I'm not sure whether I'm going to be nitpicking or whether, indeed, you meant what I understood, but I think it is not proper to oppose "simple things" (which you seem to relate to simple MA crossovers) to "risk management", "market selection" and "volume action".billpritjr wrote:There are other things such as risk management, market selection, volume action, but sometimes simple is better in the markets.
Those concepts are "orthogonal" to each other in that excellent money magament is not going save a simple system that systematically enters counter-trend, or good market selection is not going to save a system that over trades because of poor money management, ...
A good trading system is made of good entries and good exits and good portfolio selection and good money management. If anyone of these dimensions is sub-par the resulting system will be a poor system, no matter how excellent or simple any of the other components grades on your preferred scale.