London, UK
Posts: 5 since Sep 2012
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Agree with consensus that trading the m1 isn’t a long-term viable strategy in and of itself. It’s pure noise and that’s tradable, but you’ll need no to low transaction costs, a team of quants modelling for you and a shedload of capital that I’m guessing someone looking to strategise on the m1 probably doesn’t have. Not been snooty at all – just alerting you to heed the advice from others above about at least moving up to the m15-m30. That’s about the smallest TF you can use where there is any sensible trend related action.
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