Cycle Trading

[farooq]

Hi Duma,
I trade 5 min chart and most of the time done by 1 PM.Because I trade a diversified small cap index so I feel comfortable to trade 30 to 50% of my portfolio. Rest is used for option writing or put writing, they are usually hedged also to a reasonable risk. Since bull and bear etfs both are available so I am not just stuck with up side. I just need to know short term direction of the move. You can try with your 15 min chart. In my best year all portfolios (every one) went up more than 1000 % I was compounding every dollar for 1 year. It was lots of work, It included options writing also. Option portfolio went up but it also has too many swings.Since it put me where I can do some charitable work so returns are way less. One need to trade with system which is easy for him. Some of your inputs helped me so I am always thankful to you.
Farooq