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why is it so difficult to create a profitable system?
Hi,
Im new to forex and this thread. Im trying to create a profitable trading system.
This is what I think I have to do, what do you think?
1) Need a LAGGING indicator to tell me that a new trend has formed.
2) Need indicator to measure strength of trend.
3) Need a NON-lagging indicator to tell us that the current trend is ending and new one is forming. When this happens we exit.
So in effect we just take middle part of the trend.
Stop loss can be the nearest high/low.
Thats it right?
ALI.
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