Dislikedthat makes no sense. wouldn't you rather the feedback of more trades over time than have to hope and pray over less trades giving less feedback over a longer timeframe?
a golfer hitting a hole in one doesn't make a great golfer. a golfer who hits under par each and every game is.Ignored
I have begun scalping for 5-7 pips using the M1 and M5 time frames side by side both with stoch14 as an overbought/oversold indicator. I look for a trend on M5 and when price nears resistance and stoch14 is overbought I wait for M1 stoch 14 to also be overbought (above 85), wait for price to begin to stall and make a couple of little candles and enter a sell. For a buy trade I obviously look for the opposite. The stoch definately tips the odds in my favour as more often than not the price will reverse. However I'm trading a 2:1 RR and this is the only thing that makes it tricky with a 10 pip stop before commission and 5-7 pip net gain. But in my opinion a stop of any less than 8-10 pips is completely pointless and only leads to too many losses as the market needs space to breather even during a short term reversal.