DislikedIt is definitely not for me, but I wonder why anyone else would waste their time trying to daytrade?
Lets say you are watching 5 instruments, each at 20min, lets say you watch screens for 8 hours per day you get 5*3*8 = 130 bars per day.
130 bars, depending on how picky you are with your trades that can spawn any number of trades, for me it would be less than 5. Probably 1-2 trades mostly if even.
So much can go wrong while daytrading, you are under pressure to make quick decisions, you can overtrade, you can get bored, mad at the markets, trying...Ignored
I agree but i still do intraday trading only eur/usd sometimes crude oil but my swing acount longerterm is yielding more then intraday i dont even open that 1 many times only when i have a new idea to add to positions or opening new 1 letting trades run and larger timeframes was for me real changer i still do intraday why because i love the game. But the real thing is when it is bored that yields the most doing macro studies tecnical entries and let them run some will die some will yield and the yielders outperform the losses bigtime because of letting them run.