Trading decrypted - module 2
Today it's about the correct time unit for our New Trading. It would take one minute.
Justification
With a shorter unit of time, trading becomes error-prone due to the human psyche. Our target hit rate of 80% would not be feasible with a smaller tme frame. With a longer unit of time we would have too few trading oppurtunities. However, we need a sufficient number of trades to outperform the old trading.
tf
For the New Trading there is only the correct time frame of 1 minute.
Dear traders, please study this module 2 in chapter 32 of my book. Due to its central importance, the last and thus exposed one of the most important chapters was decided to this topic.
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