Lesson Relearned: Why I Abandoned Scalping 🚫
Last month, I shifted my focus to short time frames (M5-M15). Result?
Despite 85%+ good chart; A big loss😂.
Trust me: scalping and basing your strategy on LTF charts is unproductive. (1 - 5 min charts). ❌
It's much harder, and you'll spend immense time and energy for little return.
The truth is, I've specialized in medium/long-term analysis, scalping just isn't for me.
The current market volatility makes short-term plays nearly impossible, except perhaps on large caps like $BTC .
Since returning to my core skills (medium/long-term), profitability is back.
My strategy is the same, but the time frames are not.
My Refined Approach:
🔸80%+ in long-term investments.
🔸~20% for trading (win, lose, learn).
🔸Focus on H4 - Daily charts for breakouts.
🔸No FOMO. Wait for entries on retests or early breakouts.
🔸DCA in 2-5 parts per setups.
🔸Never all in.
🔸Invalidation = Close (based on H4 structure).
🔸No invalidation = Let the trend run📈
My Chart accuracy is >85%.
The real work is executing without bad psychology.
Do that, and your wallet should 🚀.
I'll focus on the best picks for upcoming analyses.
Stay tuned! 💥
Disclaimer: This is an informative post based on my experience and is not financial advice.
