Is everything about day trading just some sort of TA on a 1 to 5 min chart? Does anyone use a tick chart? Since the building block of all charts is the tape and a tick chart is just picture form of the tape, I think that may help. I have been bashing though books in these past few months. Anything that mentions psychology or position/risk management I love. Anything that rehashes some crap TA is ok if it gives something new, any rehashing is junk. And it's funny, in the search for something I know what I am really just looking for is proof that it can be done. B
I do not use charts at all. I use Excel spreadsheets. I make 4 or more trades a day in Retal Spot Forex. I will not discuss my methodology other than to answer your question that your thread begs. IT IS POSSIBLE to be consistently profitable. I imagine of continuing with 3-7% per month for quite some time. Michael B.