I just happened to come across this thread, which is quite old but which interests me. Perhaps the fact that this thread seems to have died is indicative of the lack of consistent success in the following years since 2007.
The sample chart featured shows a 5/8 crossover right after a top was made, as if the trader had a "sure-fire" way to determine when and where that top occurs. I can become an instant millionaire, in theory, if I go back over historical charts and pick all the crossovers that happen after a top or bottom have formed. But,...Ignored
There are many successful systems but most will not and do not have what it takes to be traders, they jump from system to system in search of something that will never happen.... a system that never has a drawdown or multiple losses in a row.
The key to trading is Discipline, Consistency, and Risk Management...... You don't always have to be right but your wins have to be bigger than your losses.
system with a 40% win rate can be extremely profitable, but you have to be able to go through the losing periods.
Here is an hour long video that I think you will find well worth watching....... What Makes a Successful Trader.
Happy trading, hope you have a profitable new year.