Usage of Daily Bias in intraday strategy

Discussion in 'Strategy Building' started by frostengine, Mar 10, 2010.

  1. Does anyone use a bias such as only longs or only shorts for a given day based on what is going on in a longer time frame? For instance, I have a great trend following strategy that is long only. Obviously it does horrible in q4 of 2008. What type of checks could I perform to try and prevent going long during that time frame?