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.

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