I had a bad day, hitting just over half of trades, and only one hit my target.
STILL made money though (4.5 ES pts).
This shows the power of using retracements for day trading. I strongly suggest you use some variation of retracement unless you go longer term. other than true scalping, I don't believe any other system works on a really short time frame. Breakouts will definitely fail. Scalping is really tough.
Jay
STILL made money though (4.5 ES pts).
This shows the power of using retracements for day trading. I strongly suggest you use some variation of retracement unless you go longer term. other than true scalping, I don't believe any other system works on a really short time frame. Breakouts will definitely fail. Scalping is really tough.
Jay
