Enjoy your 1hr work week

Why put so much effort in monitoring smaller and lower probability timeframes, when you can enjoy a stress-free 1hr work week monitoring the daily chart 5mins a day?

Trade Less, Earn More.

The lesser you trade, the more you earn. Choose those with the best everything - risk reward, probability etc. Imagine earning 1:5 r:r with the best probability.

Post-entry choppiness in smaller timeframes

When after entering a smaller timeframe trade, price starts to consolidate or chop for an extended period of time, it is best to just close out the trade because it is quite probable that volatility would hit you anytime.

Vary position sizes

Vary position sizes according to one's gut feel confidence in the trade.

Smaller timeframes

One should not trade smaller timeframes than the daily one, as there is increased volatility. Volatility can suddenly occur and stop out your trade prematurely. Therefore, one should only enter smaller timeframes on a volatile signal candle ie when price range of candle suddenly widens a lot

Trading accounts

Set up an ultra conservative 100 percent probability (imo) live account to earn solid guaranteed money. Set up another demo to master other trading conditions (to 100 percent) before using the ultra conservative live account to trade those conditions.

Alternatively, reduce the risks for those trades by half. They are still high probability.

Logic and reason's role in trading

Logic and reason can only explain what is observed as a repetitive phenomenon in the markets. They cannot be used to theorise and predict what will happen in the markets, technically, if one wants to trade with high probability.