Then why not trade against it? What I mean is.. Find a random indicator, test it out for a looong time, if you come to a conclusion that the indicator suck because it doesn't make you profitable, that's when you just do exactly the opposite of what your indicator tell you (signal). You should be profitable right?
Well, I've testing that theory in demo account.. and guess what, I still lose (my story below).
When I randomly select one indicator, I made myself a plan to trade with one indicator for a month.
My plan
=====
- 50 stop 50 take, in a EUR/USD market.
- Wait for the indicator to signal an opportunity to get in.
For one month, I was not successful.
So I decided to trade against my indicator signal with the same plan for a month. .. I was still not successful. So can anyone tell me what's wrong with this picture?
Well, I've testing that theory in demo account.. and guess what, I still lose (my story below).
When I randomly select one indicator, I made myself a plan to trade with one indicator for a month.
My plan
=====
- 50 stop 50 take, in a EUR/USD market.
- Wait for the indicator to signal an opportunity to get in.
For one month, I was not successful.
So I decided to trade against my indicator signal with the same plan for a month. .. I was still not successful. So can anyone tell me what's wrong with this picture?