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??
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..