At some point these tight buy/sell levels will constantly get you whipsawed out on stop losses. My windows are so tight, my longest Index Futures trade lasted only 4 minutes. Yes, my losses are minimized, but more common. Also, my wins are cut short. The tough part now is that the markets are super turbulent. One speech can turn your big wins into a small loss very quickly. I still hesitate to let my trades sit overnight, but at least Index Futures are still tradeable after hours for me. Opening up my time frame will allow a bigger picture view. That also means less trades, but as long as my win rate remains the same, my overall profit should still be positive. The biggest challenge I foresee is coping with the huge red numbers and trusting that they will return green before the trade is done. Knowing myself and my trading habits, I will really have to fight the urge to scalp on fears of “news” distorting the program. Keeping a journal has proved helpful to me. As I change strategy slightly, I have a history profile of myself. This allows me to prepare myself for the change, and avoid damaging practices. Know yourself and increase your chances for success. Trade well, y’all!
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