Sometime earlier i had mooted the idea of having multiple positions in the same instrument for different time frames. The simple and the only rule to follow is that you start when the price closes above 200EMA at the close of the candle in that Time frame. Your SL would also be only a close below 200EMA in that time frame. You take adds as per 36EMA in that time frame and exit all the adds only when you get a close below the last level of ADD. Going by this method you create positions as per weekly, daily, hourly, 15min and 5min TF. 1min TF can be used for intraday trading. If you follow this simple method to the T then there is no stopping you from becoming infinitely rich in a few years. (Just as an example we got an initial trade in BN at around 14600 in Feb-16 in weekly and 2 adds at 16700 on 6th may 2016 and 18300 on 6thJan. 2017. So we are up 26000 points cumulative in this. (i.e. more than 10Lacs). Our investment in this became zero in feb-16 itself when we switched to higher strike price options on roll over at expiry). Similarly if you calculate for daily, hourly, 15min and 5min, i am sure one would have made more than 100000 points with zero investment. This is the way to get rich with a detailed plan. It is never too late to start. Start with the TF where you can initiate your trade (so maybe the 200EMA of 5min or 15min. TF). Wish you all a very happy and profitable trading.