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Risk and reward doesn't matter if you don't know what you are doing.. To be successful at trading you have to master multiple things and Risk and reward is just a small piece of the pie.. No one part of the pie is more important then the other pieces (even though some people don't believe this)...

That's your opinion. But it's money to be made in intraday trading.. BTW if the long term chart is easier and reliable to predict how come everyone isn't rich yet? Something to think about.. You said it not me.

Go have a look at my journal. I had explained exactly why shorting was a bad idea at the time you went short (I actually waited and went long).. Secondly, whats the reason for you entering the Market? You haven't told me yet.. Are you a pullback trader, breakout trader etc? And thirdly, I think...

Why are you going short when price is going up? What's your reason for entering on any trade? Also I think your stops are too wide for the 5 min....

5 min Chart but took the trade on the one min.. The 20 ema is the blue one..

Shout out Nodoji she inspired me to check out the 5 min 1 min 20 ema on the CL.. I'm not sure that this type of trading is for me yet so for that reason this journal will go on for one week.. If i like my results then I will continue the thread :D Today was a great day for scalpers.. Notice...

Thanks for your explanation :) .. I have been back/live testing your 5 min 1 min ema strategy (if you want to call it that).. Today I saw some good trades that was winners.. Today we made a double bottom at 7:12am est so I started to look for longs.. The first long was at 8:03 am winner, second...

How do you come up with these levels? What do you mean by the backdrop of previous price action ? And do you put your stop at the previous swing low/high?

So you don't care too much about one candle stick as a signal? You are more into patterns? Maybe a failed top or bottom?

Do you take pin bars?

What bar did you go short on the 9:30 1-2-3? What about the 5 min 20 ema? At 10:30 it held nice support.. You don't take trades off of that off the 1 min chart? Also, placing a limit right at the 20 ema isn't that dangerous? What do you look for before putting a limit at the 20 ema?

Quick question.. Let's say if price pull back on the 1 min 20 ema and then you get a signal... Are you putting your stop loss right behind your entry 1 min candle or do you have a hard 15 tick stop?

What do you trade anyways? Yes you will need multiple strategies if you want trade everyday unless your signals are based on a single candle stick like pin bars etc.. But you still have to know market behavior.. How about this.. Before you trade ask yourself is the market ranging or trending...

10-15 a day wow thats a lot :D .. Yo must have 4 different systems/patterns you trade at once?

Are you looking for a minimum of 10 ticks on every trade? And how do you breakeven a trade? Do you wait until it hits 1:1 and if it comes back to your entry then you make it a breakeven?

Are most of your trades 1:1? And also, do you trade off of channels everyday?

Nodoji do you have a set system? Or do you just look at the market and say ok its time to take a long/short? Also, how do you know when to go for 20 ticks?

Wow that's powerful.. People always preach cut losers short and let winners run but like you said it's very hard to do in reality.. You will have Too many losers in a row because you are always trying to go for the home run ..

What was the one thing that transformed your trading and made you profitable?

CL is chopping? Oh really? I have seen nothing but trends lately(all month).. Have you ever traded the es? Now that's chop..