Tuesday, October 13, 2009
5 Min Time Frame
I've done a couple of trades based on 5 minute time frame. They're all, of course, on demo.
And the results?
1 win, 2 losses, 3 break-even trades.
Perhaps I can tweak this further, but I think I'll stop here.
I just don't feel comfortable trading this way. Trading decisions have to be made quick.
I feel that I need to rush when making trading decisions with 5m, and I can't say that I'm comfortable doing things this way.
In other words, this time frame simply does not fit my own psych profile.
Charts attached.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment