or market timing is not the only key methods to successfully trade or invest, its a combination of pre-defined set of rules of risk management principles for losing trades and the ability to have the patience with your winning trades.
RMS rules for Intraday traders:
1) Risk 1% of the account size on each trade, not more not less.
2) Find maximum 3 trading opportunities each day. Make sure you find those high probability trades and place 3 trades on each trading day.
3) Risk/Reward at 2:1.
4) ALWAYS PLACE A STOP LOSS. Placing a stop loss separates a novice from a professional.
5) Do not forget rule no.4