There is only ONE way to make money ! And that is to CORRECTLY
PREDICT THE FUTURE outcome of your investment or your
er… trade . That is not debatable.
The degree to which you are accurate in predicting future
outcomes, whether by some systematic analysis, or by
“using a crystal ball”, the more consistently you will be
profitable.
There are many possible approaches. Guessing is one of
them, but it doesn’t work. A stopped clock AM/PM time is
correct TWICE a day, but that doesn’t help you know the time ! 
Generalizing about this market versus that market and saying
that Price Action works the same way, or is driven by the same
predictors, is nonsense. TRADERS who are successful, must
become SPECIALISTS in some method, and that method must
be able, successfully, and consistently, to predict future price.
Most of what I’m saying is non-controversial, since it is just true
by definition; and the rest of it is based on my (hope) that analytics
will be predictive (and not just descriptive of what just happened).
Trading is NOT gambling, or it shouldn’t be. To the degree that you
can put the odds in your favor, by whatever method, the better your
percentage of positive outcomes will be, just looking at it with a
statistical frame of mind.
nOBODY, including me, has perfect predictors, but saying “The simpler
the better” is no way to be successful at trading, IN MY VIEW. Yes,
simplicity is great, and maybe you can meditate on Price Action which
thereby yields a predictive urge, act on that urge, and WIN somehow,
and maybe you don’t even know what you are doing, but you are
Winning, so you must be doing something right !! But unless you can
explain to us, and to yourself, the general principles you are using, then
I find that unsatisfactory. NO OFFENSE, just IMHO (my opinion).
I want to act from “scientific” or at least “systematic” principles, so
I require the ability to explain (to myself at least) how I’m making
predictions. It helps to distinguish between “lucky guessing” and
a “trading method” which may be successful.
[EDIT] By the way, my ongoing research into a TIME MACHINE
with a CRYSTAL BALL
which let’s me peek 1-10 minutes into the future; is ongoing research
hyperscalper
