Last week of this journal and will be switching to Nikkei swing trades based on the Daily chart. A different system will be used. All of this is aimed at displaying in real-time that money can be made consistently, regardless of consecutive losses, if one is ready to ride bigger waves and not pull out too early. Just like in this journal I will intend to stay in the market at all times.
Thanks Romik. It's been a great demonstration and performance so far. 130 ES points in 6 weeks. I'm guessing you're not a fan of trading shorter term time frames than 30min ? Or small targets ?
I am not very good at very short term trades. I can still come out on top, just neither enjoy it nor can claim being that good intraday.
Yeah, I think short term is more difficult due to the increased negative effect of commissions, spread and noise. Not much you can do about those and they all erode the edge when going for smaller targets.