These stereotypical strategies won't work anymore cause the traders are evolving with the help of technology so the opportunities are shrinking.
Evolving with the help of technology, I don't follow..elaborate!
And just so you know, today we have more people winning when it comes to the trading game as compared to a few years back were everyone relied on moving averages, trend lines and the alike...
The most easiest way is we can expect a green candle after a big red candle that is still preferred by many day traders and believing they can make money with this simple strategy. Well, it's true but not 100% accurate which means the remaining 20% plays a huge role so we need to be careful and build complex strategies to minimise the risks.
Trading the Green candle after a red candle and you say it's the preferred strategy by day traders in this day and age
![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
No ways mate, clearly this is gambling!!!
How many times are you going to get false signals before catching the real move based on this strategy? I guess several false signals and I would advice anyone doing this to stop immediately !!
Btw trading shouldn't be hard or complex, if you trade it in a mechanical way and a trade meets all requirements before placing that pending order then the art of trading is mastered!