unluckycamel wrote:
However, have you backtested any of these ideas? If not isn't this called crapshooting? Is there ANY scientific evidence you can show?
I would like to comment here if I may;
Quite often scientific evidence does not say anything. Also backtesting
results can vary, it all depends on your experience with trading in general
and how YOU see price movements. Psychology is an important part in this game. Can and will you pull that trigger ??
Will you use excellent moneymanagement techniques ?? etc etc.
I think TRO did an excellent job by combining different techniques here, and this is the result. This is not a holy grail system (as I said before), you must have the skills to trade profitably with this one. Same thing goes for trading purely the BuyZone. I have to say that I traded his buyzone and was already making money during the very first trade. I did not need scientific evidence crap. I just started sitting behind that screen, started trading, developed my skills even more (by training my eyes), and started making even more money after that. So, if you start second guessing then you will end up with the 98%. They all search for that holy grail, they want a 100% perfect system. Its not there, sorry, only with your own effort and hard work you will make money hopefully.