Should you use QFL trading methods on smaller timeframes to daytrade?
trading·@quickfingersluc·
0.000 HBDShould you use QFL trading methods on smaller timeframes to daytrade?
There has been alot of discussion lately about using 15min candles or dare I say, even 5 min candles to daytrade using QFL style trading.. Honestly, I totally understand the desire for some action, and to keep busy all day... But is this really safe, does it make sense from a risk reward point of view?? <iframe width="560" height="315" src="https://www.youtube.com/embed/vKYa-t8z3Y0" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe> I hope this video helps some of our traders to see how risky daytrading can be, and how profitable Small Account Building trades are... Thats why I have been promoting only Position Trading on 2 month 1 hour candle charts or higher.. and Small Account Building trades on 1 to 2 month 1hour candle charts with $300 to $500 per trade.. Luc
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