One of the first points that Hurst makes in Profit Magic is that effort spent in improving timing accuracy is not wasted because the more often one can make a successful trade, the faster profits will compound.
I’ve noted, anecdotally, that many, if not most of the forecasts made on this forum, as well as with Hurst signals, and other Hurst practitioners are made on ‘longer’ cycles. I believe the magic numbers are 20 days and 20 weeks. In other words, particular attention is paid to the 20 week cycle troughs and peaks that occur within larger cycles, and resistance/support is sought with the 20 day FLD or higher.
My own experience has been mixed attempting to use a 5 day cycle. However this could be attributable to many things including inexperience.
Does anyone prefer to trade a cycle smaller than 20 days?