Hi all,
I wanted to point out that I have been doing really well on days where the market is trending. Today however, TF chopped around for the most part and I found myself getting stopped out all day. The trades I placed were attempts to scalp (ie volume confirmed and atleast three bars up or down preceding the entry and following MVP trend. I’m trading TF APEX MVP on 14 sized diagnostic bars.
Almost after every trade, TF immediately moved against me and I got stopped out, for a total loss of $550 for the day (ouch). Is there a way to avoid getting chopped around and still being able to place trades (eg smaller bars perhaps)? Or is the better approach to just sit on the sidelines on a choppy day?
Appreciate the input, thanks.