Your comments about my system were very telling. Too me it is a mechanical system with a few judgement calls for support/resistance and very short term trends, but then it is my system so I understand it well. Others must feel the same that you do, so you must have a point. I tried to learn NERS but I felt the same about it that you described about my system. Others however used NERS very effectively.
I have studied several systems over the last several years and I never adopted any of them for various reasons. Mostly because I always felt there were rules being used that were not stated.
I have tried very hard for the past several weeks to announce what I was seeing before each trade. Then I came back and talked about each of the entries. It has generated zero discussion, so it is certainly a waste of my time. But I really don't post the comments for others, I do it for myself and to keep me honest. Once it is in print, it is hard to second guess on the decisions.
I don't know of anybody who posts their trades and then logs them the way I do. I think that what I do should be easy to follow if anyone is interested, but no one seems to be interested. Everyone wants to do there own system and I certainly shouldn't complain because that is exactly what I did.
I would suggest one thing that I haven't seen many people talk about. After failing at trading with a daily chart and initially struggling with even the 60min chart, I finally started to draw the short term (2-6 day) runs on a chart that I wanted to trade. Then I started coming up with different TA's that would track those trades. Even today, I continue to change things a bit when my system is not giving me the signals that I want. It's a back door approach, but I think it has great benefit. Don't let a system dictate how you trade, make the system (TA's) trade how you want to trade. I think this is a very key idea.
I really hesitated to write what I did yesterday, but when I see comments like "I don't see how anybody can make money in this market", it tells me that the system being used is not suited to the market.
Thanks for your candid comments and good trading.
Trade the Charts and not the Heart - Expect the trend to continue until it doesn't.
