TransparentTrader wrote: Tue Oct 25, 2022 8:41 am
At some point I'm eventually going to have to crunch the numbers. I'll have to look carefully and what I've gained, what I've lost, and why I gained/lost what I did in order to evaluate my trading and see where I can improve.
You're not doing anything wrong. It's very good to question things. Critical thinking is an important skill for any trader.
(That said, a critical thinker would at least backtest what he is being told and shown
)
While I'm here: XARD and Beatlemania do better with trading because they've gathered knowledge and built instincts that are not in the MT4 template. (Though, the systems work, even if you have less experience.)
Beatle's language ((talks about liquidity/stop runs/smart money/timing/structure)) is a big clue about his understanding of price + time. And that there's much more to his process than just following the dots and colours.
Most here do not want to put in a solid couple of months to learn the real stuff. They'd much rather try to shortcut the whole thing by adding more indicators (supposedly "filters"), or wait another month for the next update. So they can trade the 5 minute chart with expert precision.