the current market, page-23

Arg, thanks for the info. I don't have the time nor inclination to delve into ultra short term trading, but your approach is interesting. I understand the principles that you have described, hence, thanks for the offer, but I will not seek further info via email at the moment.

My objective is to develop a relatively short term strategy that only requires me to set trade bids each morning, and adjust the stops each morning, then leave the trades to manage themselves and rake in the profits. This approach will ideally take me about an hour each evening on research, and 15 minutes each morning.

I have a strategy which has been successful in the past, but my trading has overall been flat for the last 4 months. Hence, at the moment I am working on strategies that suit the choppy markets that we endure lately. I have learnt several key lessons that will help me trade in choppy markets, but I am looking forward to a more steady bull or bear market that will result in easier trading.