Curious. What made it a bad strategy? It would seem to me that if one's criteria are strict enough, there are no bad trades. There are only slow times when few trades meet the criteria. If a market is whipping around in a seizure-like frenzy then that is clearly observable in the charts, and I am on the sidelines. I'm equally happy trading 40 times a month or only 1 or 2 times a month depending on the opportunities I see- I went through too much pain learning the value of patience to give up the benefits of that lesson.