I have read in various publications that trading (at least making a success of it) is more about money management and the mental part of trading, rather than which indicator you use or which system you follow.
I would like to know your thoughts on this? Are these guys then saying that one can pretty much make a success of this with ANY indicator...as long as you THINK / BELIEVE you will be successful at it?
Heck - to me this is a little silly...ignorant almost. As first have the indicator working well in back testing and THEN make it work....at least THEN let it make you money. What do you think?
I would like to know your thoughts on this? Are these guys then saying that one can pretty much make a success of this with ANY indicator...as long as you THINK / BELIEVE you will be successful at it?
Heck - to me this is a little silly...ignorant almost. As first have the indicator working well in back testing and THEN make it work....at least THEN let it make you money. What do you think?
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