more simple more porpular..
why do people share profitable systems? 87 replies
Systems, Systems and Systems... 1 reply
"Simple" systems posted on here 1 reply
DislikedVery good question. I think most people enter trading thinking that they can make money just by opening a trade whenever they see the green line cross the red line (of whatever indicator is currently in vogue). This is of course nonsense so the real question is why experienced traders start these 'simple system' threads that give false hope to newbies.Ignored
DislikedBecause human nature wants to make the most money in the shortest amount of time with the least possible effort. Why bother reading academic papers on market microstructure, or spend hours every day marking up charts or studying bank and economic reports, when your br0ker says you can become a millionaire by simply trading a moving average cross? If a profitable system is simple enough to be automated, mindset becomes a non-issue. Run an EA on a VPS and learn how to play golf.Ignored