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Re: Smaller profits yields better results?
With your 5000V charts, how are you placing your stops differently than before? I assume you're taking on a little less risk for a little less reward than before?
I only ask because this is something I was grappling with for a while...time frames. I used to trade an 89 tick chart looking for 50 point moves, and then realized the minutia I was seeing wasn't conducive to my targets. I would love to have a couple 20 point trades a day on average, and getting even 20 points off an 89t chart wasn't something that was easy. When I moved to even a 5 minute chart I was able to take out noise and get bigger profits, but had to take on more risk...but got stopped out less.
So...maybe its the opposite for you now. Taking smaller profits, smaller risk...but still the same timeframe? Im but only a teeny fish in the pool, and you're tons more experienced than I, but just thought I'd pose the Q since that was an issue I recently worked out with my coach.
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