All trading systems work.

All trading systems work. Period. Many traders here act like middle school bullies who simply want to ridicule anything they don’t know.

I’ll share my experience here especially for beginners.

I am from India. I’m a full time consistently profitable intraday options trader. When I started, I used to watch YouTube videos and thought some divergence indicator is everything I needed to know. Then i saw no-nonsense forex and thought indicators are magic.

Then later when I was serious about trading I started reading books. I read indicator books, candle sticks books, price action books, options trading books, VSA books, support resistance books, trendline trading books, volume profile, orderflow/footprint books, wyckoff books etc. I watched Steve nison course, secrets of pivot boss course, open interest analysis courses, price action courses, SMC courses like phantom fx, ment fx, vertex fx etc. I wrote notes, spent most of my days on charts. I used to be a programmer, so I coded nondirectional options strategies like straddle rollover too.

I couldn’t take loss gracefully. I wanted to have a great winrate and RR. So i started learning the next topic I hear. I made myself another victim of course hopping and bad trading psychology, but i don’t regret that now. It took me about 1.5 years of non stop learning.

Then one day it dawned on me that everything works if i knew where to apply it. I started with each system separately and found where my system would work and where it’ll fail and what happens when it fails. For a pattern example, a raising wedge pattern breakout will fail to widen a strong bull channel to a weak bull channel. For indicator example, you need to know at what kinda volatility your indicator works and fails. For SMC example, you’ll need to analyse the strength of the move back to your orderblock. For volume example, you need to know that there could be one more push from your climaxes.

Once I knew where my systems would fail, everything magically started working. In my peak, I used to use 10+ systems. Now I use 4-5 systems for confluence.

Now I’m at a stage where I know all systems, even all lagging indicators will work if we know where to apply it. And every trading system will work in a trend.

Beginners and non consistent traders, try to analyse where your Trading system fails and don’t trade them. Where your system works, trade with proper risk to reward. It is this difference that makes all different types of traders make money from financial markets.

PS: I watched one index chart Nifty50 religiously till I was consistent. As chartist, I learnt not to look at news and have a bias. I dint lose much during my learning journey because I decided to trade big only after I’m consistently profitable.