I've been observing for the past week, not even backtesting because there is something else than just knowledge and experience. Trading for profit can be looked upon as if going to war - proper preparation is required knowledge-wise as well as mentally. I've been imbuing myself with wisdom from a mentor. Sinking the mentality in takes some time. Currently I'm reading The Art of War, by Sun Tzu - a book written 2500 years ago, that has impact on todays trading warfare, if you will.

One can't rely on analysis of the past only when trading. Unbiased ongoing analysis must be done with ongoing trade as well and that requires sharp mind, discipline and... bah, better read the Art of War ;)

The Art of War