Early day session volatility hurts the 5MADT strategy – and that’s exactly what we got on Friday night. A blip downwards, and then a quick reversal saw the strategy stopped out very early in the piece. With 4 trades remaining, the strategy needs one more success to guarantee a break even result (+10 points), two for a guaranteed profit.
Here’s Friday’s prices:
And the scorecard:
You can read more about the Five Minutes a Day trading strategy here: