Switching to longer timeframes....

Quote from IN2WIN:

Snip...

Keep it simple - it cost me over a million $'s to finally get that message!!
Good Luck
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Are you saying your tuition to the market was > $1 million? If so you bring new meaning to Perseverance!! :)
 
Quote from IN2WIN:

I had similar issues until I deleted all charts except the 5 minute - now I trade a working system (thank God) and make spectacular consistent profits.

Use whatever willpower it takes to get on the system that works, and stay there long enough until you "believe in and trust the system" then you'll have NO problem following without "thinking" it would be better with those extra charts and maybe some more indicators.

Keep it simple - it cost me over a million $'s to finally get that message!!
Good Luck
More...

i just got rid of level 2. shrunk the 1min chart and brought the 5min chart center and enlarged. it really made a difference, as i was able to start focusing on the 5min charts. its just a matter of getting used to it, that's all. shouldn't take too long ;)
 
Quote from funky:

i put this in the psychology section because i think my problem is mostly psychological. I started out trading 1min charts for the first 3-4 months, and just recently switched to using 5min charts. however, i'm having serious discipline issues keeping my eyes off of the 1min chart, and ignoring it for the most part (until my entry comes up). did anyone else ever have this problem? how did you solve it? i guess it will just take some time to get used to it. :cool:
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Here you go Funky...just for you! :)

http://www.elitetrader.com/vb/showthread.php?threadid=19881
 
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