Some like to call it micro trends..micro ticks..micro ranges..and maybe a few more that I have not seen yet but which way is actually the best so that you do not get micro profits for all of your hard work? Am I missing something here?
It's a "volume business". You have to increase your trading frequency when you are trading for "small" profits. You're selling Chevys instead of Ferraris.
So in order to make money trading I need to trade larger size more frequently? As larger size equates to larger risk then surely I need to be able to place low risk trades or as some people have mentioned I need to be able to buy low and sell high or opposite for shorts? Now that I know what I need to do how do I actually do it so that I can convert that frequent high volume trading into hard cash?