance or holding to target are useless without good money management but entering at resistance tops or support bottoms and holding to target has been, is more profitable than entering randomly at any point on a chart and getting in/out on a whim,TA s just a tool that makes a slightly informed decision slightly more informed
They are definitely random because a price only TA trader, in fact nearly every trader, lacks INFORMATION. So what may seem non random to you, is actually random in reality as you can not be privy to all the market moving information at the time of entry-- therefore, facts are, you are entering a random environment regardless of whatever constructs you create around that environment. The price driver system, although it is not privy to all information at the time, takes into account dozens of addition imputs other than price in an attempt to create edge via information at the time of entry. It's more powerful than TA by an order of magnitude,as it anticipates rather than follows.
Learn how to speak English first. Your posts are pain in the ass to read. For Christ's sake. Or talk to Jackass Hershey...
It wasn't quite the answer to my question, which is: do you consider trading this way to be unprofitable or profitable activity in the long run? If you allow, would you please also add, how many trades would you consider "the long run".
sound extremely negative like a former poster that used the blotto handle,like the miserable dog that barks and goes into attack mode every time you pass his fence,what are you protecting
Yea, people better be more tolerant to English level of us, for whom it's the second language, doubt many of ET'ers would write in Russian for example at least as well.
You don't have to take every trade from a winning system. You can flip a coin and just take the ones which turn up heads and you will still have a winning system. [Sorry, I'm still 24 characters over the 140 character limit you Twitter generation dumb-asses need to retain a single thought.]
i can understand the disdain for a lot of the fodder on the net,but when the dog barks and it's offensive, we excuse him because of his lower intellect,people on the other hand ...