TRADING TIPS

Does it Work on Longer Time Frames?

  Hubert Senters here. Let’s take a look at Procter & Gamble on a daily chart. One of the questions I’ve been getting lately is ‘’hey, can you use the UBE pro on a longer timeframe? I see you doing it on intraday stuff?’’ Yeah. You can. It’s going to give you the same type of results where you’re going to have $1X winner minus one, minus two, minus three, minus four minus five. And then you got another one over here. So that would be minus four total because you have one, two, three, four, five losers. One winner, normal. That’s how real trading works. And then you short it here, target 1, target 2 and trailing the stop-Loss. So heads up, and that’s going to be more than $4X which is going to take care of a little small losses so yes, you can. And if you want to like ‘’well, I don’t want to put it on a daily chart. I don’t want to put on like a 60 minute chart.’’ Yeah. You can do it. Just go hit $60 and figure out if you like the results of that particular strategy. A smaller timeframe is going to give you more shots. The more shots like if you have on a one minute chart you’re going to take a lot of shots at the baskets but you’re going to miss a lot of them. So in other words it’s not that the signals are crap. It’s just you can get stopped out a lot. And the longer time frames you’re going to get stopped out too but the targets will probably be a lot larger when they start traveling for it, does that makes sense? So you just got to pick your poison, your timeframe that you like. That’s really good for your risk profile and stick to that. All right. Good luck. Hope it helps. Before I go I will hyperlink you to the webinar that we are doing on Thursday, April 26th at 7:00PM EST. Just click CLAIM MY SPOT NOW to register for the webinar. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.

Submit a Comment

Your email address will not be published. Required fields are marked *

Share:

Facebook
Twitter
LinkedIn
On Key

Related Posts

Get Reports From The Trenches on What’s Working Now
Twitter Facebook

 

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.