MightyOne wrote: "They lose because everything they do doesn't work in the long run" -TRO
So they lose because they do not know how to respond to change?
Everything works and everything doesn't
No, I don't think it is about responding to change.
Price goes up or down.
If you only trade one direction and limit your loss in the other then the outcomes are:
1) you lose X pips
2) you stand to gain the average of ( high - open ) on average which is more than X pips.
3) you never get an entry
There is no analysis, thinking or guessing. Price has to go up 5 pips from the open or you do not trade. If that happens, then you buy. If price drops 8 pips from your entry, then you lose. Otherwise, you are in the position to profit from the move.
If you "get lucky", you may get a 50+ pip winning trade.
The hardest part is QUITTING WHILE YOU'RE AHEAD!
Almost as hard is clearing your mind of the nonsense that it has learned regarding trading.
The chart shown is "cruel". If there was a possible way to lose, the trade is shown as a loss.
One thing to remember, "go fishing when the fish are biting."