This type of trading needs huge capital because we are trading d1 and w1 chart... no doubt our strategy may be the best one and we are in trending direction but even then in this type of long term trading we may face sudden opposite direction movement for some time and if we trade with small capital we may be in loss and if our capital is huge enough after hitting the next resistance / support ( oversold/overbought ) area we can make good profit in single entry.