[Soultrader]

awhoa99,

You probably are getting into the stock at a later point than most professionals. You wrote that you may be chasing profits which you probably are. And this is due to the fact that you trade using lagging indicators. I am sure you read alot of articles convincing you to trade with indicators on multiple time frames. But this is a strategy that all new traders use. Professionals rely on price action only. Indicators only exist to indicate or confirm price action.

Do not base your trading decision on indicators. Instead use it as a tool of confirmation. Learn to read price action. Then until you get used to it you can rely on indicators to confirm your decision. The MACD is not a great tool to use when you are trying to trade on a 1,5 minute chart. In my opinion it is way too slow.

You are still very new to trading. Know beforehand that trading can take a lifetime to master and at least 1-3 years to trade profitably. Your first year should be for you to craft and perfect your skill. I am not saying you need to lose this year.... but you need to spend time developing your trading style.

So far, it seems like you have only one trading method based on the moving average and MACD. I suggest you unlearn and learn. Hope this helps.