As long as you place money in the bank trading does this matter if youre pursuing trading practice that is correct or not?

I'm asking because almost everyone I know loses the couple I know who do earn money don't make more than 80-100% pa which is not bad BUT its very very difficult. They also arent even sure they will be profitable another year.

On the other hand I've come across two people (they arnt with this forum) one started out with a $100 turned it into a little under $500k at a little more than 4 months another began with a couple thousand and turned it to well over a million $ at a little over a year.

Following a lot of probing I've discovered both of these two people arent everywhere as knowledgeable as the couple I know who make 80-100% that they arent even as knowledgeable as most of the traders I know who lose!!

But if the ending point is to invest in the bank trading they have beaten all of the know it alls by leaps and bounds.

I was quite surprised as to how the pull it off, when they dont understand what MACD is or what exactly the wolfwave is. I finally discovered both of them (and they dont understand each other) employ some kind of selective averaging down or martingale position sizing. Btw if you mention position they wont know what that means lol!

If this has made them cash would it be wise sticking to this clinic even though we understand its incorrect trading clinic?

After all isnt the base line putting cash in the bank if u do it by ESP or tarot or elliot wave or fourier analysis or anything even if u do it by averaging down and ppl who havent made everywhere as much cash as un authorised you.

Whats the response here should it be done if it works for you.

I read Livermore in his book he wrote never average down let that thought indelibly be written on your head and Ed Seykota states exactly the same thing.

On the other hand Peter Bain in his seminar says there aren't any rules in this game and nothing could assert with putting cash in the bank.

As I said these guys selectively average down and they have made money lots and lots of it even though they maybe going against conventional trading principles.

There are several other guys like FXtian and Mr Zaminab (dunno if they earn money or not but they claim to)

Does it matter? If u place cash in the bank trading does it matter how u do it?