here's the story:
The retail trader is taught a losing strategy from day one, he finds out that it doesn't work after backtesting... he looks somewhere else and all he finds is garbage.
he says, "I have to find it myself", but with basic programming skills all he can backtest are strategies based on MA's, which provide a relatively small edge.
he lacks funds, which causes stress, and his probabilities to succeed as a trader are practically 0.
he may learn programming and find something better but still with $3-5k he feels like he's wasting time.or he needs to trade very high risk which can lead to serious mistakes.
sad reality.
The retail trader is taught a losing strategy from day one, he finds out that it doesn't work after backtesting... he looks somewhere else and all he finds is garbage.
he says, "I have to find it myself", but with basic programming skills all he can backtest are strategies based on MA's, which provide a relatively small edge.
he lacks funds, which causes stress, and his probabilities to succeed as a trader are practically 0.
he may learn programming and find something better but still with $3-5k he feels like he's wasting time.or he needs to trade very high risk which can lead to serious mistakes.
sad reality.
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