Now that I have closed the 4 short term units that I had been holding, I will be forcing myself to even up the short term trades at days end in order to keep this experiment as a day trade only type from here on out. I will of course still hold long term position trades in the positional account. Romik's point earlier was well taken in that by holding, I really am just trading positionally( a real word?) and it doesn't give me a good grasp on day trading (my embellishment of Romik's comments).
Romik, can you please point me to the post where he describes his trading methodology?? I am referring to nihabaashi's strategy. If you have a pseudo-code, can you share?? May be it is too much to ask...I am looking to implement it in MATLAB if possible. Thanks
you'll find it on ET, use search option. B1S2 the reason I suggested using a different strategy is because by reducing your time frames on your indicators, if that's what you do, might not work in shorter time frames. Perhaps consider a different method.
covered short here at 1309.25 ----*** 20 point profit. No position on for right now except the positional short build.