Five Minutes a Day Trading – Come to Papa – Feb 19

Another successful trade overnight makes two in a row. Not only does this dramatically improve the profit and loss position it relieves that slightly sick feeling, and justifies the trading principle of sticking with the plan. Seven trading days to go.

Here’s the set up:

20120220 dax prices

And the scorecard:

20130220 results

You can read more about the Five Minutes a Day Trading strategy here:

 http://blog.cmcmarkets.com.au/2013/02/01/five-minutes-a-day-trading-germany-30/

About michaelmccarthycmc

Chief Market Strategist - CMC Markets and Stockbroking Regular on ABC, BBC, Bloomberg, Channel TEN, CNBC, SBS and SKY
This entry was posted in Market, Shares, Stocks, Trading and tagged , , , , , . Bookmark the permalink.

4 Responses to Five Minutes a Day Trading – Come to Papa – Feb 19

  1. James says:

    lets hope for seven more in a row

  2. Luke Mc says:

    Michael what would be the chances of this whole strategy ultimately failing in the future so it becomes completely unprofitable and therefore untradeable? Also how long has this strategy been backtested using market data for and what was the results?

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