Anyone who has a solid trading strategy found by increasing trading frequency helps or hinders there progression? Willing to take more hits to get to the final goal as the numbers i believe work out in the end rather than setting an x trades per day limit. Yes like the majority state trade less and less and more less and get nowhere.
The more swings of the golf club you do, practicing bunker shots, chips, long drives, putting and so on will 100% help to improve your game ESPECIALLY when you learn from your mistakes. No different to trading. This is why learning to trade on the 1m chart is one of the best ways because you get to swing that club a lot. And no, the 1m is not too fast if you take the time to work with it.
Its a good point but i'm specifically asking if you have done it in the past? It makes sense yes you will have drawdown and losing weeks however over 100 trades sticking to rules strictly it should work itself out and improve your technique. I heard from a top trader now runing is own firm and funded traders that he had 4 losing weeks followed by 7 winning months.
Not sure I understand. You can’t just increase activity for no reason. Opportunity , as defined by your method, either presents itself or it doesn’t. What you are asking sounds more like forcing trades aka overtrading.
Trading more frequently is the best way to maximize profitability if you can maintain a high win rate , aren't greedy, and it helps to have a bigger average win than average loss.
Loads of successfull trader claim to trade 10-15 times per day however the leaders n legends in the industry like Mike Douglas claim trade less and less?
Pips, stop worrying about what everyone else is doing in this business and focus on what YOU want to do and what YOU think is right etc. There are NO set rules, some trade loads of times a day and get solid results, others are like snipers and can wait hours and hours for the big time kill-shot. Imagine if you came up with a solid strategy that traded 20 times a day, would you stop at the 10th trade because 10 trades a day was some sort of limit you placed? Only a dope would. Conversely, if you came up with a solid strategy that only offered up on average 2-3 trades a day would you look for more because some trading 'legend' who happened to write a book said 'on average 10 trades a day is best'. Only a dope would do more than 2-3.