One thing I feel really strongly about is that you have to have 100% conviction in the method used.
To be honest I don’t have that in most styles of trading, not because I think they are wrong but they really don’t fit my personality.
I have tried scalping numerous times - I desperarately wanted it to work - but the moment a quick reaction would come I’d be shaken out of my position
That’s a lack of conviction of the trade at that timeframe.
Step up to the 8 hours and daily and that fear is removed to a large extent.
Another interesting thing is I rarely make money shorting - it’s become such a hoodoo for me that I swear I can reverse a whole bear market the minute I go short.
Forget using the plunge protection team just employ me instead!!
The weird thing is there are many great short trades out there - the systems I use work well - but no matter what I always seem to miss them.
So - i am a one trick pony - but with complete conviction in my tools.
One of my favourite writers Brett Steenbarger advocates diversifying strategies - while I agree with him on 95% of what he writes I just can’t master the diversification thing.