DislikedAfter many years of trading, what is your method? What timeframes do you use? ThanksIgnored
After many years of trading I've learned that your precise method is not that important in itself. Pretty much all of them are derived from a few common basic strategies and none have a huge inbuilt edge, there is no magic formula out there.
However, what I do think critical are:
1. that your method & timeframe suit you. If you are not comfortable with your method you won't be able to stick at it through difficult patches, as you must.
2. your risk control, position size, discipline and consistency in trading your method are far more important than the fine details of the method itself.
To finish by directly answering your question: I am a short term intraday technical trader using 5 minute charts. But this information is of no value to you unless you happen to share all of my psyche, market beliefs and emotional disposition. You need to work this all out for yourself first, then derive a sensible method that suits you, and then acquire the necessary discipline, risk control and consistency to trade it properly. In my experience most wannabe traders never bother to go through this process and so they lose sooner or later.
Good luck!
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