Maybe it should be called a Dailys trading, a very simple OOD (entry at market open price)/EOD (exit at market close price) trading system, no overnight position is held. Plan: Average loss 4 points, and 70% losing trades. Wining 30% trades at 12 points average profit. Expectancy 0.8 points (= 3.6 points - 2.8 points) .