Its got nothing to do with profit. Its about herd behaviour, fibonacci ratios, the fabric of life itself. Even the fact that some people think its bullsheet and some don't is inherently why it works. It can be applied to anything with herd mentality, indexes, forex, herds of animals lol. None of them have a history of profit either. Doesn't always apply, but when it does, it can be quite incredible.
GXY Price at posting:
$3.38 Sentiment: Buy Disclosure: Held