DislikedMy method produces best results in 30/50 scalp trades.
I seek help on the following:
1. What are the benefits of going long-term in a volatile market that always seeks equilibrium?
2. How longer term-trading can possibly produce better results than scalping if one risks no more than 1%-2.5% risk per trade? I don't believe longer timeframes have noise lesser than that in shorter timeframes or trend in them is easier to identify than shorter timeframes.Ignored
1. You wish to minimize screen time, for a pre-specified (expected) profit, for a pre-specified maximum loss.
(a) The question as it stands is ill specified: you can minimize screen time to practically zero (just putting in orders) if you work off-line, but that's not what you are after, I think. So I suggest instead of screen time, wish to minimize time invested per day.
(b) With regards to 'always seeks equilibrium': that is a difficult notion. Participants have different time frames, budget, information, information arrives at different times, evaluated differently (money flows, PPP, TA)...it is a heterogeneous market. If you can't define equilibrium, then it is difficult to say the market now seeks equilibrium by dumping EUR/USD.
2. By better results, I think you mean
(a) smaller variance (bounded from below), at the same time
(b) less time investment to find your entries, and exits.
OK, if I got it correct and a bit more precise, that would make it a more focused discussion. Otherwise, please correct me.
