DislikedThe brutal truth of day trading is very simple. The small time frames are not your friends! Day trading is counterproductive no matter the strategy you have. The math does not lie! You can easily see that short term trading as anything below 1 day gives you very bad odds.Ignored
Daily timeframe trading is counterproductive no matter the strategy you have. The math does not lie! You can easily see that short term trading as anything below 1 year gives you very bad odds.
Also you must draw lines, rectangles and place fibo levels! More fibo levels more wins! If you are super professional trader then you can draw triangles and even cycles. Remember to have black background on your charts. It looks more professional then white.
Observer effect
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