You know I've got to hand it to some of those posters here.
Motorway/Waves and the likes.
Their in depth analysis is second to none---well none here.
But my question to the populace is as the topic says.
While someone like Frankie D's analysis looks complex it really is very simple once learnt.
So to is VSA.
Correct use of conventional T/A is also simplistic when applied.
Even the canned trading methodologies with Advanced Get for Elliott Wave enthusiasts (XTL with trend,Type one buys and sells.type 2 buys and sells) are all quick and easy.
The bottom line is finding a profitable trading method and to my mind one which can be adopted and traded with the least ambiguity.
We all have better things to do than spend countless hrs pouring over charts,frustrated at conflicting opinion and analysis.
Simplistic trading can and is being practiced.
So how much do people really think they need to know,to be profitable?
I pose the statement that its more to do with knowing what we DONT need to know than what we need to know!
How many suffer from analysis paralysis?
How many actually find that after a great deal of analysis they feel that they are really only GUESSING?
How many feel they are on this never ending journey to find a profitable way to trade without actually knowing what it is they are looking for---stumbling from one idea to the next.
Looking for that edge but not knowing what will give it to them---even worse not knowing how to apply ideas to give them that edge.
Is there only a handful of true isms which when applied correctly will ensure success?--OR are there countless ways to succeed in trading---all vastly different.
Is there a common thread with ALL forms of APPLICATION of analysis regardless of what that analysis is---technical and Fundamental?