The more complex the less reliable | Forex Factory

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The more complex the less reliable

  • #1
  • First Post: Edited 1:10am Jan 31, 2010 12:41am | Edited 1:10am
Is it true that the more complex a trading strategy is the less reliable it becomes since less people are using it? Can I assume that the most reliable trading strategy is S and R trading, only the static horizental lines. Since it is the most widely used method, the other ones get less and less audiance.
  • #2
  • Jan 31, 2010 12:55am Jan 31, 2010 12:55am
Quoting efiler
Is it true that the more complex a trading strategy is the less reliable it becomes since less people are using it?
I don't know about that, but the more complex it is the harder it is for you to follow it.
  • #3
  • Jan 31, 2010 5:36am Jan 31, 2010 5:36am
Yes the more complex the system is, the more confusion it creates.
  • #4
  • Last Post: Jan 31, 2010 5:38pm Jan 31, 2010 5:38pm
Quoting efiler
Is it true that the more complex a trading strategy is the less reliable it becomes since less people are using it? Can I assume that the most reliable trading strategy is S and R trading, only the static horizental lines. Since it is the most widely used method, the other ones get less and less audiance.
According to the some of the best traders here, what you are saying is right. The horizontal lines are less powerful than the rising support and falling resistance lines
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