The question to ponder is, is it conceiveable to trade with the following parameters and be profitable?
Imagine that there was absolutely no historical information whatsoever - it is the first tick, sec, min, hr of the beginning of the market.
Additionally, there is absolutely no news concerning any commodity, stock or any other traded instrument - just as though it were the initial conception, beginning of time.
1. Only 3 events can occur (up, flat or down),
2. Loses can be regulated, and
3. Your thinking must be free of pre-conceptulization.
Will be most happy to share my analysis and answer to this question once a few of you have ventured your responses.
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