After a long and frustrating run, the 5MADT strategy delivered a profitable trade. In fact, it was a text book example of the market behaviour the strategy seeks – an intial wobble in the opening rotation, before the market set a direction for the day.
Here’s the set up:
And the score card:
Note the power of the profit to loss ratio – despite only two successful trades so far, the strategy is down just 40 points. Two more winning trades over the next few days would see the strategy back in profit.
You can read more about the Five Minutes a Day Trading strategy here: