What I mean is that I trade day charts purely from scalping momentum. My ways of reducing risks in this area is stock selection, diversification, entry points (based on odds),t aking profits early and not holding shares overnight in this bear market.
On monthly charts, I trade with FA first. If it doesn't pass the 'going concern' issue and doesn't have the proper momentum setup in TA, I don't trade. I also hedge my STTCOMP portfolio by having shorts as well as long.
In each case I am using different timeframes to test different strategies. I am in the process of developing an intraday strategy.
