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Posted

I thought I would pull back to daily/weekly charts as that would be easier to get good at (since you will tend to have looser stops and so on).  Then I started looking at hourly charts, and I had a strong feeling that you get an advantage from a timing perspective and you also avoid holding on to positions that get you shafted when the market gaps up/down the next day.  Tight stops mean you get closed out very quickly, but it limits your losses IF you resist the temptation to keep re-entering the trade.

So many perspectives, indicators.  I actually feel overwhelmed and overstimulated to the point of burn out and depression.

Just buy and hold, and take up knitting?

Posted

Yes ... buying and holding is only for when you spread out your investments ('diversify').

I guess there is no way around it, will have to use a combination of longer- and shorter-term charts.

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