How to understand the phrase "the simpler the trading system, the better"?
What is the degree of simplicity here? Or the simplicity here is not what I thought, just use a few indicators, so what do you think of this sentence?
Is trend following a false proposition?
Why don't you see trend followers among those who are making steady profits?Stanley Crowe disappeared, and Turtle founder Richard Dennis went into politics after a huge loss.If you want to make long-term stable profits, should you follow the trend, or should you accumulate small profits to make a tower?
What cognitive biases do we have to overcome?
Can retail investors make money by imitating the single-handling methods of large institutions?
I found that our retail investors like to fight against big institutions when doing transactions. Why is this? Since it is a large institution, it is generally profitable, so can we still make money by imitating their single-handling methods?Recently, I heard about an institutional order area strategy. As long as you have the ability to identify and discover the order area of an institution, by identifying the trading methods of banks and large institutions, you can follow their footsteps to make money. It sounds reasonable, do you think it is reliable?
In trading, how to solve the problem of being hit by the market back and forth with stop loss? What is the basis for the solution?
