I had traded similarly. My results improved as I went higher in TF for directional bias, entries on the fastest and managed the trade in a sweet spot between the two. In addition, mapping out when not to trade improved results as well.
I saw a guy do that once, linked... https://www.elitetrader.com/et/threads/copper.356233/page-7#post-5656877
I create models by hand, they are more like schematics and mindmaps. They are like artifacts of my understanding of different market perspectives. I like OG, time tested sources rather than new pubs. This is said with the exception of Market/Volume Profiling and Footprint charts. Just dug deeper into this topic this past year with TradingRiot (intro) and Axia’s (in-depth) content. It’s good stuff but takes diligence to digest, integrate and implement.
Fast, unabated price movement with little and short pullbacks during the move. Trading volume and tick volume grows as well during this time.
%% I still enjoy what Salam Abraham's Grandad warned him, about leveraged stuff like that; ''congrats[sarcasm]\ of all the ways to lose money \you chose the fastest'' Some made it work; even fewer learned trading starting with that..........................
It is mos def doable. Do your preparation and homework, Have a business plan. Like Missy 'Misdemeanor' Elliott says in "Work It"... Is it worth it, let me work it And find out how hard I gotta work you I put my thing down, flip it and reverse it If it's 9 to 5 or shakin' your ass Ain't no shame, ladies, do your thing Just make sure you ahead of the game If you got a big ***, let me search you And find out how hard I gotta work you If you can't do stats with a rules based system that supports your business then take Missy's advice, Careful wit da Futures Trades, Do Not Get Levered Up with no place to go. Know your adversary. As Tom Waits warns in Spare Parts 1, "The hawk had his whole family out there in the wind. And he got a message for you to beware. Kicking your ass in, in a cold-blooded fashion, Dishing out more than a good man can bear..." Don't believe it? Long Popcorn. net worth Salam Abraham's Grandad - https://www.dogpile.com/serp?q=net+worth++Salam+Abraham's+Grandad
[partial UOTE="easymon1, post: 5657474, member: 82119"]It is mos def doable. Do your preparation and homework, Have a business plan. ......... Careful wit da Futures Trades, Do Not Get Levered Up with no place to go. Know your adversary. As Tom Waits warns in Spare Parts 1, "The hawk had his whole family out there in the wind. And he got a message for you[ to beware. ] Don't believe it? Long Popcorn....... [/QUOTE] A Hawk is like a system/ he or she could do things ,even the better + best discretionary trader could not do . A hawk tried to get one of my pet hens, when i kept those hens. She saw the hawk dive +the hen turned around a stump= victory for my pet hen. I like the way those hawks scream + keep most of the squirrels out of my orchard Good homegrown red + green apples for lunch. Aussie futs trader said intraday is ''where the market does not want to go'' LOL .Good points; +good close yesterday...............................