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® “Home-Study Course” Study Manual Page 179

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Day Trading

The ART® trading techniques can be used on any time frame including
intra-day trading, otherwise known as day trading. When choosing the
intra-day time frame you want to trade you must keep the following
points in mind:

 The shorter the time-frame, the more trading skill is required

 Short 1 to 5 minute time-frames are especially influenced by
traders of higher time frames. Trading systems can experience
difficulties due to trading activity outside their chosen time-frame,
which the trading system cannot see or measure. You may
experience “Draw-Down” when the realities of higher time frames
affect the realities of the time frame you have chosen to trade.

 While your system may accurately indicate the realities of the
time frame you are trading, you may still experience a loss from
stronger realities of another time frame. This is an argument for
trading in alignment with the “Higher Time Frame Method”.

 Or, you may just accept this type of “Draw-Down”, using proper
risk control. You would then trade through it without having to
be preoccupied with many different time frames.

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