For some people, the answer is yes, but not all. Finding a good setup is not the only factor that determines trading profitability.
Trading Is a Business, Not a Lottery
Trading is often misunderstood as a quick way to make a lot of money. It is, in fact, one of the most demanding performance-based occupations worldwide. Profitability, like in any business, is contingent upon:
The management of risk
Keeping expenses under control (slippage, commissions, and psychological exhaustion) - Preserving procedure under duress
To manage edge over time is your goal, not to win every deal.
Why Most Traders Don't Make Money
Most retail traders lose, according to statistics. However, this isn't because the market is manipulated; rather, most people
Lack of a clear trading strategy and excessive risk on early deals
Trade without organization and with emotion
Don't examine or improve their procedure.
Staying in the game long enough for your advantage to materialize is more important for profitability than being correct most of the time.
What Makes a Trader Profitable
One trait unites traders who succeed over the long haul: consistency in execution. This comprises:
Trading according to a predetermined system; controlling risk in each trade; minimizing losses while allowing wins to grow; journaling and making adjustments in light of actual data
It is discipline and data, not emotions or gut instinct, that create profitability.
TL;DR
Profitable trading is possible, but only if you approach it as a high-performance craft. It requires process, ruthless honesty, capital preservation, and time. You'll probably fail if you're looking for easy wins. You will eventually turn a profit if you are establishing a process.